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Retail

Thanksgiving weekend sees record numbers as promotions sway consumers

A record number of shoppers were reported to have turned out for the Thanksgiving holiday weekend, as compelling promotions and an extended five-day window encouraged engagement. The National Retail Federation’s (NRF) annual consumer survey, released alongside Prosper Insights & Analytics, recorded 202.9 million consumers across Thanksgiving Day...

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Business

Despite doubts over economy, Americans set for record holiday spending

Americans are expected to spend a record amount over the holiday season, despite lingering worries in the world's biggest economy about stubborn inflation, tariffs and the knock-on effects of the government shutdown. "Consumers remain pretty concerned about inflation and, there's no doubt, about where prices are going," Mark Mathews, chief...

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