News

America’s miserable K-shaped Christmas

Christmas is going to be miserable for many Americans this year. While higher-income Americans have seen jobs return and incomes grow, lower-income Americans are either still struggling or doing worse – the so-called K-shaped recovery. Relief in the form of a $US600 stimulus check is on its way, but months […]
America’s miserable K-shaped Christmas
News

Holiday shoppers have a new habit — and it’s good news for retailers

Shoppers are “self-gifting” this holiday season. The behaviour stems from high consumer confidence and the fact that shoppers are often waiting until the holidays to get a deal. This is good new for retailers. It’s better to give than receive, but what if you’re doing both? Shoppers are “self-gifting” more […]
Holiday shoppers have a new habit  —  and it’s good news for retailers
News

Smartphones are killing Black Friday

Overall sales on Black Friday have been steadily declining for years. This year, Black Friday spending was spread out through November with most sales starting Thanksgiving morning. Mobile spending is drastically up on Thanksgiving, making Black Friday more of a season than a one-day event. November 24 is only one […]
Smartphones are killing Black Friday