Weeks ahead will test retailers’ lofty expectations

Shoppers ascend and descend an escalator at Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark McKella | Reuters Is it starting to look a lot like Christmas? Probably not, this year. With 24 days into the big holiday, retailers are hoping consumers will keep spending. Shoppers started buying holiday gifts early … Read more

Stage set for bigger beauty sales at Target, Kohl’s

A Sephora store inside a Kohl’s store, and an Ulta Beauty store inside a Target store. Source: Kohl’s; targeting Beauty has always been a big holiday category, but this year it’s expected to be even bigger. Shoppers aren’t just looking for perfumes or candles to give to family and friends. They are eager to replenish … Read more

Shoppers are buying from resale retailers more than ever. Here’s why

Bloomberg | Bloomberg | Getty Images Second-hand retail businesses find success with shoppers who focus on sustainability and hard-to-find items, while avoiding the supply chain stresses that traditional retailers feel. Big retailers like Walmart and Target have focused on keeping prices low, absorbing the rising costs in shipping, labor and materials for shoppers. Other retailers, … Read more

Black Friday shopping in stores drops 28% from pre-pandemic levels

Shoppers carrying bags from various stores stand alongside the start of Black Friday sales at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky, November 26, 2021. John Sherry | Reuters Black Friday retail traffic fell 28.3% from 2019 levels as Americans shifted more of their spending online and started shopping earlier in the year, … Read more

Investors say this dip is a buying opportunity and list their favorite stocks

Traders work on the floor of the New York Stock Exchange in New York. Michael Nagel/Bloomberg via Getty Images Stocks are under pressure on Friday as the new, highly mutating Covid variant raises concern about a slowdown in the economic recovery, but some investors said the pullback is a buying opportunity and exchanged names they … Read more

Sticker shock could change retailers’ approach to sales

Shoppers look at Macy’s Black Friday specials in Maumee, Ohio, November 27, 2020. Stephen Zenner | SOPA photos | Light Rocket | Getty Images Keith Fitzgerald has gone to great lengths this holiday season to make sure he gets the perfect gift. Fitzgerald, a 40-year-old hairdresser, searched online and in stores for a special edition … Read more

More Americans won’t be buying holiday gifts this year

Donna Hilliard, CEO of Code Tenderloin, said the nonprofit group that serves the homeless is currently seeing more demand than it has ever seen. Source: Tenderloin Code Code Tenderloin, a nonprofit group that serves the homeless in San Francisco, said it has about $7,000 in gift cards to distribute to those who need extra financial … Read more

Wall Street’s stock winners for the holiday season

The Amazon logo is displayed on a smartphone and PC screen. Buffalo Junchar | LightRocket via Getty Images Consumers are on their way to spending big this holiday season, and Wall Street analysts have their eyes set on some of the retail stocks they think will outperform. .

Target will keep stores closed on Thanksgiving for good

Shoppers fill the Target store on Black Friday in Chicago. John Grace | Historic Corbis | Getty Images Target won’t open its stores on Thanksgiving Day anymore, making a permanent shift to the unofficial start of the holiday season suspended during the pandemic. Retailers last year had to turn what had become the start of … Read more