holiday shopping

Kohl’s, Simon Property and Klarna Sprinkle AI Magic to Boost Holiday Spend 
Kohl’s, Simon Property and Klarna Sprinkle AI Magic to Boost Holiday Spend 
November 21, 2023  |  Retail

The addition of artificial intelligence (AI) is proving to be a holiday miracle for brands, retailers and even payment providers, reshaping the way they connect...

READ MORE >
Study Finds Non-Gift Holiday Spending to Drop 26% as Consumers Trim Budgets
Study Finds Non-Gift Holiday Spending to Drop 26% as Consumers Trim Budgets
November 21, 2023  |  Retail

The average holiday shopper anticipates spending roughly $860 this year on non-gift holiday purchases such as live entertainment or retail products for personal use —...

READ MORE >
4 in 10 Consumers Plan to Tap Into Savings to Cover Holiday Expenses
4 in 10 Consumers Plan to Tap Into Savings to Cover Holiday Expenses
November 20, 2023  |  Consumer Finance

One month before the start of the holiday season, 60% of consumers lived paycheck to paycheck. Nineteen percent struggle to pay their monthly bills. These...

READ MORE >
Retailers Rethink Promotions Ahead of Shopping’s ‘Super Bowl’
Retailers Rethink Promotions Ahead of Shopping’s ‘Super Bowl’
November 19, 2023  |  Retail

Some retailers are reportedly reexamining their promotional strategies to stave off a muted holiday season. “It’s our Super Bowl,” Tapestry finance chief Scott Roe said of the holiday shopping...

READ MORE >
Price Hikes No Longer ‘Badge of Honor’ in Cooling Economy
Price Hikes No Longer ‘Badge of Honor’ in Cooling Economy
November 16, 2023  |  Retail

Prices are finally coming down at many retailers. Consumers still may not feel relieved. A report Thursday (Nov. 16) by The Wall Street Journal (WSJ)...

READ MORE >
Amazon Offers Pre-Holiday Benefits for Buy With Prime Shoppers
Amazon Offers Pre-Holiday Benefits for Buy With Prime Shoppers
November 14, 2023  |  Amazon

Amazon is offering added benefits for Prime members using its Buy With Prime service. The retail giant announced Tuesday (Nov. 14) that customers can now track Buy...

READ MORE >
Report: Two-Thirds of Retailers Have Excess Inventory as Holidays Approach
Report: Two-Thirds of Retailers Have Excess Inventory as Holidays Approach
November 13, 2023  |  Retail

American retailers could be saddled with a glut of inventory for the holiday shopping season. With that in mind, chains could see their profit margins...

READ MORE >
Google Intros Holiday Shopping Tools as Consumers Seek Deals
Google Intros Holiday Shopping Tools as Consumers Seek Deals
November 07, 2023  |  Google

Google has introduced new search tools designed to help shoppers find holiday deals. The tech giant announced Tuesday (Nov. 7) that it was rolling out...

READ MORE >
Service Sector Slows: Sign of the Times as Consumers Shift Spending?
Service Sector Slows: Sign of the Times as Consumers Shift Spending?
November 03, 2023  |  Economy

The latest ISM Services PMI reading came in at 51.8 in October, down from a 53.6 reading in September. A reading above 50 notes expansion...

READ MORE >