holidays

Fed’s Beige Book Says Holiday Spending Met or Exceeded Expectations
Fed’s Beige Book Says Holiday Spending Met or Exceeded Expectations
January 17, 2024  |  Economy

Economic activity in the United States remained relatively stable from mid-November through December.  While a majority of the 12 Federal Reserve Districts reported little or...

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Retail Federation Says Consumers Kept Spending in December
Retail Federation Says Consumers Kept Spending in December
January 10, 2024  |  Retail

American retailers had a happy holiday, according to new National Retail Federation (NRF) data. Retail sales — excluding automobiles and gasoline — rose 0.44% seasonally adjusted month over...

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Amazon Grabs 29% of Online Orders Ahead of Christmas
Amazon Grabs 29% of Online Orders Ahead of Christmas
January 04, 2024  |  Retail

Amazon reportedly saw its investment in faster delivery bear fruit just before Christmas. In the two weeks leading up to the holiday, the tech giant garnered...

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Adobe: Online Holiday Sales Reached Record $222 Billion in 2023
Adobe: Online Holiday Sales Reached Record $222 Billion in 2023
January 04, 2024  |  Retail

Online sales reached a new record in 2023, thanks in part to buy now, pay later options. New data from Adobe, released Thursday (Jan. 4) showed...

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Consumers Failed to Cut Back on Restaurant Dining Over the Holidays
Consumers Failed to Cut Back on Restaurant Dining Over the Holidays
December 29, 2023  |  Consumer Insights

Consumers may have meant to tighten their belts when it came to restaurant spending over the holidays, but the data reveals that the opposite happened,...

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Merchants Not Offering Pay-Later Plans May Miss on End of Holiday Sales
Merchants Not Offering Pay-Later Plans May Miss on End of Holiday Sales
December 29, 2023  |  Retail

As the year comes to an end, most consumers have completed their holiday shopping, although there were still stragglers and undecided shoppers deep into December....

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Retailers Offer Fewer Discounts as Consumers Seek Last-Minute Gifts
Retailers Offer Fewer Discounts as Consumers Seek Last-Minute Gifts
December 22, 2023  |  Retail

As the holiday season approaches, last-minute shoppers are reportedly finding that major retailers are offering smaller discounts and fewer markdowns on their products. The reduction...

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Weekly Jobless Claims Rise Less Than Economists Expected 
Weekly Jobless Claims Rise Less Than Economists Expected 
December 21, 2023  |  Economy

The number of initial claims for unemployment insurance rose by 2,000 during the week ended Dec. 16.  There were 205,000 initial claims filed that week,...

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BNPL Holiday ‘Hangover’ Worries May Prove to Be Tempest in Teapot
BNPL Holiday ‘Hangover’ Worries May Prove to Be Tempest in Teapot
December 20, 2023  |  BNPL

First comes the holiday spending. Then comes the holiday spending hangover — the credit crunch that leaves consumers scrambling to meet, if they can, the...

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