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holiday shopping

U.S. retail sales grew 8.5% this holiday season

U.S. retail sales grew 8.5% this holiday season

PURCHASE, N.Y. — Retail sales (excluding automotive) increased 8.5% year-over-year this holiday season, according to Mastercard SpendingPulse. Online sales grew 11.0% compared to the same period last year, the preliminary insights show. Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, defines the holiday season as running from November 1

Holiday shopping starts early

WASHINGTON — Nearly 180 million Americans shopped during the five-day period from Thanksgiving Day through Cyber Monday, according to by the National Retail Federation (NRF) and Prosper Insights & Analytics. In total, 179.8 million unique shoppers made in-store and online purchases during the holiday weekend, exceeding NRF’s initial expectations by over 21 million. The figure

Deloitte forecasts strong Black Friday sales

Deloitte forecasts strong Black Friday sales

NEW YORK — Black Friday will be back this year, according to Deloitte’s “2021 Pre-Thanksgiving Pulse Survey,” released on Monday. The survey found that 56% of consumers are planning to shop in-store on Black Friday, up from 41% last year. The share of online sales for the day is holding steady at 18%. Black Friday

Early holiday shopping boosts October retail sales

Early holiday shopping boosts October retail sales

WASHINGTON – Early holiday shopping helped boost retail sales in October, the National Retail Federation said on Tuesday. “Retail sales data for October reflects the enduring strength of consumers’ finances and willingness to spend as the holiday season gets underway,” NRF President and CEO Matthew Shay said. “The robust balance sheets of American households are being

Deloitte: Holiday season to offer challenges

Deloitte: Holiday season to offer challenges

NEW YORK — As COVID-19 is set to impact yet another holiday season, a return to some pre-pandemic spending levels is expected to bring holiday cheer. For 36 years, Deloitte has been examining consumer behavior and sentiment ahead of retail’s crucial holiday shopping season. To gain additional perspective on the changing landscape, supply chain challenges and inflation,

Multiple forecasts project a strong holiday season for retailers

NEW YORK — This year’s holiday season should be a happy one for retailers, with a number of forecasts pointing to strong sales gains. Deloitte’s annual holiday retail forecast found that retail sales during the November to January period are likely to increase between 7% and 9%, totaling $1.28 trillion to $1.3 trillion. Deloitte also

Mastercard: Holiday retail sales to grow 2.4%

Mastercard: Holiday retail sales to grow 2.4%

PURCHASE, N.Y. — Retailers and shoppers have gotten an early start on this year’s holiday shopping season, and that should help lift overall sales. During this newly expanded holiday season, running from October 11 through December 24, Mastercard SpendingPulse is forecasting a 2.4% increase in U.S. retail sales (excluding automotive and gas) compared to the

NPD Group: Free shipping key for holiday shoppers

NPD Group: Free shipping key for holiday shoppers

PORT WASHINGTON, N.Y. – Consumers are always looking for deals, but a study from NPD Group suggests that free shipping is what shoppers most desire this holiday season. NPD’s annual holiday purchase intentions study found that this year, free shipping, for the first time, was identified as the No. 1 factor that will determine where

Target adds safety measures for holiday shopping

Target adds safety measures for holiday shopping

MINNEAPOLIS — Target Corp. is rolling out new safety measures for the holiday shopping season, the company said on Thursday. “Year over year, the investments we’ve made in our business and team have made Target the easiest place to shop in America.” Target CEO Brian Cornell said in a statement. ” As we’ve navigated the