Retailers eye holiday shopping season
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Retailers prepare for Black Fri. rush
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The “We Ain’t Buying It” campaign is urging shoppers to boycott Target, Amazon and Home Depot during the holiday shopping stretch.
As economists continue to seek clarity on how Americans are faring after the federal government shutdown paused data collection, the country’s largest retailers offered a window this week into the consumer mood in the lead-up to the most crucial spending season of the year.
Walmart, Target, and Home Depot are using artificial intelligence to offer shoppers personalized assistants and faster checkout experiences.
Three in four Americans ages 45 to 60 say they expect to overspend for the holidays. They’re “sort of like the glue within the consumer spectrum.”
Burlington, Kohl’s, Best Buy and other chains report this week ahead of Black Friday as concerns about the economy linger.
Chow Tai Fook, China’s biggest jewellery retailer by sales, has closed about 1,000 mainland stores this year, a reduction of 15 per cent. The company on Tuesday reported net profit of HK$2.5bn (US$320mn) in the half-year to the end of September, unchanged from a year earlier, on HK$39bn of revenue, its lowest in five years.
By Arriana McLymore NEW YORK (Reuters) -Big retailers traditionally spend millions on attracting eyeballs for the holiday season. Now, they're looking to get noticed by something else - AI agents. Most of this holiday season's projected $253 billion in U.
Dick’s Sporting Goods’ ( DKS) has opened what it calls Collectors Club Houses in 20 shops, and plans to include them in more locations, CEO Lauren Hobart said on a conference call this week. The spaces, which feature trading cards and signed sports memorabilia, come as retailers rush to capitalize on soaring demand for collectibles.