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Adidas launches investigation into Ye conduct claims

Adidas said it is investigating accusations made by staff relating to the conduct of the musician Ye during his partnership with the German sportswear brand and the response of senior company figures. The company said in a statement late Thursday: “It is currently not clear whether...

Black Friday means deep discounts for shoppers — and intense pressure for retailers

Major retailers are under intense pressure to deliver on Black Friday after several of them reported a slowdown in sales heading into the do-or-die holiday shopping season. Macy’s, Target, Kohl’s, Gap and Nordstrom spoke about a lull in sales in late October and early November. Target cut its holiday-quarter outlook and Kohl’s pulled its...

The ‘gold standard’ for holiday purchases has ‘a huge drawback,’ analyst says — but it may still be the best way to pay on...

More Americans are struggling financially just as the peak shopping season kicks into high gear. Yet shoppers will still shell out $1,455, on average, on holiday gifts — in line with last year, according to a recent report.  Aside from how much you spend, which payment method...

Deloitte: Shoppers to spend an average of $500 during Black Friday week

Dive Brief: Despite overall inflation concerns, a Deloitte survey of 1,200 adults found that consumers will spend $500 on average during the week of Black Friday and Cyber Monday, a 12% bump from 2021. Just under half (48%) of shoppers are planning to use credit cards...

UK Black Friday off to muted start amid cost of living crisis

Number of shoppers on high streets up on last year but demand for home deliveries down 5%, say analysts Black Friday got off to a muted start in the UK, with the number of home deliveries booked down by about 5% and no surge on...

Black Friday is here, inflation included

NEW YORK (AP) — Shoppers returned to familiar holiday shopping patterns but were weighed down by inflation this Black Friday after two seasons marked by pandemic worries and supply issues. Due to elevated prices for food, rent, gasoline and other household costs, many were reluctant to...