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Holiday Shopping

The long-expected consumer pullback may finally be materializing

by Kimberly Adams
Nov 29, 2023
We spent more over the holiday, but we bought less — thanks to inflation.
While consumers spent a couple percent more this Black Friday weekend than last, they didn’t necessarily buy more.
Yuki Iwamura/AFP via Getty Images
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How toy sales are faring this holiday season

by Stephanie Hughes
Nov 28, 2023
During the first two years of the pandemic, toy sales in the U.S. grew by 30%. Now, they may be coming back to earth.
During the first two years of the pandemic, toy sales in the U.S. grew by 30%.
Brandon Bell/Getty Images
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Retailers wielding holiday discounts as competitive weapon

by Savannah Peters
Nov 27, 2023
Instead of marking down items to clear inventory, retailers are using discounts to draw customers away from competitors.
Sales from post-Thanksgiving promotions could influence what the rest of the holiday shopping season looks like.
Yuki Iwamura/AFP via Getty Images
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For the holidays, boomers will splurge on the grandkids. Many younger consumers will just splurge.

by Kimberly Adams
Nov 24, 2023
And just about everyone has sticker shock.
Amid the voracious spending, some holiday shoppers will have to trade down this year.
Mario Tama/Getty Images
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You're not imagining it: Holiday shopping season really did start earlier this year

by Kimberly Adams
Nov 23, 2023
But if we're buying now, will retailers pay later?
Holiday shopping season may have started early this year, but it's also predicted to go later than usual.
Mario Tama/Getty Images
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Ringing in the holiday season with consumer sentiment at a 6-month low

by Meghan McCarty Carino
Nov 10, 2023
The latest consumer survey from the University of Michigan shows that sentiment dropped for the fourth straight month.
Through lockdowns and supply chain snarls, inflation and interest rate hikes, consumer spending has remained resilient.
Michael M. Santiago/Getty Images
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My Economy

Owner of crafts and gift shop brings local artists' work to her community

by Sofia Terenzio
Nov 8, 2023
Ashley Morken of Unglued in Fargo, North Dakota, has been expanding her staff and adjusting to new responsibilities.
Ashley Morken, owner of Unglued in Fargo, North Dakota. "I really feel the responsibility to keep this sustainable, to be able to keep it going," she said.
Courtesy Morken
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Retail group predicts record holiday spending

by Stephanie Hughes
Nov 3, 2023
The National Retail Federation predicts at least $957 billion in sales this holiday season. But that might not mean everyone is splurging.
Prices for goods are up nearly 1% from a year ago, according to the latest PCE price index.
Mark Makela/Getty Images
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Crafts vendor Etsy has strengths, weaknesses at a time of economic headwinds

by Elizabeth Trovall
Oct 31, 2023
Consumer spending has been resilient, but will Etsy, a site that epitomizes discretionary spending, continue to rake in money?
Etsy's artisanal offerings may do well during the holiday shopping season, said Claire Tassin with Morning Consult.
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October, that magical time of year when holiday shopping begins

by Henry Epp
Oct 12, 2023
Companies like Target, Walmart and Kohl’s held sales this week aimed at holiday shoppers, and Amazon just wrapped up its second Prime Day event of the year.
While stores might not have holiday decorations up yet, multiple retailers have sales running aimed at enticing (early) holiday shoppers.
Justin Sullivan/Getty Images
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