holidays

When Loyalty Programs Aren’t About the Spend
When Loyalty Programs Aren’t About the Spend
November 07, 2023  |  Retail

Loyalty programs have become a staple in the arsenal of brands and retailers striving to retain their customer base and attract new ones. These programs...

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Service Sector Slows: Sign of the Times as Consumers Shift Spending?
Service Sector Slows: Sign of the Times as Consumers Shift Spending?
November 03, 2023  |  Economy

The latest ISM Services PMI reading came in at 51.8 in October, down from a 53.6 reading in September. A reading above 50 notes expansion...

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Apple Stock Falls 3% After Forecast for Weak Holiday Quarter
Apple Stock Falls 3% After Forecast for Weak Holiday Quarter
November 03, 2023  |  Apple

Apple shares reportedly experienced a decline after the company issued a warning Thursday (Nov. 2) about a lackluster holiday quarter. The stock initially fell more than...

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NRF Expects Holiday Spending to Return to Pre-Pandemic Growth Rate
NRF Expects Holiday Spending to Return to Pre-Pandemic Growth Rate
November 02, 2023  |  Retail

The National Retail Federation (NRF) forecasts record spending during the upcoming holiday season. Holiday spending during November and December will grow between 3% and 4% over 2022,...

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Installment Plans Ease Holiday Financial Stress of Inflation
Installment Plans Ease Holiday Financial Stress of Inflation
November 02, 2023  |  Payment Methods

As consumers struggle with tight finances, particularly during the holiday season, access to installment plans like buy now, pay later (BNPL) has become a popular...

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Consumers Rethink Halloween Candy-Buying Strategies Due to Rising Prices
Consumers Rethink Halloween Candy-Buying Strategies Due to Rising Prices
October 27, 2023  |  Retail

The rising cost of candy has reportedly led consumers to rethink their Halloween plans. Candy and gum prices rose by 7.5% in September compared to...

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Return Fees Mean Lost Business for 1/3 of Companies
Return Fees Mean Lost Business for 1/3 of Companies
October 26, 2023  |  Retail

Online return fees appear to be both a blessing and a curse for retailers. While charging shoppers for sending back items has reduced returns, a report Thursday...

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Kohl’s Expands Storefront to Engage Shoppers in Holiday Purchases
Kohl’s Expands Storefront to Engage Shoppers in Holiday Purchases
October 23, 2023  |  Retail

As Amazon and Walmart engaged in a checkout showdown throughout October in the holiday shopping race, Kohl’s is looking to distinguish itself and ensure customer loyalty in the upcoming month.  To...

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Vacation Expenses Add to Consumers’ Financial Stress as Holidays Approach
Vacation Expenses Add to Consumers’ Financial Stress as Holidays Approach
October 20, 2023  |  BNPL

As the holiday season and festivities draw near, consumers, particularly those living paycheck to paycheck, are bracing themselves for the added financial stress that accompanies...

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