HolidayShopping
U.S. Holiday Retail Sales Up 3.1%, Fall Short Of Forecast Amidst Economic Pressures
International News Retail

US Holiday Retail Sales Up 3.1%, Fall Short Of Forecast Amidst Economic Pressures

US retail sales saw a 3.1 per cent increase between 1 November and 24 December with shoppers seeking last-minute Christmas deals amidst significant promotions, as per a recent Mastercard report. This uptick fell short of Mastercard’s earlier September forecast of 3.7 per cent growth and last year’s 7.6 per cent rise, attributed to mounting pressure […]

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Retailers Adapts 'Keep It' Policies To Cut Rising Return Costs Post-Holiday Shopping
International News Retail

Retailers Adapts ‘Keep It’ Policies To Cut Rising Return Costs Post-Holiday Shopping

As holiday shoppers initiate the return process for items acquired during Black Friday and Cyber Monday online shopping sprees, an increasing number of U.S. retailers may advise customers to retain items whose return shipping costs surpass their intrinsic value, according to a Reuters report. This year, 59 per cent of retailers are implementing so-called “returnless” […]

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