Economics of Christmas

Mastercard SpendingPulse: U.S. Retail Sales* Grew 3.0% This Holiday Season

Retrieved on:

Saturday, December 26, 2020

This season, U.S. consumers shopped far earlier than in years past, as retailers offered special promotions early and often.

Key Points:

This season, U.S. consumers shopped far earlier than in years past, as retailers offered special promotions early and often.
In addition, though Black Friday was down (-16.1%*), Thanksgiving weekend through Cyber Monday remained a key time for shoppers, with Black Friday being the top spending day of the 2020 holiday season.
Mastercard SpendingPulse reports on national retail sales across all payment types in select markets around the world.
Mastercard SpendingPulse defines U.S. retail sales as sales at retailers and food services merchants of all sizes.

64% of last-minute Christmas shoppers plan to shop in-store despite the pandemic, according to a new survey from Klarna

Retrieved on:

Thursday, December 17, 2020

Christmas, Christmas and holiday season, Seasons, Shoppers Drug Mart, Economics of Christmas, Klarna, Shopping, Time, Christmas in the United States, Finance, Traditions

This is according to new research by Klarna , the leading global payments provider and shopping service, which surveyed over 40,000 Klarna shoppers across the US to understand what last-minute Christmas shopping looks like this year.

Key Points:

This is according to new research by Klarna , the leading global payments provider and shopping service, which surveyed over 40,000 Klarna shoppers across the US to understand what last-minute Christmas shopping looks like this year.
Findings from Klarna's survey also revealed that 64% of last-minute shoppers plan to do the last of their Christmas shopping in-store, and that 55% of last-minute shoppers plan to purchase gifts online even if those items won't be delivered by Christmas Day (December 25).
Of these eleventh-hour shoppers, 35% will save the last of their holiday shopping for the week of Christmas.
Of these eleventh-hour shoppers, 35% will save the last of their holiday shopping for the week of Christmas.

Christmas spending defies pandemic - new research from Wilderness Agency

Retrieved on:

Thursday, December 10, 2020

Countries, Holidays, Traditions, Christmas, Christmas and holiday season, Seasons, Economics of Christmas, Shopping

Of those spending more, the top reason for doing so is to make Christmas extra special (77%).

Key Points:

Of those spending more, the top reason for doing so is to make Christmas extra special (77%).
Parents have been planning ahead this year, and almost half (44.2%) either started, or planned to start Christmas shopping earlier.
More than half of parents (51%) say they plan to maintain levels of online buying next Christmas and beyond.
The survey asked 1,000 UK parents of 0-16 year olds how they planned to shop this Christmas.

Holiday 2020 Retail Sales Off to a Double-Digit Start, Reports NPD

Retrieved on:

Thursday, November 26, 2020

Marketing, Merchandising, Christmas economics, Business, Retailing, Black Friday, Shopping, Christmas and holiday season, Shoppers Drug Mart, Retail, Online shopping, Economics of Christmas

This may still prove to be a very challenging holiday season at retail, which means the focus could shift from sales volume to profit margin for those industries and retailers that are lagging."

Key Points:

This may still prove to be a very challenging holiday season at retail, which means the focus could shift from sales volume to profit margin for those industries and retailers that are lagging."
Holiday shoppers who planned to start shopping on Black Friday intend to spend an average of $643, less than early shoppers, and other traditional peak period shoppers.2
Average planned holiday spending for this year, based on when holiday shoppers planned to begin shopping.
The hottest categories so far this holiday shopping season continue to be led by technology products.
But as holiday promotions increased, there was movement among the growth drivers in the first two weeks of November.

Tinley’s Completes Full Production at Long Beach, Extends Retail Trials and Provides Corporate Updates

Retrieved on:

Tuesday, November 24, 2020

Retailers, Retailing, Costco, Logistics, Warehouse, Thanksgiving, Economics of Christmas, Supermarkets

Long Beach also offers some of the lowest manufacturing and distribution taxes in the state.

Key Points:

Long Beach also offers some of the lowest manufacturing and distribution taxes in the state.
While additional work is required to optimize certain functionality, the Company is now able to take on co-packing clients and meet its own on-going production needs.
The non-infused versions of the Companys single-serve products recently became available for trials at two Costco warehouses in Southern California.
These trials have now been extended through December, thereby positioning the products throughout the busy Thanksgiving and Christmas shopping seasons.

Clearpay Introduces a Diverse Set of New Brands for Christmas Peak Shopping

Retrieved on:

Wednesday, November 18, 2020

Countries, Holidays, Culture, Merchandising, Consumer behaviour, Shopping, Online shopping, Christmas stocking, Economics of Christmas, Brand, Christmas, Retail

These new brands represent Clearpay's diverse set of retail partners which give consumers more places to shop for the latest fashion and beauty trends.

Key Points:

These new brands represent Clearpay's diverse set of retail partners which give consumers more places to shop for the latest fashion and beauty trends.
Shoppers can rely on Clearpay for more freedom and flexibility as they shop for all of their Christmas gifts - from festive outfits to extra-special stocking fillers.
By adding these brands to the Clearpay Shop Directory, customers will have access to even more shopping options as they re-enter lockdown and prepare for the upcoming Christmas season.
It is our goal to make sure customers can spend responsibly for the gifts on their Christmas shopping lists.

H&M USA Celebrates Thanksgiving and Giving Tuesday

Retrieved on:

Wednesday, November 20, 2019

Calendars, Units of time, Time, Federal holidays in the United States, Thanksgiving, Black Friday, Christmas and holiday season, Christmas music, Economics of Christmas

This year, H&M will celebrate Thanksgiving by giving its more than 16,000 employees in the United States the day off, as it has done for the past several years.

Key Points:

This year, H&M will celebrate Thanksgiving by giving its more than 16,000 employees in the United States the day off, as it has done for the past several years.
Following Thanksgiving, H&M will help customers get in the holiday spirit by offering 30% off their entire purchase on Black Friday , both in store and online.
In the spirit of the holidays and giving back to local communities, H&M has launched their yearly holiday gift card campaign.
GLAM4GOOD is a non-profit organization that creates and celebrates social impact, and empowerment through beauty and style.

Altar’d State to Hire 1,200 Associates for 2019 Christmas Season

Retrieved on:

Wednesday, September 25, 2019

Fashion, Women, Consumer, Retail, Brand ambassador, Brand management, Economics of Christmas, Brand, Marketing, Articles, Business

Altard State, a rapidly growing womens fashion brand with more than 100 boutiques throughout 34 states, plans to hire 1,200 Christmas seasonal associates.

Key Points:

Altard State, a rapidly growing womens fashion brand with more than 100 boutiques throughout 34 states, plans to hire 1,200 Christmas seasonal associates.
Altard State is seeking brand ambassadors to join our Altard State family and fill an important role during the Christmas shopping season.
Associates receive a 50% discount, special seasonal discounts, a fun environment, paid volunteer time and bonus incentives.
Altard State has been certified A Great Place To Work ( greatplacetowork.com ) for the last two years by its family of over 2000 members.