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Deck The Malls – Holiday Shoppers Are Back At Brick-And-Mortar Shops

Cue the holiday music, place Santa on his garland-adorned perch and commence expanded holiday hours. People are ready to shop in stores. JLL’s recent Retail Holiday Survey sent to 1,080 U.S. consumers revealed that 63% of respondents plan to walk the store floor to do at...

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...

Black Friday online sales top $9 billion in new record

Consumers spent a record $9.12 billion online shopping during Black Friday this year, according to Adobe, which tracks sales on retailers’ websites. Overall online sales for the day after Thanksgiving were up 2.3% year over year, and electronics were a major contributor, as online sales...

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...