Latest Holiday spending News

FILE - In this Aug. 4, 2020 file photo, shoppers take purchases to their vehicle in the parking lot of a Target store in Marlborough, Mass.  Target’s strong sales streak extended through the holiday season, as shoppers snapped up everything from clothing to home goods during the pandemic. The Minneapolis company reported Wednesday, Jan. 13, 2021, that its online sales surged 102% for the November and December period. (AP Photo/Bill Sikes)

Target continues to thrive in whirlwind retail environment

Jan. 13, 2021 6:36 PM EST

NEW YORK (AP) — Target's strong sales streak extended through a pandemic-shrouded holiday season after a hard push online and an increased effort to provide alternatives to customers who are trying to minimize risk. The retailer reported Wednesday that online sales surged 102% between November and...

Holiday sales tick up as shoppers invest in their homes

Dec. 26, 2020 4:56 PM EST

NEW YORK (AP) — Retail sales increased a modest 3% during a longer holiday season this year, as homebound shoppers spent more on furnishing and food but less on clothing and jewelry, according to figures released Saturday by a firm that tracks all forms of payments. The increase fell short of predictions...

A customer is shown at the exchanges and return counter in a Target department store early Wednesday, Dec. 23, 2020, in Glendale, Colo.  Shoppers, who can't touch or feel products they're ordering,  are expected to return items during the holiday season at a rate double from last year, costing retailers roughly $1.1 billion, according to Narvar Inc.,  a software and technology company that manages online returns for hundreds of brands.  That puts retailers in a conundrum: they don't want the returns, but they also want to make shoppers feel comfortable to freely buy without worry.  (AP Photo/David Zalubowski)

Retailers brace for flood of returns from online shopping

Dec. 24, 2020 12:24 PM EST

NEW YORK (AP) — A huge surge in online shopping during the pandemic has been a savior for retailers, but it comes at a price. Shoppers are expected to return twice as many items as they did during last year's holiday period, costing companies roughly $1.1 billion, according to Narvar Inc., a software and...

Shanita Matthews pauses as she speaks in her home, Wednesday, Dec. 23, 2020, in Suwanee, Ga. Matthews had to close her wedding business because of the coronavirus outbreak. (AP Photo/John Bazemore)

'We are struggling': A bleak Christmas for America's jobless

Dec. 24, 2020 8:57 AM EST

NEW YORK (AP) — Last Christmas, Shanita Matthews cooked up a feast for her family of three: Roast chicken, barbecue spareribs, spinach, macaroni and cheese. This year? They’ll stick with tuna fish and crackers, among the few items she can afford at the supermarket. “We’re not really...

A Target employee places a curbside pickup purchase into the trunk of a customer in Jackson, Miss., Thursday, Nov. 5, 2020.  After a weak start to the holiday season for many mall-based retailers, the strugglers are making their final push in the final days before and the week after Christmas. Many are stepping up discounts while heavily promoting curbside pickup as a way to get shoppers, worried about being infected with  the virus,  to visit their stores. But experts believe that any burst of sales will be too little and too late to save some stores.  (AP Photo/Rogelio V. Solis)

The holidays could make or break struggling stores

Dec. 21, 2020 2:57 PM EST

NEW YORK (AP) — Clothing stores and specialty retailers are offering big discounts and heavily promoting curbside pickup in hopes of rescuing a lackluster holiday shopping season in which surging coronavirus cases have kept many shoppers at home. For some, it could be their last chance at survival. And...

This undated photo provided by Apple shows pair of AirPods Max, Apple's newest wireless headphones. Apple is rolling out the latest product for the holiday shopping season, that will test how much people are willing to splurge on for high-quality sound. (Apple via AP)

Apple unveils headphones that cost twice as much as AirPods

Dec. 8, 2020 2:21 PM EST

SAN RAMON, Calif. (AP) — Apple has one more thing for the holiday shopping season: over-the-ear, wireless headphones that will test how much people are willing to splurge on for high-quality sound. The headphones, called AirPods Max, will cost $549 — far more than similar products from Bose and Sony...

Shoppers walk in a rainstorm, Monday, Nov. 30, 2020 in New York. With people staying home as virus cases surge, Cyber Monday is expected to be the biggest online shopping day yet, bringing in nearly $13 billion in one day. (AP Photo/Mark Lennihan)

This holiday season, everyone is shopping from home

Nov. 30, 2020 5:42 PM EST

NEW YORK (AP) — The viral pandemic is accelerating a transformation of America's holiday shopping season. Few people showed up at the mall this weekend, with millions of pandemic-wary shoppers staying home to shop online. The result? Overall holiday sales are projected to rise a slight 0.9% in November...

Amanda Perrone shops for Christmas decorations on Black Friday, at Corky's Garden Path Greenhouse in Scott Twp., Pa. on Friday, Nov. 27, 2020. (Christopher Dolan/The Times-Tribune via AP)

VIRUS TODAY: Black Friday shoppers stay home

Nov. 29, 2020 12:52 PM EST

Here's what's happening Friday with the coronavirus pandemic in the U.S.: THREE THINGS TO KNOW TODAY — The coronavirus pandemic kept crowds thin at malls and stores across the country on Black Friday, but a surge in online shopping offered a small beacon of hope for struggling retailers after months of...

Shoppers pass an Indigo Friday 40% Off sign Saturday, Nov. 28, 2020, on Chicago's famed Magnificent Mile shopping district. (AP Photo/Charles Rex Arbogast)

Black Friday sees record online as US shoppers stay home

Nov. 28, 2020 4:27 PM EST

Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones. Consumers spent an estimated $9 billion on U.S. retail websites on Black Friday, according to Adobe Analytics, which tracks online shopping. That was a 22% increase over the previous record...

Posters on precautions against the coronavirus are displayed at a subway station in Seoul, South Korea, Tuesday, Nov. 24, 2020. The signs on posters read

Correction: Virus Outbreak-The Latest story

Nov. 27, 2020 7:31 PM EST
In a story Nov. 25, 2020, about a new U.S. estimate of missed coronavirus infections, The Associated Press erroneously reported an earlier calculation by the Centers for Disease Control and Prevention. Previously, the CDC estimated nine of every 10 cases were being missed, not one of every 10.