Before the start of the holiday shopping season, market research data suggested there would be generalized cost cutting across all spending categories and demographic groups. Consumers were expected to be stretching their budgets, but despite widespread inflation, Black Friday saw a spending surge. Now, data...
’Tis the season … … to puzzle out how to get everyone on your list, well, satisfied. Without breaking the bank. PYMNTS Intelligence data, headed into the holiday shopping frenzy — and well into it, as we are now, with less than a month till...
Retailers are reportedly expressing optimism for the holiday season sales following stronger-than-expected figures during Black Friday and Cyber Monday. The heavy discounts offered during these peak shopping days attracted budget-strained customers, leading to record-breaking online sales and surpassing estimates, Reuters reported Friday (Dec. 1). This positive start...
Despite economic uncertainty, consumers have been spending in the week after Thanksgiving to complete a portion of their holiday shopping and take advantage of the best deals. This year’s Black Friday online sales in the United States approached a record of almost $10 billion, representing...
December 05, 2023
’Tis the season … … to puzzle out how to get everyone on your list, well, satisfied. Without breaking the bank. PYMNTS Intelligence data, headed into the holiday shopping frenzy — and well into it, as we are now, with less than a month till the New Year — reveals the pressures and moving parts […]
November 29, 2023
The latest report from the Bureau of Economic Analysis, released on Wednesday (Nov. 29), noted the U.S. economy grew 5.2% annualized, as measured in the third quarter. That’s up from...
November 17, 2023
As Thanksgiving approaches, brands and retailers are pulling out all the stops to gobble up hesitant consumers’ inflated dollars, and Amazon and Walmart are no exception. However, this time, the...
December 06, 2022
Tight budgets are putting merchants in a bind this holiday season. Fifty-six million consumers across the United States say they are skipping holiday shopping entirely this year — even more...
December 11, 2023
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 released Monday (Dec. 11), showed retail sales making strong gains, the organization said in a news release. “November Retail Monitor data shows that consumers are embracing the holiday season and promotions […]
December 01, 2023
Retailers are reportedly expressing optimism for the holiday season sales following stronger-than-expected figures during Black Friday and Cyber Monday. The heavy discounts offered during these peak shopping days attracted budget-strained...
November 29, 2023
So far, this year’s holiday has been one of superlatives. Record online spending on Black Friday. Record Cyber Monday sales. The most people ever to shop during Thanksgiving weekend. But despite all this fanfare,...
November 28, 2023
The Thanksgiving holiday weekend saw a record-breaking number of consumers engaging in shopping. Over the five days from Thanksgiving Day through Cyber Monday, 200.4 million shoppers participated, surpassing last year’s...
