This is Wall Street Week. I'm David Westin, bringing you stories of capitalism. Gold is all over the place, from setting new records to plummeting, to a partial recovery. What does it mean for investors and for those getting the gold out of the ground? Plus, the US had its China shock 20 years ago. Is Europe in store for its own version this time as China looks to find new markets for its exports? And investing in art can be fun. It can be satisfying. But like any investment, it can go down as well as up. W ...

Curt Garner, Chipotle’s president and chief technology officer, helped boost the burrito chain’s online sales from just 5% to more than a third of total revenue.Read more: https://t.co/mIIGmBFJn4 https://t.co/o30hmz3X2T ...

Core Insights - Worksport Ltd. reported a 400% year-over-year increase in direct-to-consumer e-commerce sales, with single-day sales exceeding $200,000 and weekly sales reaching $665,000 [1] Company Performance - November 28, 2025, marked the highest single day of online sales in the history of Worksport Ltd. [1]

E-commerce & Transaction Volume - Visa's network processes approximately 110,000 transactions per second [1] - Adobe anticipates Cyber Monday sales to reach $14.2 billion, a 6% increase year-over-year [2][3] Fraud Detection - Visa reported a 200% increase in blocked presumed fraud in the US on Black Friday compared to the previous year [2] Retail Sales Performance - Mastercard indicated that Black Friday retail sales increased by 4.1% across all payment methods, both in-store and online [4] - Mastercard's data shows e-commerce grew by 10.4%, while in-store sales increased by 1.7% compared to last Black Friday [4] - Adobe Analytics reported that Black Friday online sales exceeded expectations, growing by 9% to $11.8 billion [5] Consumer Behavior & Trends - The National Retail Federation estimates that nearly 74 million Americans, or 40% of the population, are expected to shop on Cyber Monday [2] - Store traffic analysis firms, like RetailNext, noted a decrease in shoppers visiting stores on Black Friday compared to the previous year [5] - Visa's top spending categories during the holiday weekend include apparel and accessories, electronics, and home improvement [6]

Curt Garner, Chipotle’s president and chief technology officer, helped boost the burrito chain’s online sales from just 5% to more than a third of total revenue.Find out how: https://t.co/mIIGmBGhcC #ForbesCIO (Illustration By Oriana Fenwick For Forbes) https://t.co/8XEAeuZT5U ...

JUST IN: 🇺🇸 U.S. online Black Friday sales reach record $11.8 billion, up 9.1% from last year - Adobe Analytics. https://t.co/cIGrKOZ6BH ...

November Online Sales Up 7.5%, Showing Strong Start To Holiday Season https://t.co/Jc89Q5sZ3E ...

Curt Garner, Chipotle’s president and chief technology officer, helped boost the burrito chain’s online sales from just 5% to more than a third of total revenue.Find out how: https://t.co/mIIGmBGhcC #ForbesCIO (Illustration By Oriana Fenwick For Forbes) https://t.co/eEl9MTKINe ...

Curt Garner, Chipotle’s president and chief technology officer, helped boost the burrito chain’s online sales from just 5% to more than a third of total revenue.Find out how: https://t.co/mIIGmBGhcC #ForbesCIO (Illustration By Oriana Fenwick For Forbes) https://t.co/mcrOBCPXHQ ...

Summary of Key Points from the Conference Call Industry Overview - The conference call discusses the performance of various sectors in the Chinese consumer market, particularly focusing on e-commerce platforms like Tmall, Taobao, and JD. The overall growth across most sectors is described as muted, with specific categories showing significant declines in year-over-year (YoY) growth rates [1][12]. Category Performance - **Supplements/Infant Milk Formula/Dairy**: - Supplements grew by 9% YoY, Infant Milk Formula (IMF) by 2%, and Dairy by 1% [1][12]. - **Declining Categories**: - Beer saw a decline of 19%, Beauty products declined by 9%, Small kitchen appliances by 7%, Sportswear by 6%, and Sports shoes by 4% YoY [1][12]. - **Flat Performance**: - Pet foods and Women's clothing remained flat YoY [1][12]. Brand Performance - **Domestic vs. MNC Brands in Cosmetics**: - Multinational Corporations (MNCs) outperformed local brands in October, attributed to easier bases and favorable platform support. Estee Lauder and Kose led with 33% and 32% YoY growth, respectively [2][29]. - Local brands like Mao Geping and Botanee grew by 33% and 11% YoY, while Proya and Giant saw declines of 24% and 25% YoY [2][28][29]. Sportswear Insights - Niche MNC brands continued to outperform larger brands, with product cycles playing a significant role in performance disparities. For instance, Adidas showed solid momentum, while Nike did not perform as well [3]. - Weather-sensitive brands like Bosideng and Uniqlo experienced growth due to colder weather in Northern China [3]. Sales Recognition Practices - The growth rates for October may be distorted due to sales recognition practices related to pre-sales and returns during the Double-11 shopping festival. A combined analysis of October and November data is recommended for a clearer picture [7]. Notable Brand Performers - **Outperforming Brands**: Lululemon, Adidas, Roborock, Pop Mart, and Maogeping [8]. - **Underperforming Brands**: QuadHA, Nutrilon, Fancl, Carlsberg, and Comfy [8]. Additional Insights - The report highlights the importance of omni-channel strategies being executed by brands, indicating that online sales may not fully reflect overall performance due to offline sales channels [3]. - The performance of various categories is further detailed in the exhibits, showing YoY trends and market share changes for key brands in the infant milk formula and supplements sectors [19][20][22][25]. Conclusion - The overall consumer market in China is experiencing stagnant growth with significant variances across categories and brands. MNCs are generally outperforming local brands, particularly in cosmetics, while certain sectors like sportswear are seeing a bifurcation in performance based on brand strategies and external factors like weather.