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...
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...
As the restaurant industry battles inflation, the large size of chains and their access to cash gives them the upper hand, but independents have advantages of their own when managing higher costs.
Feeling the pressure on their budgets, consumers have been cutting back on their...
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...
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...
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...