What’s in store for retailers and other consumer products companies this holiday shopping season? We explore in our holiday season countdown series. … READ MORE >
holiday shopping
Chart of the day: Strong back-to-school retail sales may signal positive holiday season
In what retailers hope is a preview of the holiday shopping season, retail sales from the critical back-to-school month of August increased by 0.7% on the month. … READ MORE >
The changing holiday shopping season
For many retailers, the recent holiday shopping season was unlike any other as they contended with the disruption of the pandemic and its effect on consumer behavior. The result was a more extended holiday shopping season this year by design. … READ MORE >
CHART OF THE DAY: Holiday sales off to a sluggish start
The holiday shopping season was off to a sluggish start in November as retail sales fell 1.1% compared to October, the Commerce Department reported on Wednesday. It was the biggest drop in seven months and well below analysts’ estimates of a modest gain. … READ MORE >
CHART OF THE DAY: A shifting holiday spending calendar
The pulling forward of Amazon Prime days to mid-October may have something to do with the changing expectations around spending, inventories and advertising ahead of the holiday season. … READ MORE >
Holiday sales to limp forward as pandemic weighs on economy
Holiday spending is likely to advance at a tepid 0.5% pace as households still reeling from the pandemic pull back on traditional and experiential holiday outlays. … READ MORE >
CHART OF THE DAY: Consumer confidence bounces back
The Conference Board reported Tuesday that its consumer confidence index rose to 101.8 — a jump from 86.3 in August — and surpassed analysts’ forecasts of a slight increase. … READ MORE >