News
Consumers adjusting shopping but spend should be on par with 2021
November 23, 2022
While finances and inflation are top concerns for holiday shoppers, prompting 93% to adjust gift shopping, overall spend on gifts is expected to remain on par…
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Amazon laying off thousands of employees starting this month
November 22, 2022
Amazon is reportedly cutting 10,000 jobs starting this month which will focus on the retail division, devices unit and human resources.
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Black Friday tops for shopping
November 22, 2022
Black Friday will beat out Small Business Saturday and Cyber Monday when it comes to consumer activity as 57% of those polled by Jungle Scout will shop Black…
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Inflation impacting Thanksgiving shopping
November 22, 2022
A hefty number of U.S. consumers, 87%, report inflation will impact Thanksgiving shopping with more than half, 58%, describing the impact as moderate or…
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Inflation impacting Thanksgiving holiday plans, spend
November 21, 2022
Just 26% of Americans will be hosting Thanksgiving this year, the lowest point in four years. It reflects a 45% dip from 2021 and a 37% drop from 2020.
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Mastercard data predicts 15% retail sales growth on big sale day
November 21, 2022
Black Friday will be a bountiful sales day for retailers if a Mastercard SpendingPulse study projection hits the mark.
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Increasing food costs driving retail consumers to spend less
November 21, 2022
The cost of living, from food costs to credit card bills, is playing a role in what consumers are doing when it comes to spending, according to a report from…
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POS playing stronger role in consumer tipping
November 18, 2022
Nearly half of consumers, 45%, report tipping more due to business requests during the checkout process and over a half of U.S. consumers say they feel…
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Home Depot beats analysts predictions in Q3
November 18, 2022
Home improvement retailer The Home Depot reported nearly a 6% spike in revenue for Q3, hitting $38.87 billion, and besting analyst expectations of $37.…
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Kentucky is really, really big on Black Friday
November 18, 2022
The most obsessed state when it comes to Black Friday is Kentucky, followed by West Virginia and Arkansas, respectively. Alabama lands in fourth place.
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Twitter isn’t just for the super young consumer
November 18, 2022
When it comes to Twitter activity, more than one in five U.S. consumers, 22.9%, are using the social media platform, according to statistics from Numerator.
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Retail sales up in October
November 17, 2022
Despite a flurry of reports that consumers are cutting back on spending as the holiday season arrives, retail sales in October rose 1.3% with consumers…
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Inflation spurring consumers to make tough holiday spend decisions
November 17, 2022
Consumers plan to keep budgets tight while shopping this holiday season, and 61% plan to keep the budget restricted if the current inflation economics continue.
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Milwaukee arena launches Amazon Just Walk Out experience
November 17, 2022
The Fiserv Forum in Milwaukee, Wisconsin is now home to Amazon's Just Walk Out cashierless payment technology at a new store called The Market by Michelor…
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Luxury consumers not cutting back this holiday season
November 15, 2022
A majority of luxury consumers, 76%, plan to spend the same, or more, during this year's holiday season.
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Consumers getting creative for holiday funding needs
November 15, 2022
Consumers are willing to give up streaming services and eating out, sell possession and take on another job in order to buy holiday gifts this year.
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DSW taps Cobblers Direct on nationwide shoe repair services
November 14, 2022
DSW Designer Shoe Warehouse is teaming up with Cobblers Direct, the online spinoff of The Shoe Hospitals, to offer high quality shoe repair services in all…
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Amazon debuts Amazon One at 2 Whole Foods stores in Dallas
November 14, 2022
Two Whole Foods Market stores in Dallas are the first in the state to utilize Amazon One, Amazon's palm recognition payment technology.
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Kohl’s chief to lead Levi Strauss
November 14, 2022
Kohl's top chief, Michelle Gass, is leaving the role come December.
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Consumers heading online Black Friday, Cyber Monday
November 11, 2022
A big number, 71%, of U.S. consumers plan to shop online this upcoming Black Friday and Cyber Monday and 40% of those shoppers will spend more on those days…
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