Cyber Monday caps busy holiday shopping weekend
After a busy holiday shopping weekend, discount seekers are expected to spend between a record $12 billion and $12.4 billion on beauty products, electronics, toys and apparel on Cyber Monday, according to Adobe Analytics.
Cyber Monday spending to reach $12 billion
Cyber Monday deals are everywhere and this year, sales are expected to reach $12 billion. That would be more than 5% more than last year's sales.
Online spending on Black Friday sets new record
Black Friday shoppers spent a record $9.8 billion online in the U.S., Adobe Analytics reported, offering a positive sign for retailers facing lackluster sales forecasts for the holiday season. Demand for electronics, smartwatches, TVs an...
Great ways to save money on Christmas decorations
Decorating for the holidays can empty your wallet. And after spending all that money on Black Friday and Cyber Monday, you may feel like you're just hanging dollar bills on the tree. But you don't have to.
Explained: The history behind the 'Black Friday' sales
For decades, Black Friday has been a hugely popular unofficial holiday in the U.S. and even overseas. But the shopping event actually stems from a college football game in Philadelphia in the 1960's.
Black Friday: Christmas comes early for some shoppers
As the holiday shopping season begins, many consumers are looking to take advantage of Black Friday deals and bring their Christmas shopping forward.
Black Friday deals to look for
It may not even be Black Friday yet, but toys, electronics, appliances and clothes are already on sale. Here's what you should know before you head out to find deals.
Thanksgiving dinner costs down from last year
As you're getting ready to celebrate Thanksgiving, here's some good news. Turkey prices and the cost of many sides are down from last year.
The controversial rise of shopping self-checkout
The self-checkout has become a point of controversy for many shoppers. Some U.S grocery stores are now removing self-checkout lanes in response to growing incidents of theft while others, like Kroger, are doubling down on the technology,...
October Prime Days vs. Black Friday
We are coming up on Amazon's second Prime event of the year: Prime Big Deal Days in October. That has some shoppers wondering if you really need to wait until Black Friday for the best deals anymore.
Instacart shares surge 43% on IPO
Online grocery delivery business Instacart jumped as much as 43% in its trading debut, adding momentum to a rebound for initial public offerings. Shares opened for trading at $42 each after selling for $30 at the top of the range. Bloomb...
The shoplifting epidemic taking over America
Retailers across America say they’re struggling to contain an escalation in store crimes, from petty shoplifting all the way to organized sprees of large-scale theft that clear entire shelves of products.
Amazon to cut more than 18,000 jobs, CEO says
Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact that the online retail giant had "hired rapidly" during the pandemic.
Amazon workers stage Black Friday walkouts
Amazon employees in more than 30 countries are striking in protest against the company's labour policies. The actions coincided with one of the busiest shopping days of the year - Black Friday.
Walmart manager kills six staff
A Walmart employee killed six people and wounded several others before fatally shooting himself at a store in Chesapeake, Virginia, authorities said on Wednesday, in the latest episode of gun violence in the United States.
Greece: Plan to cut prices of essential goods
Shoppers in Greece say they're not convinced over a government scheme to cut prices of essential goods. "I do not believe this measure will be any help. It is just a trick to fool the consumers”, said one customer.
Romanian shoppers hunt for bargains in Ukraine
"Detergent [in Ukraine] is cheaper than in Romania ... [by] about two euros", said one Romanian shopper, venturing into the war-torn country.
Royal mourning boost for London businesses
Visitors crowding into central London from as far away as the US and India are giving a boost to businesses at a time when the British economy is facing a cost-of-living crisis. Restaurants, hotels, cafes and pubs packed after over 2 yea...
Online prices hit by inflation
Maybe the internet doesn't offer the best deals. Online prices are on the rise again. Scarlet Fu has more from Quicktake.
The growing trend of 'shopping to sell'
Gen Z see resale shopping as something of a sport, buying used luxury goods with the goal of selling them later at higher prices. Madison Mills and Martine Paris have more on the latest inflation hack.
Nike ditches Russia
Nike is closing its doors in Russia, becoming the latest Western brand to depart the country since Putin's invasion of Ukraine began. While the company halted all online sales and closed the stores it owned back in March, a number of o...
Amazon introduces 5% 'inflation' fee
Amazon.com Inc. is instituting a 5% fuel and inflation fee April 28 on online merchants that use its shipping services. Bloomberg Quicktake's Alex Webb examines the potential impact on merchants and consumers.
Global retail affected by Russian sanctions, boycott
Amid Russia's attack on Ukraine, major businesses from BP to Big Tech like Apple have been pausing their business dealings with the invading nation. Brian Walker, chief strategy officer at commerce software company Bloomreach, joined Ch...