Out of Cash, Many Americans Add to Their Credit Card Debt During the Holidays Once flush with additional savings from the pandemic, many consumers have exhausted that excess cash due to ongoing inflat...
Tag: Holiday shopping
Buy-Now Pay-Later Revenues Surge Up 70% Ahead Of The Holidays
Businessmen holding a smartphone with icons of BNPL with online shopping icons technology. BNPL Buy … [+] now pay later online shopping concept. getty Consumers don’t always realize Buy now, pay...
Scammers Are Flooding Amazon With Fake Reviews For Popular Holiday Gifts
When it comes to buying slippers, of all things, 71% of online products reviews are fake. The percentages for other popular gift items go up the closer we get to the holidays. As the task of holiday s...
Apple, Walmart Go Big Into Financial Services; Delinquencies, Charge-Offs Rise
Credit Card Delinquencies, Charge-Offs Rise on Path to Normalization Credit card delinquencies and charge-offs rose for all six major U.S. card issuers in October. Bank executives said such a trend is...
The Legality Of Card Surcharges; Buy Now Pay Later Surging During Holidays
Shoppers Go Deep on BNPL and eCommerce as Holiday Shopping Ramps Up Driven by an inflation-fueled demand for deals, the official kick-off weekend of the 2022 shopping season outperformed events of the...
Deck The Malls – Holiday Shoppers Are Back At Brick-And-Mortar Shops
Cue the holiday music, place Santa on his garland-adorned perch and commence expanded holiday hours. People are ready to shop in stores. JLL’s recent Retail Holiday Survey sent to 1,080 U.S. consumers...
Inflation? Recession? Starting Black Friday, America plans to spend
Pedestrians view the holiday windows at the Macy’s Inc. flagship department store in the Herald Square area of New York, U.S., on Thursday, Dec. 2, 2021. Bloomberg | Bloomberg | Getty Images Ame...
Retailers roll out stricter return policies ahead of the holidays
The holiday shopping season is always closely followed by a spike in gift returning. But this year, it may be harder to bring things back for free or at a low cost. Roughly 60% of retailers said they&...
Consumer Demand Is Strong, But Shoppers Expect Bigger Discounts?
Consumer Demand Is Strong, But Shoppers Expect Bigger Discounts? Getty Images With all the challenges retailers face this holiday season — inflation and inventory glut topping the list — here’s an ano...
Some Shoppers Are Using Bots To Nab Free Holiday Gifts
Forget Black Friday deals. So-called freebie bots can score discounts of up to 100% on merchandise ahead of the holidays. R ather than braving the Black Friday crowds to do his holiday shopping this y...
Here’s What Is Trending In Physical Retail This Holiday Season
NEW YORK, NY – NOVEMBER 25: People carry retail shopping bags during Black Friday events on … [+] November 25, 2016 in New York City (Photo by Eduardo Munoz Alvarez/Getty Images) Getty Ima...
Reasons to say ‘no’ to a store credit card offer this Black Friday
Prostock-studio | Istock | Getty Images In the rush at the store checkout this holiday season, you may be tempted to say yes when asked if you want to apply for a store credit card — especially if you...
Inflation Eases, Consumers Spend, Jobs Multiply
Retail’s Christmas Miracle: Inflation Eases, Consumers Spend, Jobs Multiply getty Keep the champagne on ice for now, but the people have spoken, and the message seems clear — we’ve gotten used to expe...
Retailers’ biggest holiday wish is to get rid of all that excess inventory
A clearance sale sign is seen at the Gap retail store on September 20, 2022 in Los Angeles, California. Allison Dinner | Getty Images As some of the nation’s largest retailers report quarterly e...
The best ways to pay for holiday gifts ahead of Black Friday
What you buy this holiday season is just as important as how you buy it. In fact, the payment method you choose at checkout can go a long way toward helping you stick to a budget, save money and stay ...
Free returns may be over as retailers introduce stricter policies
Policy adjustments ‘deter the consumer from returning’ With rising costs squeezing margins, many retailers are rethinking their return policies, shortening the return window and even charg...
The 2022 holiday shopping season has started
Amazon’s Prime Early Access Sale may be over, but the discounts have only just begun. “Black Friday is here,” said Julie Ramhold, a consumer analyst at DealNews.com, noting that sale...
Online holiday spending expected to be weak after months of early discounting
A contractor working for Amazon.com cleans a delivery truck in Richmond, California, on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images After months of sales and markdowns from re...
Here are the best deals
Amazon’s Prime Early Access sale: What’s in store When Amazon’s sale kicks off Oct. 11, expect to find the best discounts on Amazon devices, such as the Kindle, Echo and Fire TV stre...
Inflation Will Impact How Holiday Shoppers Buy, And Who Gets Gifts
Consumers are trimming their gift lists and shifting their spending plans due to inflation, … [+] according to a new KPMG survey getty Inflation is the top concern of holiday shoppers this year,...
There’s A Good Chance You Won’t Get All You Want For Christmas
What you hope is in that box may not be available. getty Retailers were burned during the pandemic when they didn’t have what stuck-at-home consumers were looking for. Couches, bread flour, bicycles a...
Target plans to hire 100,000 seasonal workers and start deals early
A hiring sign is posted i front of a Target store on February 05, 2021 in San Rafael, California. Justin Sullivan | Getty Images Target announced Thursday that it will hire 100,000 seasonal workers fo...
Walmart plans to hire 40,000 workers for the holiday season
A Walmart worker organizes products for Christmas season at a Walmart store in Teterboro, New Jersey. Eduardo Munoz | Reuters Walmart announced Wednesday that it will be hiring 40,000 seasonal and ful...
Holiday shopping season expected to be muted amid high inflation
Shoppers hold hands at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters Retailers are scrambling to prepare for the fast-approaching holiday shopping ...
Inflation fears spur shoppers to get early jump on year-end holidays
Inflation is a Scrooge. Although the holiday season is still months away, consumers are already concerned about how they will afford this year’s gifts as prices continue to rise, several studies...
3 trends to watch as retailers prep for back-to-school, holiday shopping
Pedestrians view the holiday windows at a store in New York, on Thursday, Dec. 2, 2021. Christopher Occhicone | Bloomberg | Getty Images Summer vacation season is just getting started, but retailers a...
Mastercard CEO says spending trends look ‘relatively positive’ in 2022
Consumer spending trends look “relatively positive” so far this year, Mastercard CEO Michael Miebach told CNBC on Thursday, following strong holiday numbers. Miebach’s comments in an...
Inflation fuels holiday online sales to record $204 billion: Adobe
A worker moves boxes of goods to be scanned and sent to delivery trucks during operations on Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, November 29, 2021. Mike Sega...
Americans overspent during the holidays, increasing credit card debt
By many measures, 2021 saw a record-spending holiday season despite ongoing supply chain problems, inflation and a new Covid-19 variant. Holiday sales are on track to grow as much as 11.5% over 2020, ...