American retailers had a happy holiday, according to new National Retail Federation (NRF) data. Retail sales — excluding automobiles and gasoline — rose 0.44% seasonally adjusted month over month and up 3.07% unadjusted year over year in December, according to the federation’s Retail Monitor figures released Wednesday (Jan....
The 2023 holiday shopping season provided little reprieve from rising prices, and United States consumers sought ways to manage spending. This made card-linked offers especially attractive to budget-conscious shoppers. In fact, discounts and rewards were key drivers of consumer interest in and use of these...
Amazon reportedly saw its investment in faster delivery bear fruit just before Christmas. In the two weeks leading up to the holiday, the tech giant garnered 29% of global volume of online orders, Bloomberg News reported Thursday (Jan. 4), citing data on 55 million orders from...
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 that American consumers spent $222.1 billion between Nov. 1 and Dec. 31 last year, a 4.9% increase over 2022. More than half...
January 19, 2024
Headed into the new year, consumers are confident about the economy, and about overall trends in inflation. As reported by the University of Michigan’s survey of consumer sentiment, the latest reading came in a 78.8 for the month of January, which represents a 13% jump over December’s levels, and 21% higher than a year ago. As […]
December 21, 2023
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 United States. The five-day weekend,...
November 28, 2023
Whether a retailer rang up a sales symphony or lagged behind this quarter, they all evaluated a common make-or-break factor: the significance of delivering value to the customer. And if...
November 23, 2023
Amid the festive cheer, the holiday season is also accompanied by economic uncertainties and inflationary pressures. Consequently, numerous consumers in the United States are gearing up to reduce their spending...
January 10, 2024
American retailers had a happy holiday, according to new National Retail Federation (NRF) data. Retail sales — excluding automobiles and gasoline — rose 0.44% seasonally adjusted month over month and up 3.07% unadjusted year over year in December, according to the federation’s Retail Monitor figures released Wednesday (Jan. 10). Those numbers follow a November in which sales rose […]
January 04, 2024
Amazon reportedly saw its investment in faster delivery bear fruit just before Christmas. In the two weeks leading up to the holiday, the tech giant garnered 29% of global volume of...
January 04, 2024
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 that American consumers spent $222.1...
December 26, 2023
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 set to send back a...
