Holiday sales rose 8.5 percent this year compared to 2020, according to Mastercard SpendingPulse.
A poll conducted by the Associated Press and the NORC Center for Public Affairs Research found that many Americans are feeling the effects of inflation.
Our dollars make a difference. How we spend them shows companies what we want, from the products on their shelves to the causes they support and how they are resourcing and advancing staffers of color.
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Retail spending increased by 0.3 percent in November, compared to the 1.8 percent rise in October, but experts are still confident in the holiday season.
Online thrift retailer ThredUp saw gift card sales jump 103 percent during the first two weeks of December compared to all of November, an executive said.
About 1 in 5 individuals in the entire survey group told pollsters they did not intend to shop in person at all.
Inaccurate logos, peeling designer labels and sloppy stitching can all be signs that a product is fake, officials said.
The shortages will not just leave customers without the specific products they want, but could hurt smaller retailers and bring down total holiday sales.
A 1.3 percent rise in consumer spending in October in the face of rising inflation gave experts a positive sign in new economic data released Wednesday.
Any holiday orders from Nike that haven't been shipped will not be fulfilled, the athletic apparel retailer said in an email.
"Each month of the quarter got stronger," CEO Doug McMillon said. "The number of containers that we're moving through the ports has grown significantly."
Many retailers saw strong sales last year after being forced to rethink the traditional kickoff to the holiday shopping season by offering extended sale events.
Some companies have already extended their return policy to accommodate for the early holiday shopping.
"We are not the Postal Service or UPS or FedEx," press secretary Jen Psaki said.
Supply chain issues are closely linked to recent consumer price increases, which pose risks both economically and politically for U.S. officials.
Extended return policies at some retailers apply only to a selection of merchandise, such as electronics.
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Despite resistance from retailers, the name has been used to describe the start to the holiday shopping season for nearly 60 years.
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"Consumers could see higher prices for TVs, cell phones, [laptops], cameras, cookware, stemware, instruments, clothing, shoes, toys, strollers, and much more," Aronhalt said.