As consumers finish up their holiday shopping for this year, retailers reportedly expect to see a lot of returns in January. On average, retailers expect this holiday shopping season’s return rate to be 17% higher than usual, CNBC reported Tuesday (Dec. 24), citing data from...
December’s dawn brings with it a flurry of retail spending. Gift giving is top of mind, to be sure, but consumers are also treating themselves along the way as promotions and discounts are the hallmark of events like Cyber Monday. And in the wake of...
America’s biggest retailers kicked off the holiday shopping season with record spending. However, the actual number of people shopping during the Thanksgiving-to-Cyber-Monday stretch declined slightly this year, according to data published Tuesday (Dec. 3) by the National Retail Federation (NRF). Still, the 197 million people who shopped this year...
Recent research shows that President-elect Donald Trump’s tariff proposals could cost American consumers. A report earlier this month from the National Retail Federation (NRF) showed that Americans could lose between $46 billion and $78 billion in spending power every year if the proposed levies on...
December 04, 2024
December’s dawn brings with it a flurry of retail spending. Gift giving is top of mind, to be sure, but consumers are also treating themselves along the way as promotions and discounts are the hallmark of events like Cyber Monday. And in the wake of all that spending comes a surge, too, in returns and […]
May 23, 2024
The Federal Reserve’s proposal to lower debit interchange fee caps has drawn a flurry of responses — roughly 2,500 responses, in fact — from trade organizations representing merchants and financial...
January 24, 2024
The debate over debit card interchange fees — and the cap on those fees — looks set to rage for at least a few more months. The Federal Reserve said in...
January 15, 2024
Last year, the National Retail Federation’s annual show put the spotlight on the return of physical retail and AI. This year, it’s all about checking out how these innovations are...
January 19, 2025
After a nearly $1 trillion holiday season, U.S. consumer spending shows no sign of slowing. The exact figure is $994 billion, according to recent findings from the National Retail Federation. And as the Financial Times (FT) reported Sunday (Jan. 19), earnings from America’s largest bank show heightened consumer spending as well. Consumers spent a total […]
December 24, 2024
As consumers finish up their holiday shopping for this year, retailers reportedly expect to see a lot of returns in January. On average, retailers expect this holiday shopping season’s return...
December 04, 2024
America’s biggest retailers kicked off the holiday shopping season with record spending. However, the actual number of people shopping during the Thanksgiving-to-Cyber-Monday stretch declined slightly this year, according to data published Tuesday...
November 24, 2024
Recent research shows that President-elect Donald Trump’s tariff proposals could cost American consumers. A report earlier this month from the National Retail Federation (NRF) showed that Americans could lose between...
