Latest Retail and wholesale News

Cyber Monday shoppers expected to set a record on the year's biggest day for online shopping

Dec. 02, 2024 18:31 PM EST

Consumers in the United States are scouring the internet for online deals as they look to take advantage of the post-Thanksgiving shopping marathon with Cyber Monday. Even though e-commerce is now part and parcel of many people's regular routines and the holiday shopping season,...

Stock market today: Rising tech stocks pull Wall Street to another record

Dec. 02, 2024 17:14 PM EST

NEW YORK (AP) — Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. The S&P 500 rose 0.2% from its all-time high set on Friday to post a record for the 54th time this year. The Dow Jones Industrial Average fell 128 points, or 0.3%, while the...

Can AI chatbots make your holiday shopping easier?

Dec. 02, 2024 16:49 PM EST

Tired of thinking about what gifts to get everyone this year? Artificial intelligence chatbots might help, but don't expect them to do all the work or always give you the right answers. Anyone scouring the internet for Cyber Monday deals is likely going to encounter more...

Shopping on Shein and Temu for holiday gifts? You're not the only one.

Dec. 01, 2024 07:32 AM EST

Shopping on Temu can feel like playing an arcade game. Instead of using a joystick-controlled claw to grab a toy, visitors to the online marketplace maneuver their computer mouses or cellphone screens to browse colorful gadgets, accessories and trinkets with prices that look too good to refuse. ...

Why your favorite catalogs are smaller this holiday season

Nov. 30, 2024 07:18 AM EST

PORTLAND, Maine (AP) — Honey, they shrunk the catalogs. While retailers hope to go big this holiday season, customers may notice that the printed gift guides arriving in their mailboxes are smaller. Many of the millions of catalogs getting sent to U.S. homes were...

Retailers coax Black Friday shoppers into stores with big discounts and giveaways

Nov. 29, 2024 18:15 PM EST

NEW YORK (AP) — Retailers used giveaways and big discounts to reward U.S. shoppers who ventured out for Black Friday even as earlier offers, the prospect of better bargains in the days ahead and the ease of e-commerce drained much of the excitement from the holiday shopping season's much-hyped...

SunFed cucumbers and Costco eggs recalled due to potential salmonella contamination

Nov. 29, 2024 16:30 PM EST

Cucumbers shipped to the U.S. and Canada, and organic eggs sold in 25 Costco stores in five southern U.S. states, were recalled this week for potential salmonella contamination. The cucumber outbreak sickened 68 people, including 18 who were hospitalized, in 19 states, the Centers...

Mexico raids stores selling counterfeit or contraband Asian goods, pledges a nationwide crackdown

Nov. 29, 2024 14:28 PM EST

MEXICO CITY (AP) — Mexican authorities raided a massive complex of stores selling counterfeit Chinese and other Asian goods in downtown Mexico City, and vowed Friday to take the crackdown nationwide. Over 200 police, marines and inspectors raided a building known as “Mexico...

Why retailers still see Black Friday as the high point of the holiday shopping season

Nov. 28, 2024 12:33 PM EST

NEW YORK (AP) — After weeks of plugging increasingly inviting discounts, retailers in the United States and several other countries are preparing for prime time: Black Friday, the bargain bonanza that still reigns as the unofficial kickoff of the holiday shopping season even if it's lost some...

Black Friday: What time do stores open?

Nov. 28, 2024 06:06 AM EST

Black Friday has become something of an anachronism in the e-commerce era. The day after Thanksgiving marks the official start of the holiday shopping season, but retailers already have spent weeks flooding their websites and customers' email inboxes with early Black Friday offers. ...