holidays

Target Lifts Guidance After Record Black Friday-Cyber Monday Sales
Target Lifts Guidance After Record Black Friday-Cyber Monday Sales
January 16, 2025  |  Retail

Record post-Thanksgiving sales have caused Target to raise its sales guidance. The retailer announced Thursday (Jan. 16) that it now anticipates an approximately 1.5% increase in fourth-quarter comparable sales...

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JPMorgan Reports Bounce in Credit and Debit Sales on ‘Healthy’ Consumer Spending
JPMorgan Reports Bounce in Credit and Debit Sales on ‘Healthy’ Consumer Spending
January 15, 2025  |  Earnings

J.P. Morgan Chase’s fourth-quarter earnings results showed continued momentum in consumer spending, with increased credit and debit card use. Consumers also drew down their deposit...

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Salesforce: 28% Uptick in Returns Could Dampen Record Holiday Spending
Salesforce: 28% Uptick in Returns Could Dampen Record Holiday Spending
January 06, 2025  |  Retail

Artificial intelligence (AI) helped holiday sales reach record levels this year, new Salesforce data shows. However, the company said in a report issued Monday (Jan....

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‘Returnuary’ Highlights the Brilliant and Bizarre of Holiday Retail Regret
‘Returnuary’ Highlights the Brilliant and Bizarre of Holiday Retail Regret
January 04, 2025  |  Retail

The holiday season is the golden quarter for eCommerce, where businesses pull out all the stops to maximize sales. Yet, as the festive glow dims...

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UK Retail Store Traffic Declined 2.5% During Holiday Shopping Season
UK Retail Store Traffic Declined 2.5% During Holiday Shopping Season
January 03, 2025  |  Retail

Fewer consumers visited retail stores in the United Kingdom during the holiday shopping season and the entire year of 2024. Compared to the previous year,...

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Retail Returns Have Reportedly Jumped 60% Since 2012
Retail Returns Have Reportedly Jumped 60% Since 2012
December 26, 2024  |  Retail

There’s good news and bad news for online retailers this year. The good is consumers are expected to spend almost $241 billion on eCommerce purchases...

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Mastercard: Holiday Shoppers Chase Value as Online Spending Jumps 6.7%
Mastercard: Holiday Shoppers Chase Value as Online Spending Jumps 6.7%
December 26, 2024  |  eCommerce

This year, the holiday shopping season belonged to digitally savvy consumers. New data from Mastercard showed that while total retail sales from Nov. 1 to...

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Visa: 77% of 2024 Holiday Spending Happened In-Store
Visa: 77% of 2024 Holiday Spending Happened In-Store
December 23, 2024  |  Payment Methods

Visa said it is seeing increasing consumer confidence this holiday season. The payments giant released preliminary insights into U.S. holiday buying that showed a 4.8%...

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Pre-Purchase Testing and Flexible Payments: Shaping the Future of Retail Transactions
Pre-Purchase Testing and Flexible Payments: Shaping the Future of Retail Transactions
December 23, 2024  |  Retail

As consumers rely more on online shopping, the importance of optimizing the payment process has never been more evident. With peak shopping periods like the...

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