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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...

Inflation forces mom and pop restaurants and big chains to lean on their unique strengths

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...

Fashion brands boycott Black Friday discounting

While some reports are forecasting retail sales will hit 8.71 billion pounds over Black Friday weekend as consumers shop early for Christmas, several fashion brands are boycotting this year’s discounting event in favour of championing sustainability, resale, and charity. Black Friday officially takes place on...

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...