Latest Holiday shopping News

December retail sales slip after a record holiday season

Jan. 14, 2022 13:15 PM EST

NEW YORK (AP) — Americans overlooked shortages, spiking prices and uncertainty over the omicron variant to break spending records during the critical holiday shopping season. But figures released Friday show that after spending robustly early in the holiday season, consumers sharply slowed their...

Holiday gift returns may end up with this Bethesda company

Jan. 01, 2022 09:08 AM EST

BETHESDA, Md. (AP) — Bethesda, Maryland-based Liquidity Services has been helping retail, industrial and government clients capitalize on returned merchandise, overstocked goods and excess inventory for more than 20 years. And it will be a big part of repurposing gift returns again this...

2 men charged in shooting at packed Chicago-area mall

Dec. 29, 2021 17:01 PM EST

CHICAGO (AP) — Two Chicago men have been charged in a shooting at a suburban Chicago shopping mall that wounded four bystanders and sent thousands of last-minute Christmas shoppers running for cover last week. Tyran Williams, 32, and Steve Lane, 29, face multiple felonies,...

How major US stock indexes fared Wednesday

Dec. 29, 2021 16:27 PM EST

Stocks ended another wobbly day mostly higher, enough for the S&P 500 to notch another record high. Retailers and companies reliant on consumer spending were among the better performers coming off the Christmas holiday shopping season. With two trading days left...

Despite supply issues and omicron, holiday sales rise 8.5%

Dec. 26, 2021 16:40 PM EST

Holiday sales rose at the fastest pace in 17 years, even as shoppers grappled with higher prices, product shortages and a raging new COVID-19 variant in the last few weeks of the season, according to one spending measure. Mastercard SpendingPulse, which tracks all kinds of payments...

Police search for gunman in Chicago-area mall shootout

Dec. 24, 2021 10:26 AM EST

OAK BROOK, Ill. (AP) — Police said Friday that they were searching for a man suspected of taking part in a shootout at a crowded suburban Chicago shopping mall in which four people were wounded, including another suspected gunman who was taken into custody. The shootout at the...

Consumer prices up 5.7% over past year, fastest in 39 years

Dec. 23, 2021 09:58 AM EST

WASHINGTON (AP) — U.S. consumer prices rose 5.7% over the past year, the fastest pace in 39 years, as a surge in inflation confronts Americans with the holiday shopping season under way. The November increase, reported Thursday by the Commerce Department, followed a 5.1% rise for...

'We have stock': Smaller stores aim for last-minute shoppers

Dec. 22, 2021 03:03 AM EST

NEW YORK (AP) — After a wearying nearly two years of the pandemic, independent retailers are cautiously hoping their holiday seasons will be bright, despite the challenges this year ranging from supply chain snags to shortages of hot holiday items. Many businesses ordered...

Inflation squeezes holiday budgets for low-income shoppers

Dec. 20, 2021 09:38 AM EST

NEW YORK (AP) — Emarilis Velazquez is paying higher prices on everything from food to clothing. Her monthly grocery bill has ballooned from $650 to almost $850 in recent months. To save money, she looks for less expensive cuts of meat and has switched to a cheaper detergent. She...

NFL teams taking extra precautions as COVID-19 cases spike

Dec. 15, 2021 17:51 PM EST

Maybe Baker Mayfield needed to follow the lead of Kareem Jackson. The Cleveland quarterback attended an event at a Boys & Girls Club, now has tested positive for COVID-19, and the youth organization had needed to take extra precautions. Jackson, a safety with the...