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AI shopping assistants have contributed to usa's "Cyber Monday" sales surpassing 13 billion dollars, a year-on-year increase of 7.3%.
According to a report by adobe, usa consumers reached an online spending of 13.3 billion dollars this year on "Cyber Monday", which is a 7.3% increase compared to Cyber Monday in 2023, surpassing the 10.8 billion dollars spent online on Black Friday. Caila Schwartz, director of consumer research at Salesforce, stated that generative ai tools can answer basic product queries from online shoppers, helping retailers protect their profit margins despite rising costs.
"Black Friday" flash report: The United States experiences a stark contrast between offline and online sales, with online shopping expected to set a new record.
Consumers are increasingly inclined to shop online. The data shows that physical store sales growth is less than 1%, while online sales have surged by 14.6%.
Promotions Drive Black Friday Weekend Gains, Retailers Stay Upbeat on Season
Can Trump's election boost retail? The test of 'Black Friday' is coming.
The media has found that voters supporting Trump are optimistic about the economic outlook, while Harris's supporters are more pessimistic. Behavioral finance experts say that Republican spending may be influenced by their optimistic sentiment, while the emotions of Democrats may suppress their spending.
Trump's tariffs raise concerns! The National Retail Federation: this could reduce the consumer purchasing power of Americans by $78 billion each year.
① The National Retail Federation reports that the tariffs proposed by Trump could cost usa consumers between 46 billion and 78 billion dollars each year. ② Tariffs will lead to price increases on outfits, toys, furniture, and other products, which will ultimately be passed on to consumers by retailers; ③ Wall Street investment banks have pointed out that the imposition of high tariffs could severely impact economic growth, and retailers may collectively raise prices.
New tactics against inflation! The consumer industry in the usa collectively prolongs "Black Friday".
In the face of stubborn inflation and rising prices, usa consumers are no longer impulsively "buying more", they are paying more attention to discounts and high cost performance. To cope with inflation and stimulate consumption, retail giants such as walmart and amazon have extended the "Black Friday" shopping festival from one day to several weeks. Analysis suggests that Trump's rise to power may further exacerbate the inflation situation.
Gordon Brothers Agents $150M Debtor-in-Possession Term Loan for Big Lots
Is american spending slowing down? The largest retail industry organization has issued a warning that the growth rate of year-end holiday consumer spending is slowing down.
Although the National Retail Federation expects total holiday season spending to reach a new high, persistent high inflation continues to erode consumer purchasing power. The growth rate of this year's most important holiday sales will be lower than last year, and household spending will be more cautious. Consumer spending is a key pillar of the US economy, insufficient consumption power may lead to a pessimistic outlook on the economy.
BIG LOTS EXPANDS CREATOR, PUBLISHER PARTNERSHIP OPPORTUNITIES WITH LAUNCH OF AFFILIATE PROGRAM
U.K. Shoppers Keep Spending Amid Summer Sun
BIG LOTS BRINGS BACK 2-DAY 'FRIENDS & FAMILY' EVENT, OFFERING 20% OFF STOREWIDE, SEPT. 21-22
Benzinga Bulls And Bears: Nvidia, Apple, Lucid And — Dogecoin Surges On Elon Musk's Joke
BLACK FRIDAY IS EVERY FRIDAY AT BIG LOTS NOW THROUGH DEC. 6
Express News | Big Lots- of Aggregate Asset Impairment Charges Recorded in YTD 2024, $145 Mln Related to Store Closures Planned for Q3 2024
Express News | Big Lots: At This Stage, Co's Reorganization Plans Do Not Alleviate Substantial Doubt About Co's Ability to Continue as Going Concern - SEC Filing
10-Q: Q2 2025 Earnings Report
Express News | Big Lots Inc: Expects to Pay Vendors in Full Under Normal Terms for Any Goods Delivered and Services Provided After Filing
Express News | Big Lots Inc -a "Second Day" Hearing for Court to Consider Co's Requested Relief on Final Basis Is Currently Scheduled to Occur on October 9
Express News | Big Lots Inc - Nexus to Serve as 'stalking Horse Bidder' in Auction Process
Express News | Big Lots : Court Granted Interim Approval for Co to Immediately Access a Portion of Its $707.5 Mln Postpetition Financing Facilities