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Holiday shopping

CEO of firm behind Kay Jewelers and Zales says anticipating early holiday shoppers paid off

Daisy Dec 3, 2021

Signet Jewelers — which owns Kay Jewelers, Zales, Jared and other brands — anticipated that holiday customers would shop early this year and it paid off, CEO Gina Drosos told CNBC on Thursday."We predicted months ago that customers would be…

Health

Concerns over omicron could shift spending away from experiences, retail trade group says

Rose Dec 1, 2021

A person with a hand full of shopping bags walks by as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky, November 26, 2021.Jon Cherry | ReutersAs Americans bought gifts during the peak Thanksgiving…

Technology

Cyber Monday online sales drop 1.4% from last year to $10.7 billion, falling for the first time ever

Daisy Nov 30, 2021

Amazon.com Inc. packages sit in front of a FedEx Corp. delivery truck in New York.Christopher Lee | Bloomberg | Getty ImagesConsumers logged online Monday and spent $10.7 billion, marking a 1.4% decrease from year-ago levels, according to…

Business

How warehouses are taking over the U.S.

Jessica Nov 30, 2021

For every Cyber Monday purchase, there is a warehouse employee packing up those soon-to-be presents.The big online shopping holiday comes amid a warehouse shortage across the United States as distribution center vacancy rates are at…

Technology

More than half of shoppers are going into debt this holiday season, study finds

Daisy Nov 30, 2021

Americans are spending a little less this holiday season — but still more than they can afford.Total spending on Black Friday, both in stores and online, fell slightly from a year ago — the first decline on record — in part because holiday…

Fashion

Your Guide to Giving Black-Owned Brands at Every Price Point

Emily Ross Nov 28, 2021

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Technology

Black Friday shopping in stores drops 28% from pre-pandemic levels as shoppers spread spending…

Daisy Nov 28, 2021

Shoppers with bags from various stores stand next to each other as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky, November 26, 2021.Jon Cherry | ReutersTraffic at retail stores on Black Friday…

Technology

Small Business Saturday holiday shopping is back, and maybe changed forever

Daisy Nov 27, 2021

Sign on glass reading Thank You For Supporting This Local Business in a bakery in Walnut Creek, California, September 15, 2021. Photo courtesy Sftm. (Photo by Gado/Getty Images)Gado | Archive Photos | Getty ImagesOver one-third of Americans…

Business

Reusable gift wrap, homemade gifts: Sustainability is on the wish list this holiday season

Jessica Nov 27, 2021

SustainAble Home Goods sells a selection of eco-conscious products online and also offers cloth wrapping that can be reused.Source: SustainAble Home GoodsSome children might be waking up on Christmas morning to find more homemade gifts and…

Technology

Sticker shock over holidays could shake up how retailers, consumers think about sales

Daisy Nov 27, 2021

Shoppers looking at Macy's Black Friday specials in Maumee, Ohio, November 27, 2020.Stephen Zenner | SOPA Images | LightRocket | Getty ImagesKeith Fitzgerald has gone to extreme lengths this holiday season to make sure he gets the perfect…

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