Holiday shoppers ‘need to keep head on a swivel’ as expert predicts hostile season

Social unrest at home and abroad, combined with personal emotional turmoil and economic stress during the holidays, could create a bloody season, experts say. Joey Walker, a former Reno, Nevada, police lieutenant who teaches self-defense to civilians, said holiday seekers should “keep their heads on their toes” and be wary of potentially hostile crowds and […]

Black Friday spending hits online record, shoppers avoid crowds

Black Friday bargain hunters shattered online shopping records, spending nearly $10 billion online as the majority of bargain-hungry consumers opted to avoid chaotic crowds. Buyers spent $9.8 billion online on Friday, a record high, up from $9.12 billion the day after Thanksgiving in 2022, according to Adobe Analytics, which analyzes e-commerce. Electronic devices such as […]

NYC Black Friday shoppers feel the sting of high inflation, soaring prices

Black Friday is not what it used to be! On Friday, as inflation concerns reached a 12-year high, shoppers in the Big Apple preferred Zara and Abercrombie & Fitch to high-end retailers such as New York’s famed Bergdorf Goodman on the busiest shopping day of the year. I preferred affordable brands such as. Bargain hunters […]

Holiday spending seen weakest in 5 years as shoppers focus on discounts

Traffic at Black Friday events appeared to be slow this year, with shoppers focusing on discounts and bargains after cutting back on spending ahead of what is expected to be the slowest holiday season in five years. The National Retail Federation expects overall sales to increase 3% to 4% in November and December, compared with […]

Feds warn holiday shoppers of dangerous counterfeit goods

All those watches, handbags and sunglasses may look awfully appealing on a New York City street corner, but the federal government wants holiday shoppers to keep walking. This came as federal authorities warned the public against spending their hard-earned money on fraudulent products whose very existence poses a shadow threat to the country. The message […]

Kohl’s sales miss estimates as shoppers trim spending on non-essentials

Zuma Global President Heather Zumarraga talks to Varney & Co. about consumer spending habits for the 2023 holiday season. Kohl’s on Tuesday reported a sharper-than-expected drop in quarterly sales as cost-conscious shoppers opted to spend less at department stores while inflation remained high, sending shares down more than 4% before the bell. did. As student […]

Shoppers punished by soaring prices as Biden cheers inflation numbers

No, it’s not what you’re imagining. The price of almost everything in your life is going up. President Joe Biden this week called the latest inflation numbers good news for Bidennomics, hailing a slightly slower-than-expected 3.2% rise in the consumer price index from a year earlier in October. But it’s cold comfort to consumers who […]

‘Secret shoppers’ to help scrutinize student loan servicers

Ministry of Education announced On Friday, it will send a “secret shopper” to student loan providers to ensure borrowers receive proper service and hold companies accountable. The newly announced accountability framework also includes increased oversight of loan servicers’ interactions with borrowers, including overhearing customer service calls and tracking record-keeping. “The Biden-Harris Administration has made clear […]