Online sales remained weak this year through early February, Alibaba CEO Daniel Zhang said during a quarterly earnings call.
Rising food costs are pushing consumers to get more creative about where they go for groceries.
As Black Friday kicks off the holiday shopping season, we’re getting a clearer picture of how Americans plan to spend amid inflation and recession fears.
Black Friday weekend will take on additional importance this year after retailers like Target and Macy’s reported a recent lull in sales.
Bargain-hunting shoppers will be expecting retailers to cut prices by a greater margin this year as they tighten their belts amid a worsening cost-of-living crisis.
Club holding Amazon (AMZN), a leading retailer for holiday sales and promotions, should be a top destination for American bargain-hunters this holiday season.