New York CNNBusiness — There’s at least one group of shoppers excitedly hitting malls this holiday season — and they don’t seem to be too bothered about pesky inflation eating into their discretionary dollars. They’re Gen Z. And the way they shop matters. This cohort of consumers born between 1997 […]
Inflation
While there are still a few months to go before the start of the 2022 holiday season, that hasn’t stopped some consumers from thinking about getting a jump-start on holiday shopping. On top of the usual stress related to snagging the perfect presents for loved ones, a recent rise in […]
Shoppers hold hands at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters Retailers are scrambling to prepare for the fast-approaching holiday shopping season, but sales growth is expected to be muted this year as consumers cope with tightening budgets. A spate of […]
In the thick of the pandemic last year, Bottega Veneta, Louis Vuitton, Chanel and other luxury brands raised prices on some of their most coveted items. Several, including Chanel and Gucci, did so twice. Some customers took to social media to complain — was a beaded necklace really worth over […]
