PYMNTS-MonitorEdge-May-2024

holiday shopping

Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending
Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending
October 10, 2023  |  Consumer Finance

Accounting for nearly 20% of annual retail sales, the holiday season, which spans November and December, is a critical period for both merchants and consumers. ...

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Mobile Set to Overtake Desktop in $221 Billion Holiday Shopping Season
Mobile Set to Overtake Desktop in $221 Billion Holiday Shopping Season
October 05, 2023  |  eCommerce

This year’s holiday shopping season will belong to mobile sales and buy now, pay later. That’s according to Adobe, which on Thursday (Oct. 5) released...

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Wealthy Shoppers Swap Quiet Luxury for Festive Flair This Holiday 
Wealthy Shoppers Swap Quiet Luxury for Festive Flair This Holiday 
September 28, 2023  |  Retail

According to affluent shoppers, quiet luxury — understated refinement, subtlety, and minimalist elegance — is out. So what exactly does that mean for retailers, especially...

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Walmart vs. Amazon: The Battle of Big Deal Days
Walmart vs. Amazon: The Battle of Big Deal Days
September 18, 2023  |  Retail

On the same day Amazon announced its Prime Big Deal Days event in October, Walmart announced Monday (Sept. 18) its own shopping event, Walmart Deals...

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Amazon Gears Up for Prime Big Deal Days in October
Amazon Gears Up for Prime Big Deal Days in October
September 18, 2023  |  Retail

Amazon is gearing up for its first Prime Big Deal Days event, which will take place from Oct. 10 to Oct. 11. The 48-hour event...

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Retailers Scale Back Holiday Hiring as Consumers Grow Uneasy
Retailers Scale Back Holiday Hiring as Consumers Grow Uneasy
September 17, 2023  |  Retail

American retailers are set to hire the lowest level of seasonal holiday workers in 15 years. That’s according to an article Friday (Sept. 15) by Reuters,...

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Report: TikTok Takes on Amazon and Walmart With Holiday Discounts
Report: TikTok Takes on Amazon and Walmart With Holiday Discounts
September 17, 2023  |  eCommerce

TikTok is reportedly preparing to roll out heavy holiday discounts starting next month. A report Saturday (Sept. 16) by Bloomberg News, citing internal documents, said the social...

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Holiday ‘Sales Creep’ May Burden Inventory-Laden Retailers
Holiday ‘Sales Creep’ May Burden Inventory-Laden Retailers
August 22, 2023  |  Retail

Right now, the headlines and news stories detailing the deluge of holiday merchandise on retailers’ shelves are a bit whimsical. Christmas is here, is the...

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27% of US Consumers Pulled Money From Savings to Manage Credit Card Debt
27% of US Consumers Pulled Money From Savings to Manage Credit Card Debt
February 28, 2023  |  Consumer Finance

Rising prices continue to affect consumers’ purchasing power, making it more difficult for those in all income levels to live within their means, put aside...

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