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Cyber Monday

Thanksgiving weekend spending up 16%

Thanksgiving weekend spending up 16%

WASHINGTON — Americans shopped in record numbers over this year’s Thankgiving holiday weekend, the National Retail Federation reported on Tuesday. A survey conducted for the NRF by Prosper Insights & Analytics found that a record 189.6 million U.S. consumers shopped in stores and online from Thanksgiving Day through Cyber Monday this year. That’s up 14%

Shoppers to spend about $415 per household over Thanksgiving

Shoppers to spend about $415 per household over Thanksgiving

NEW YORK — Seventy-nine percent of consumers will shop for holiday gifts during the period between Thanksgiving and Cyber Monday, according to Deloitte, which has dubbed the upcoming weekend “the most wonderful time of the year” for retailers. Shoppers are expected to spend an average of $415 over Thanksgiving weekend, with 87% of those who

Thanksgiving weekend multichannel shopping up 40%

Thanksgiving weekend multichannel shopping up 40%

WASHINGTON — From Thanksgiving Day through Cyber Monday, more than 165 million Americans shopped either in stores or online, surpassing the 164 million who had said they would shop in a consumer sentiment survey conducted ahead of the holiday, the National Retail Federation and Prosper Insights & Analytics said. The average shopper spent $313.29 on

IBM predicts strong holiday shopping season

IBM predicts strong holiday shopping season

ARMONK, N.Y. — With retailers gearing up for Black Friday and Cyber Monday, IBM’s 2018 Holiday Retail Forecast (indicates this shopping season could be a win in many segments, with a 4.83% year-over-year growth seen across the industry this year. A number of factors are expected to drive the increase and provide reason for retailer optimism: Consumer

Survey: More consumers plan to shop during this holiday weekend

Survey: More consumers plan to shop during this holiday weekend

NEW YORK— According to a new survey from Deloitte, more than 7 in 10 (71%) holiday shoppers plan to head to the stores and online over the Thanksgiving weekend (Thanksgiving Thursday — Cyber Monday). Holiday shoppers say they’ll spend an average of $420 between Thanksgiving and Cyber Monday, and 88% expect to spend more or the

Consumers to spend more online this holiday season

Consumers to spend more online this holiday season

NEW YORK — Fifteen percent of consumers plan to spend more money this holiday season versus last year, with one-third of them doing so online. In fact, more consumers, almost one-third (31%), are expected to shop on Cyber Monday in 2018, according to a KPMG 2018 holiday shopping season survey of over 1,000 consumers. A slight

Optimism surrounds holiday shopping season

Optimism surrounds holiday shopping season

NEW YORK — Pervasive optimism over the economy and strong early online sales signaled a robust holiday shopping season. Economic growth, a lack of inflation, rising wages and low unemployment have buoyed consumers and augured a willingness to spend significantly through December. And while many shoppers are favoring online purchases, the general enthusiasm was also

Holiday retail sales edge up in 2015

Holiday retail sales edge up in 2015

NEW YORK — Drug chains were not immune to the shift in holiday shopping away from brick-and-mortar retailing. Holiday retail sales growth barely exceeded 4%, down from last season’s 4.4% advance and well off the 5.4% gain of five years ago, according to research by Racher Press, the publisher of Chain Drug Review. Same-store sales