Covid created havoc for retailers in 2021. After a year when Americans suffered through lockdowns and most of us largely stayed at home, the great reopening of 2022 made it really hard for chains to d...
Tag: Shopping
Green Monday Is The Second Largest Online Shopping Event For The Holidays
Green Monday is the second busiest online shopping day for the holidays following Cyber Monday and … [+] occurs on the second Monday in December. getty Green Monday is one of the retail industry...
Retailers Risk Alienating Shoppers With Stricter Return Policies
Retailers Risk Alienating Shoppers With Stricter Return Policies getty Retailers appear to have made a dent in the inventory glut this fall. According to the Federal Reserve’s latest statistics, level...
One Person Dies As Explosions And Fire Engulf Moscow Shopping Center
Russia firefighters battled a massive blaze overnight at the Mega Khimki in Moscow’s northern suburb … [+] of Khimki. (Photo by Alexander NEMENOV / AFP) (Photo by ALEXANDER NEMENOV/AFP via...
How This New Shopping App Aims To Revolutionize The Local Retail Economy
New shopping app Arive brings local stores to your door in under two hours. Arive How do you balance convenience shopping with sustainability and support for the local retail economy? That was the pro...
The Fed is expected to raise rates once more before 2023. If you’re shopping for a new CD, you may want to hold off
With inflation still at an all-time high, consumers could see one more rate hike from the Fed before 2022 comes to an end. The Federal Open Market Committee holds eight regularly scheduled meetings du...
Homebuyers should heed old shopping adage as mortgage rates seesaw
Mortgage rates hit their highest level in 22 years last month before retreating for the last three weeks. Experts say homebuyers can use this volatility to their advantage — especially as more lenders...
TikTok Juggernaut Eyes Music, Shopping, Gaming Despite Threats Of U.S. Ban
There’s no time like the present for TikTok. Despite U.S. lawmakers’ threats to ban the Chinese-owned social media app, TikTok is brushing regulatory concerns aside and morphing into a glo...
Consumer Confidence Slips Into The Holiday Season
Getty Images Key takeaways Consumer confidence fell for the second consecutive month in November as high inflation dogs consumers entering the holiday season Though holiday spending is off to a strong...
Why investors may want to add retail ETFs to their cart
‘Tis the season for shopping — and maybe for some investors: ETFs. Despite consumer headwinds tied to the economic slowdown, Amplify ETFs’ Brian Giere sees opportunities in retail. “...
More people use ‘buy now, pay later’ for holiday shopping, but experts say that’s a double-edged sword
Online purchases using the BNPL rose by 13% year-on-year in November, according to Adobe Analytics. That figure does not take into account Thanksgiving or Black Friday spending. “In an uncertain econo...
New York’s Fifth Avenue World’s Most Expensive Shopping Street
Apple Fifth Avenue: Retailing on the most expensive street in the world. Photographer: Jeenah … [+] Moon/Bloomberg © 2022 Bloomberg Finance LP New York’s Fifth Avenue has reclaimed its position ...
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&...
Uquid merges with Polygon to enhance Web3 shopping
Uquid is the absolute undisputed pioneer in the field of using DeFi and Web3 through every aspect related to e-commerce. The entity, which now makes the formal declaration of having merged with Polygo...
Many Bed Bath & Beyond Shelves Empty For Holiday Shopping: Report
A recent study by DataWeave Inc. reveals that more than 40% of Bed Bath & Beyond‘s products were out of stock in October, which is close to twice the level in the first half of 2022. What Ha...
Shopping.io Integrates DINO LFG Enabling Dino for E-Commerce Shopping
Shopping.io announced its partnership with DINO LFG. DINO holders can now use their $DINO token for online purchases from major retailers like Amazon, eBay, Etsy, and Walmart. Shopping.io is known for...
Shopping.io integrates DINO LFG enabling $DINO for e-commerce shopping
Shopping.io is known for allowing holders to spend their crypto effortlessly on global eCommerce websites and offering international shipping to over 60 countries. Moreover, by joining Shopping.io’s ...
Goodwill helps bring thrifting into the mainstream with online store
Whether consumers are looking to save or are hunting for a buried treasure, the resale business is booming. During the Covid pandemic, secondhand stores such as eBay, the RealReal and ThredUp thrived ...
Target earnings miss by a mile amid ‘significant change in consumer shopping patterns’
This post has been updated with the latest stock movement. Target missed the bullseye by a wide margin in the third quarter as the discount retailer felt the brunt of a consumer spending slowdown in m...
Saks Fifth Avenue Survey Finds Shoppers Willing To Spend This Holiday Season
Saks Fifth Avenue customers are primed to spend money this holiday season. Courtesy of Saks Fifth Avenue Saks Fifth Avenue’s holiday gift guide shows a group of people dressed in evening attire and pa...
Travel has edge over shopping this holiday season amid inflation
Retailers have a new threat this holiday season: wanderlust. Americans are returning to the skies, filling hotels, swarming theme parks — and they’re showing a willingness to spend more of their...
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...
Affluent shoppers embrace secondhand shopping
Bargain hunting is certainly not new. But with the Covid pandemic came a surge in “thrifting,” or buying and selling pre-owned goods. At first, some families under financial pressure looke...
British Chancellor Jeremy Hunt Not Swayed By Damning Parliamentary Report On Tax-Free Shopping U-Turn
Treasury chief Jeremy Hunt seems unlikely to give tax-free shopping another chance in his Autumn … [+] Statement. (AP Photo/Frank Augstein, File) Copyright 2019 The Associated Press. All rights ...
Mobile Shopping Could Be Santa’s Special Helper This Year
Happy couple shopping online christmas presents with credit card getty Mobile phones and gaming apps could be a key way for retailers and brands to connect with shoppers this holiday season, according...