As consumer expectations change and digital technologies advance, the holiday shopping season itself is evolving. It’s going beyond its revenue-maximizing frenzy of deep discounts and promotional blitzes to become a strategic proving ground to test innovations, refine customer targeting, and cultivate loyalty in ways that...
Walmart says it is beginning its holiday shopping offerings earlier than ever. “This year, nearly 50% of consumers will start their holiday shopping as early as August and September, as people remain price-conscious and plan ahead to maximize their holiday budgets,” the retail giant said in...
There was a time last year when we heard luxury retailers say that the slowdown they were experiencing was a sign of “normalization,” but now they are warning that profits are continuing down. So, is this truly “normalization” or just inflation at its finest? Read...
The National Retail Federation (NRF) says the holiday shopping season got off to a strong start. The federation’s Retail Monitor, produced in tandem in CNBC and released Monday (Dec. 11), showed retail sales making strong gains, the organization said in a news release. “November Retail Monitor data...
December 06, 2022
Tight budgets are putting merchants in a bind this holiday season. Fifty-six million consumers across the United States say they are skipping holiday shopping entirely this year — even more than at the height of the pandemic in 2020 — and 19% of those who are shopping say that limited funds are forcing them to […]
December 12, 2017
Some things about holiday shopping trends will never change, Mastercard’s Sarah Quinlan told Karen Webster in their annual discussion of the trends to watch for the holiday season. Women in 2017 will do...
November 27, 2017
The pre-Black Friday narrative was not entirely sunshiny, with an evolving consensus that the day – though perhaps symbolically important to consumers – is no longer quite the bellwether for...
December 21, 2016
The impact of omnichannel across the retail ecosystem is significant, but the 2016 holiday season is shaping up to provide a clear picture of just how impactful the influence of...
December 20, 2024
While retail sales in Great Britain rose in November, analysts said the results were dampened by consumers waiting for bargains. Retail sales rose by 0.2% in November, marking the first increase since August, the Office for National Statistics (ONS) said in a Friday (Dec. 20) press release. This increase came after a 0.7% decline in October, according […]
September 19, 2024
Walmart says it is beginning its holiday shopping offerings earlier than ever. “This year, nearly 50% of consumers will start their holiday shopping as early as August and September, as people...
December 11, 2023
The National Retail Federation (NRF) says the holiday shopping season got off to a strong start. The federation’s Retail Monitor, produced in tandem in CNBC and released Monday (Dec. 11), showed...
February 12, 2020
With holiday sales skyrocketing from 2018 to 2019, Canada’s Shopify registered quarterly earnings that exceeded expectations. The eCommerce firm notched global sales of more than $2.9 billion from Black Friday...