Retailers eye holiday shopping season
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U.S. consumers spent a record $11.8B online on Black Friday, according to data from Adobe, and that isn't likely to let up, with Cyber Monday tracking to be the biggest online shopping day of both the holiday season and 2025.
Retailers across the Valley have already been rolling out Black Friday deals ahead of the main event, hoping to bring shoppers back into stores with giveaways, exclusive items and deep discounts.
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.
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What time do stores open on Black Friday? See hours for retailers like Target, Walmart, Best Buy
Are you planning on doing your holiday shopping on Black Friday? See store hours for major retailers like Target, Walmart and Best Buy.
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.”
The “We Ain’t Buying It” campaign is urging shoppers to boycott Target, Amazon and Home Depot during the holiday shopping stretch.
Burlington, Kohl’s, Best Buy and other chains report this week ahead of Black Friday as concerns about the economy linger.
Walmart, Target, and Home Depot are using artificial intelligence to offer shoppers personalized assistants and faster checkout experiences.
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.