Retail News | LeadStory

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Returning unwanted gifts may now come with fees

Hassle-free returns may be a thing of the past, and if you're staring at a stack of unwanted Christmas gifts, you may have to think twice before mailing them back.

CBS America

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Christmas returns season begins for millions of American shoppers

Americans have entered the 2025 gift returns era after the Christmas holidays. CBS MoneyWatch correspondent Kelly O'Grady has more.

CBS America

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U.S. holiday spending hits 20-year high

Americans are expected to spend nearly $900 each this holiday season, the second-highest level in 20 years. The surge reflects strong consumer demand and a continued shift towards online shopping.

Al Jazeera

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Fashionphile CEO on differentiating in luxury resale

Ben Hemminger, CEO and co-founder of Fashionphile, says the company's specialty allows it to price items accurately and buy directly from sellers, taking on the resale risk itself.

Bloomberg

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U.S. toy prices rise as tariffs push up costs ahead of Christmas

U.S. shoppers are feeling the impact of tariffs as toy prices rise ahead of the holidays. Imports from China still dominate the U.S. toy market, worth around $41 billion.

Al Jazeera

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Powerball jackpot reaches whopping $1.7 billion for Christmas Eve

The Powerball jackpot grew to more than $1.7 billion after no winning tickets from Monday's drawing. CBS News' Tom Hanson has more details.

CBS America

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Instacart ending AI price tests for retailers

Instacart says it's ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pr...

CBS News

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French court rejects government bid to suspend Shein platform

A French court rejected the government's bid to suspend Shein, ruling the measure “disproportionate.” However, the platform must implement reliable age verification before resuming sales of adult products.

Euronews

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New poll suggests Americans concerned with high costs of holidays

A recent CBS News poll shows many Americans are concerned about the high costs of holiday shopping. Lori Bettinger, the president of BancAlliance, joins CBS News with more details.

CBS America

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Nike warns of sales decline as China weakness persists

Nike warned that sales will decline this quarter amid persistent weakness in China and at its Converse brand. The world's largest sportswear company expects revenue to be down in the low-single digits in the three months that started Dec...

Bloomberg

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Food, tobacco products top consumer spending growth forecasts

New data highlights surprising growth trends in everyday essentials and tobacco products.

Scripps News

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Nearly a quarter of self-checkout shoppers admit to stealing, survey

For many Americans, the weekly grocery run has become a financial stress test. Food prices have skyrocketed 25% in the last five years. Now, some shoppers are resorting to other means. Kelly O'Grady reports.

CBS America

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A guide to 'Made in America' holiday gifts, state by state

The Made in America Holiday Gift Guide promotes products made in America – from cowboy hat racks produced in Wyoming, to giant stuffed animals from South Carolina. The list includes more than 150 companies from all 50 states. Luke Burban...

CBS America

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Gen Z more likely to return products than other age groups: report

A new report from the National Retail Federation shows that Gen Z shoppers make the most returns out of any generation, despite the environmental harm it can cause. Taylor Hoit, head of product and technology at the online marketplace Re...

CBS America

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Tanger CEO sees retail rebound

U.S. consumer sentiment just snapped a five-month slump, ticking higher right as holiday shopping kicks into overdrive. Tanger outlets are riding the wave, with shares rebounding into year-end and Black Friday crowds lining up out the do...

Bloomberg

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Macy’s CEO: more store closures planned for 2026

Tony Spring says Macy's is seeing record service scores and shoppers seeking fresh offerings. He tells Romaine Bostick on "The Close" that additional store closures are planned for 2026, supported by a stronger digital business.

Bloomberg

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French government pushes for three-month ban of Shein website

Lawyers for Chinese online platform Shein return to a Paris court on Friday for a hearing on the French government's request to suspend the firm's website for three months, after childlike sex dolls and banned weapons were discovered on ...

France 24

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Costco files lawsuit against Trump administration over tariffs

Retail giant Costco is suing the Trump administration over its sweeping tariffs. In a federal lawsuit, the company argues the president exceeded his authority when he imposed his extensive tariffs on U.S. trading partners earlier this year.

CBS America

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Shoppers spend billions on Black Friday

Adobe Analytics, which tracks online shopping, says U.S. consumers spent $11.8 billion on Black Friday, nearly a 10% jump from last year. Alice Gainer has more.

CBS America

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Black Friday draws large crowds despite lower consumer sentiment

There are 27 shopping days between Thanksgiving and Christmas, a marathon that began on Black Friday with a sprint to the stores. Elaine Quijano reports on the hunt for deals.

CBS News

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Black Friday draws large crowds despite lowest consumer sentiment in 3 years

There are 27 shopping days between Thanksgiving and Christmas, a marathon that began on Black Friday with a sprint to the stores.

CBS America

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Shoppers enter holiday season with caution

Jill Standish, Senior Managing Director and Global Retail Lead at Accenture, surveys the challenging environment for retailers and consumers. She speaks on "Bloomberg Surveillance."

Bloomberg

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Fake Black Friday: Consumers urged to watch out for scams

Today is Black Friday, that U.S. shopping holiday that's the delight of bargain hunters the world over, but if you're on the lookout for a good deal or two, be careful! A recent trend has become alarmingly common - for scams over fake pr...

France 24

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Black Friday kicks off holiday shopping season

Holiday spending could top $1 trillion for the first time ever -- much of that over this 5-day long weekend. Elaine Quijano is at New Jersey's American Dream mall, where shoppers are on the hunt for deals.

CBS America

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Alibaba unveils AI glasses: S1 model starts at $537

Alibaba began sales of its first smart glasses powered by its Qwen AI models, marking a rare foray into consumer hardware. The new Quark S1 glasses, which start at 3,799 yuan ($537), include built-in translucent displays that superimpose...

Bloomberg

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Americans pessimistic about economy ahead of holiday shopping

Holiday shopping is kicking off, and a new CBS News poll shows only 32% of Americans think the economy is in good shape.

CBS America

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Walmart sees big revenue boost as shoppers look for deals

Walmart delivered stronger than expected earnings, with a 29% rise in the most recent quarter, attracting price-conscious consumers from all income levels.

CBS America

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Mattel CEO says tariffs aren’t hurting toy demand

Mattel CEO Ynon Kreiz says the company is well positioned this holiday season, offering products across every price range as consumers shop for toys and gifts. Despite uncertainty around tariffs, he notes that demand for toys continues t...

Bloomberg

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Shopping strategies to help you save this holiday season

In a survey, nearly two-thirds of consumers said food and grocery costs will affect their holiday shopping this year. CBS News MoneyWatch correspondent Kelly O'Grady gives shopping strategies to help consumers save.

CBS America

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Tariffs starting to impact consumer prices, analysis finds

A new analysis shows that President Trump's tariffs are starting to have an impact on businesses and consumers. The St. Louis Federal Reserve found that companies passed 35% of tariff costs onto shoppers early this summer.

CBS America