Missed holiday sales? Costco’s electronics trade-in program can provide extra shopping cash
Costco has an electronics trade-in program that allows consumers to save money when shopping at the company's warehouse stores. Under this program, retailers trade in eligible devices and provide the owner with a physical or digital Costco Shop Card equal to the value of the electronic device. Costco is partnering with Phobio to offer the […]
Consumer watchdog proposes crackdown on personal data sales
The Consumer Financial Protection Bureau (CFPB) on Tuesday announced new proposals aimed at cracking down on data brokers who sell Americans' confidential information. The agency said that under the proposed rule, it aims to ensure compliance with existing privacy laws by treating data brokers as “consumer reporting agencies.” “Companies such as national consumer reporting agencies […]
Online sales surge to record-setting $10.8B on Black Friday as stores see thin crowds
Americans shopped freely on Black Friday as online spending soared to a record $10.8 billion. According to data provided by Adobe Analytics, that sales figure includes a breathtaking $11.3 million spent every minute between 10 a.m. and 2 p.m. the day after Thanksgiving, when most purchases were made. Customers were reportedly using their mobile phones […]
UK could loosen EV rules to allow sales of Prius-style hybrids until 2035 | Automotive industry
Carmakers could be allowed to sell Toyota Prius hybrid models in the UK until 2035, as the government considers ways to ease rules on the sale of electric cars. Earlier this week, the government launched an emergency consultation to decide what types of electric cars carmakers can sell after a new ban on petrol and […]
UK retail footfall dips again as Storm Bert and later Black Friday hit sales | Retail industry
The number of shoppers going out in the UK in November fell for the second consecutive month as late Black Friday discounts, Stormbart and weak consumer confidence led to weaker sales. Latest data from the British Retail Consortium (BRC) and Sensormatic shows shopping centers were the worst hit, but visitor numbers to high streets and […]
Black Friday, Cyber Monday sales expected to break records
The weekend, which runs from Black Friday to Cyber Monday, is expected to break records this year as shoppers, hit by inflation and waiting for deals, take advantage of deals online and in stores. US retail sales are expected to reach a record $75 billion between Black Friday and Cyber Monday, according to Bain's Black […]
New home sales plummet 17% to 2-year low amid high mortgage rates
Sales of new single-family homes in the U.S. fell to the lowest level in nearly two years in October, likely due to buyers being hesitant due to rising mortgage rates and activity disrupted by hurricanes. It will be done. New home sales fell a seasonally adjusted annual rate of 17.3% to 610,000 units last month, […]
Win one for the Gipper! Ronald Reagan film tops in home sales following Trump victory
This time, the award went to actor and late President Ronald Reagan's “The Zipper.'' Following President-elect Donald Trump's victory on Nov. 5, the movie “Reagan” shot to the top of the home sales charts. “Reagan” ranked No. 2 on Amazon's overall bestseller list for DVD, Blu-ray and digital download sales on Monday. According to a […]
NY smokin’ it with pot sales, nears $1 billion mark
It's a milestone for stoners. Marijuana sales in New York state are on track to reach the $1 billion mark since the legal market launched two years ago, state officials told the Post. “These numbers clearly demonstrate that New York is back for business. There is strong momentum behind the market right now,” said John […]
Retail sales slide in Great Britain amid pre-budget uncertainty | Retail industry
UK retail sales fell for the first time in three months in October as consumers cut back on spending ahead of Labor's first budget in 14 years. The Office for National Statistics (ONS) announced that October sales fell 0.7% on the previous month, and revised down September's growth rate from 0.3% to just 0.1%. Clothing […]