Amazon said Monday that next month it will hold a second Prime Day-like shopping event, making it the latest major retailer to offer holiday deals earlier this year to entice cautious consumers struggling with tighter budgets.
NEW YORK (AP) —
Walmart and Target plan to begin offering deals and price matching offers earlier this year to keep up with Americans pressed by soaring inflation and looking for ways to ease the potential sting of holiday shopping.
NEW YORK (AP) — Walmart is taking a cautious approach to the holiday shopping season, announcing it will hire 40,000 U.S. workers for the holidays, a majority of them seasonal workers.
The move, announced Wednesday, comes as the nation's largest retailer and largest private employer said it's in a stronger staffing position heading into the holidays than last year and is now focusing on hiring only seasonal workers, rather than permanent workers.
NEW YORK (AP) — Target is canceling orders from suppliers, particularly for home goods and clothing, and it's slashing prices further to clear out amassed inventory ahead of the critical fall and holiday shopping seasons.
WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a solid pace, the government reported Thursday in a slight downgrade of its previous estimate for the January-March quarter.
SAN RAMON, Calif. (AP) — Google’s digital advertising empire turned in another strong performance during the holiday shopping season, propelling a 36% increase in its corporate parent’s profit during the final three months of 2021.
NEW YORK (AP) — Americans overlooked shortages, spiking prices and uncertainty over the omicron variant to break spending records during the critical holiday shopping season. But figures released Friday show that after spending robustly early in the holiday season, consumers sharply slowed their purchases from November to December.
Stocks ended another wobbly day mostly higher, enough for the S&P 500 to notch another record high.
Retailers and companies reliant on consumer spending were among the better performers coming off the Christmas holiday shopping season.
WASHINGTON (AP) — U.S. consumer prices rose 5.7% over the past year, the fastest pace in 39 years, as a surge in inflation confronts Americans with the holiday shopping season under way.
The November increase, reported Thursday by the Commerce Department, followed a 5.1% rise for the 12 months ending in October, continuing a string of annual price gains that have run well above the 2% inflation target set by the Federal Reserve.
NEW YORK (AP) — After a wearying nearly two years of the pandemic, independent retailers are cautiously hoping their holiday seasons will be bright, despite the challenges this year ranging from supply chain snags to shortages of hot holiday items.
Maybe Baker Mayfield needed to follow the lead of Kareem Jackson.
The Cleveland quarterback attended an event at a Boys & Girls Club, now has tested positive for COVID-19, and the youth organization had needed to take extra precautions.
NEW YORK (AP) — Americans slowed their spending from October to November but continued shopping ahead of the critical holiday season, brushing off rising prices and shortages.
Retail sales rose a modest, seasonally adjusted 0.3% in November compared with the previous month when sales jumped 1.8%, the U.S.
Supply chain snags. Sold-out merchandise. Empty shelves. Hefty shipping fees. Inflation. There are plenty of complications working against you this holiday shopping season.
And despite warnings to shop early because of pandemic-related delays, some of us didn’t prioritize holiday shopping in October and November.
NEW YORK (AP) — Like many shoppers, Kathleen Webber understands the struggles of getting the right gifts for her three children this holiday shopping season amid widespread shortages.
She promised to buy her 23-year-old son the Sony Corp.
NEW YORK (AP) — Americans are spending freely and going back to store shopping, knocking out some of the momentum in online sales from last year when Americans were making many of their purchases exclusively via the internet.
OXNARD, Calif. (AP) — Officials are using a California naval base to help alleviate congestion at Los Angeles County ports in time for holiday shopping.
The Ventura County Star reports Sunday that the Port of Hueneme has an agreement with Naval Base Ventura County to use a wharf, two buildings and land inside the base.
Climate activists blockaded Amazon warehouses in three European countries on Friday, part of a global effort to pressure the ecommerce giant on one of its busiest days of the year to improve working conditions and end business practices that hurt the environment.
Holiday season moves into high gear but challenges remain
NEW YORK (AP) — Shoppers buoyed by solid hiring, healthy pay gains and substantial savings are returning to stores and splurging on all types of items.
TOPEKA, Kan. (AP) — All 28 state parks in Kansas will be free to visit on Black Friday.
The Kansas City Star reports that entrance fees will be waived for all visitors, including guests from out of town.
SAN FRANCISCO (AP) — Groups of thieves, some carrying crowbars and hammers, smashed glass cases and window displays and ransacked high-end stores throughout the San Francisco Bay Area, stealing jewelry, sunglasses, suitcases and other merchandise before fleeing in waiting cars during a weekend of brazen organized theft that shocked holiday shoppers and prompted concerns about the busy retail season.
NEW YORK (AP) — Department store chains Macy's and Kohl's delivered strong results for the fiscal third quarter as shoppers go back to buying dresses and other goods that fell to the bottom of the shopping list when the pandemic struck.
BOSTON (AP) — Toys with tiny accessories children can choke on, wheeled toys that could lead to falls, and toys that fire projectiles that could possibly injure a child's eyes are among the playthings on an annual “10 Worst Toys" list released Wednesday by a consumer safety advocacy group.
Defying inflation, Americans ramped up spending last month
WASHINGTON (AP) — Many Americans have taken a darker view of the economy as inflation has worsened. Yet so far, they appear no less willing to spend freely at retailers, an encouraging sign for the crucial holiday shopping season.
WASHINGTON (AP) — Many Americans have taken a darker view of the economy as inflation has worsened. Yet so far, they appear no less willing to spend freely at retailers — an encouraging sign for the crucial holiday shopping season.
When you think about holiday shopping, your mind probably goes to big-box retailers before your neighborhood bookstore or antique shop. But in a time marked by widespread supply chain disruptions and inflation, underdog small businesses deserve our attention.
MILAN (AP) — The personal luxury market of high-end accessories, leather goods and apparel has snapped back to pre-pandemic levels as U.S. shoppers outspent those in China in pursuit of the latest fashion trends, according to a study released Thursday by the Bain consultancy.
WASHINGTON (AP) — A worsening surge of inflation for such bedrock necessities as food, rent, autos and heating oil is setting Americans up for a financially difficult Thanksgiving and holiday shopping season.
NEW YORK (AP) — In this world, there's a book for everybody. Take advantage of that sentiment during the holiday shopping season.
Book sales have thrived during the pandemic after initial concerns that it might hurt the publishing business.
WASHINGTON (AP) — President Joe Biden tried to reassure Americans on Wednesday that he can tame high inflation, announcing a deal to expand operations at the Port of Los Angeles as prices keep climbing and container ships wait to dock in a traffic jam threatening the U.S.
NEW YORK (AP) — All employers want for Christmas is some holiday help. But they might not get their wish.
Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they’ll find all the workers they need.
NEW YORK (AP) — Amazon said Wednesday that it will hold its annual Prime Day over two days in June this year, the earliest it has ever held the sales event.
NEW YORK (AP) — Walmart is raising wages for 425,000 of its 1.5 million U.S. workers and is investing $14 billion this year to speed up its distribution network as the nation's largest retailer navigates vast industry changes that were accelerated by the pandemic.
NEW YORK (AP) — Americans cut back on spending in December for the third-straight month as a surge in virus cases kept people away from stores during the critical holiday shopping season.
NEW YORK (AP) — A huge surge in online shopping during the pandemic has been a savior for retailers, but it comes at a price.
Shoppers are expected to return twice as many items as they did during last year's holiday period, costing companies roughly $1.1 billion, according to Narvar Inc., a software and technology company that manages online returns for hundreds of brands.
NEW YORK (AP) — Clothing stores and specialty retailers are offering big discounts and heavily promoting curbside pickup in hopes of rescuing a lackluster holiday shopping season in which surging coronavirus cases have kept many shoppers at home.
SAN RAMON, Calif. (AP) — Apple has one more thing for the holiday shopping season: over-the-ear, wireless headphones that will test how much people are willing to splurge on for high-quality sound.
NEW YORK (AP) — The viral pandemic is accelerating a transformation of America's holiday shopping season...
A look at coronavirus developments around New England:
NEW YORK (AP) — The pandemic is turning this into a holiday shopping season like no other.
Toy companies are targeting stuck-at-home grown-ups with latte-smelling Play-Doh and Legos that turn into Warhols.
WASHINGTON (AP) — LaTonya Story is every retailer’s worst fear.
With the viral pandemic re-surging through the country and the economy under threat, Story has decided to slash her holiday shopping budget.
NEW YORK (AP) — Target is the latest big box U.S. retailer to show that it's prospering during the pandemic.
The Minneapolis company reported Wednesday that its online sales surged 155% in the three months that ended Oct.
NEW YORK (AP) — Retailers and carriers are preparing for an online holiday shopping surge that could tax shipping networks and lead to delivery delays.
FedEx and UPS are ramping up their holiday hiring while expanding their weekend operations and asking retailers to use their shipping network when there is more slack.
NEW YORK (AP) — The final three months of the year, usually a boom time for many small businesses thanks to holiday shopping and celebrations, looks precarious as the coronavirus maintains its grip on the economy.
NEW YORK (AP) — Add last-minute holiday shopping to the list of time-honored traditions being upended by the coronavirus pandemic. Retailers are kicking off the holiday season earlier than ever this year in hopes of avoiding big in-store crowds and shipping bottlenecks in November and December.
NEW YORK (AP) — Amazon is aiming to kickstart the holiday shopping season early this year.
The company is holding its annual Prime Day over two days in October this year, after the pandemic forced it to postpone the sales event from July.
NEW YORK (AP) — Target is joining Walmart in closing its stores on Thanksgiving Day, ending a decadelong tradition of jump-starting Black Friday door buster sales.
The move, announced Monday, comes as stores are rethinking this year's Black Friday shopping bonanza weekend — along with other key retail days during the holiday season — as the country battles the coronavirus pandemic.
Target reported a rare shortfall in holiday sales, raising concerns about the challenges ahead for the traditional retail industry even as the economy remains strong...