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Tag: Holiday shopping

Deferred interest deals and store credit cards could cost you big time

Holiday shopping doesn’t need to break the bank. As shoppers scramble to take advantage of seasonal deals, there’s one offer you probably don’t want to jump on. Store credit card deals may sound like a steal. However, beware the fine print that can cost you more than you bargained for, according to recent research from …

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How Google uses A.I. to help boost profits from online shopping

Artificial intelligence can help businesses make more money from online shopping, Carrie Tharp, Google Cloud’s head of retail, told CNBC on Monday. “We’re helping retailers with Google A.I. to help drive their ability to do promotions, recommendations, improve their margins with dynamic pricing,” Tharp said on “Squawk Alley.” “So it’s really helping that retail C-suite …

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Black Friday online sales up 19% by 9 am, Thanksgiving sales hit record online

An employee pulls a cart stacked with boxes at the Amazon.com fulfillment center in Kenosha, Wisconsin. Jim Young | Bloomberg | Getty Images Big turkey dinners didn’t slow down shoppers this Thanksgiving. Shoppers spent $4.2 billion online on Thanksgiving, a 14.5% increase from last year and a record high, according to data released by Adobe …

Black Friday online sales up 19% by 9 am, Thanksgiving sales hit record onlineRead More

Best Buy and Target persist as other retailers lose to Amazon

A Target store in Culver City, California. Mark Ralston | AFP | Getty Images A lot of traditional retailers will lose in the battle against Amazon, David Berman, founder of Durban Capital, said Friday on “Squawk Alley.” But Target and Best Buy seem safe for now. “You are seeing outliers like Target and Best Buy,” …

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4 ways to take the headache and hassle out of annoying holiday returns

Returns can be a monumental headache, not only for retailers but for consumers as well — and this year’s holiday forecasts indicate that the 2019 returns volume will be record-breaking. According to Oracle, 77% of consumers “plan to return a portion of their gifts” this holiday season; UPS alone projects that holiday returns will peak …

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Main Street could see smaller crowds this Small Business Saturday

Portrait of small business owner MoMo Productions | Taxi | Getty Images American Express created Small Business Saturday in 2010 to try to encourage shoppers to support local retailers, but a new CNBC/SurveyMonkey Small Business Survey shows waning enthusiasm for the day. The survey, conducted Nov. 20–22, surveyed 2,397 Americans nationwide across all age demographics. …

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Black Friday is ‘bigger than it ever was,’ former Toys R Us CEO says

Black Friday is “bigger than it ever was,” although consumers are shifting when, where and how they shop, former Toys R Us CEO Gerald Storch told CNBC on Wednesday, dismissing those who say the frenzy is dying down. In an appearance on “Power Lunch,” Storch pointed out that the after-Thanksgiving extravaganza has become a three-day …

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Holiday shoppers have more return options thanks to UPS, CVS, Amazon

Amazon.com Inc. parking signage stands outside a Kohl’s Corp. department store in Huntington Beach, California, U.S., on Saturday, May 11, 2019. Kyle Grillot | Bloomberg | Getty Images Traditional return options just aren’t doing it for shoppers anymore. Consumers want more convenient and flexible choices, including more in-store returns for online purchases and designated locations …

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Black Friday is losing its clout, more bad news for department stores

Black Friday isn’t quite the deal frenzy it used to be. Retailers have been touting bargains for weeks. With more shopping moving online, it has only become easier to compare prices, and so the lure of doorbuster deals is losing its grip on shoppers. That only means more bad news for a group of retailers …

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Here’s a list of when retailers will be open

People shop during a Black Friday sales event at Macy’s flagship store on 34th St. in New York City,  November 22, 2018. Stephanie Keith | Reuters Although some retailers have already started marking down items and cueing the holiday music, the season will kick off in earnest next week. Retailers are preparing for crowds of …

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