Holiday Shopping

Adobe: Online Holiday Sales Reached Record $222 Billion in 2023
Adobe: Online Holiday Sales Reached Record $222 Billion in 2023
January 04, 2024  |  Retail

Online sales reached a new record in 2023, thanks in part to buy now, pay later options. New data from Adobe, released Thursday (Jan. 4) showed...

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Retailers Wrestle With ‘Trillion Dollar Problem’ of Returns
Retailers Wrestle With ‘Trillion Dollar Problem’ of Returns
December 26, 2023  |  Retail

The holiday shopping season has come to a close. The holiday returns season has just begun, and if past years are any indication, consumers could be...

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Holiday Online Retail Sales Jump 6.3% Amid ‘Deliberate’ Spending
Holiday Online Retail Sales Jump 6.3% Amid ‘Deliberate’ Spending
December 26, 2023  |  Retail

American consumers upped their holiday spending this year, doing a lot of that spending online. That’s according to preliminary results from Mastercard’s SpendingPulse released Tuesday (Dec....

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Retailers Offer Fewer Discounts as Consumers Seek Last-Minute Gifts
Retailers Offer Fewer Discounts as Consumers Seek Last-Minute Gifts
December 22, 2023  |  Retail

As the holiday season approaches, last-minute shoppers are reportedly finding that major retailers are offering smaller discounts and fewer markdowns on their products. The reduction...

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72% of Consumers Plan to Shop With Small Businesses This Holiday Season
72% of Consumers Plan to Shop With Small Businesses This Holiday Season
December 21, 2023  |  Digital Payments

Surpassing all expectations, consumers turned up in record numbers for this year’s Black Friday weekend, the traditional kickoff to the holiday shopping season in the...

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BNPL Holiday ‘Hangover’ Worries May Prove to Be Tempest in Teapot
BNPL Holiday ‘Hangover’ Worries May Prove to Be Tempest in Teapot
December 20, 2023  |  BNPL

First comes the holiday spending. Then comes the holiday spending hangover — the credit crunch that leaves consumers scrambling to meet, if they can, the...

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National Retail Federation Reports Higher Sales as Holiday Season Kicks Off
National Retail Federation Reports Higher Sales as Holiday Season Kicks Off
December 11, 2023  |  Retail

The National Retail Federation (NRF) says the holiday shopping season got off to a strong start. The federation’s Retail Monitor, produced in tandem in CNBC and...

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Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
December 08, 2023  |  Consumer Finance

Higher rates are proving to be headwind to borrowing, per the Federal Reserve’s latest stats. But growth is still growth and consumers are still tapping...

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Walmart CEO: Next Year’s Spending Patterns Tough to Forecast
Walmart CEO: Next Year’s Spending Patterns Tough to Forecast
December 06, 2023  |  Retail

Walmart’s CEO says it’s difficult to project what the retailer’s post-holiday sales will look like. Speaking with CNBC Wednesday (Dec. 6), Doug McMillon said that higher credit...

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