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The holiday season is a beautiful time involving merrymaking, sharing, and, we must all agree, spending sprees! The process can be stressful and expensive, from gift lists to grabbing a great offer on hot products during the holiday. But don’t worry! Shopping doesn’t have to equal stress, there are ways and means of making it…
The California Highway Patrol is increasing its operations to help curb organized retail crime under a new order from the state’s governor, Gavin Newsom. “When criminals run out of stores with stolen goods, they need to be arrested and escorted directly into jail cells,” Newsom wrote in a statement announcing the effort. “Leveraging hundreds of…
“Consumer prices rose 7.1% in November as Fed rate hike looms” Inflation cooled slightly in November from its decades-high level of previous months, though weary American households still face financial pressure from high prices and rising interest rates during the holiday season. The November reading of the Consumer Price Index, a closely watched measure of…
“Amazon records biggest ever Thanksgiving shopping weekend” Amazon said on Wednesday it recorded its biggest ever Thanksgiving weekend this year as shoppers, undeterred by inflation, scooped up everything from New Balance sneakers to Nintendo Switch gaming consoles. Fire TV Sticks, AirPods and Champion clothing were among the top-selling items, Amazon said. Amazon delivery vans being loaded with…
“Cyber Monday sales hit $11B as toys, electronics snapped up” Discount-hunting shoppers snapped up Pokemon cards, TVs and air fryers on Cyber Monday, pushing sales to $11.3 billion — making it the biggest US online shopping day in history, according to data from Adobe Analytics. Sales, not adjusted for inflation, rose 5.8% from a year ago, per…
“Black Friday shoppers back to stores, set record online” Shoppers returned to stores on Black Friday, with a strong increase in brick-and-mortar foot traffic and record online shopping that shows consumers have altered their approach the busiest spending season. In person visits to stores edged up 2.9% on Black Friday compared to last year despite…
“Shoppers financing holiday gifts as inflation hits budgets” More holiday shoppers are putting off paying their bills with buy-now-pay-later apps, even financing lower-priced goods, according to new data on Thanksgiving spending. Spending on such apps rose 1.3% on Thanksgiving, according to Adobe, while the average order value for purchases made with the apps declined 6%,…
“Black Friday shopping gets slow start as inflation soars” This Black Friday, inflation is weighing on shoppers heavier than last night’s turkey. In Chesterfield, Missouri, on Thursday evening, there were no customers lined up behind the barricades set up outside the Best Buy in anticipation of lines for doorbuster deals. “I see nothing. I’m surprised,”…
“Retailers add cameras, steel cables to deter holiday crime” Retailers ranging from Walmart to Barnes & Noble are installing cameras or locking away items to deter shoplifters and thieves as they brace for a post-pandemic rush of holiday shoppers this year. Some, including Walmart, J.C. Penney, Apple and Walgreens, put in place new surveillance systems or more security…
“#Apple reopens NYC stores to ‘limited’ shoppers after backlash” Apple has started allowing some customers back into its New York City stores — just hours after the tech giant had banned all in-person shoppers, sparking a backlash online. The iPhone maker’s Big Apple stores — including its Fifth Avenue, SoHo and World Trade Center flagships…