NRF: Nearly 180 Million Shop Over Thanksgiving Holiday Weekend

According to the annual survey released by the National Retail Federation and Prosper Insights & Analytics, nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday. The number of shoppers compares with 186.4 million shoppers in 2020 but exceeded the NRF’s initial expectations by over 21 million and is in line with the average of the last four years.

Thor Industries Announces Promotions

Thor Industries Inc. announced the promotion of Todd Woelfer to SVP and chief operating officer and Trevor Gasper to vice president, general counsel and secretary.

JD Sports Board Member Steps Down

JD Sports Fashion Plc announced that, after more than six years on the Board, Heather Jackson has stepped down from her position as a non-executive director. Mahbobeh Sabetnia has joined the board.

Allbirds Q3 Revenues Jump 33 Percent

Allbirds, Inc., in its first quarterly report since going public, widened its loss in the quarter ended September 30 as sales rose 33 percent. Results were slightly above forecasts.

Adobe: Cyber Monday Online Sales Drop 1.4 Percent

According to data released by Adobe Analytics, consumers spent a total of $10.7 billion on Cyber Monday, which is down 1.4 percent year-over-year; this marks the first time Cyber Monday has shown a decline in sales since Adobe began tracking the figure in 2012.