Halloween spending is likely to reach $11.6 billion after last year’s record-setting $12.2 billion spend, according to the National Retail Federation’s annual survey conducted by Prosper Insights and Analytics. Survey respondents who said they would take part in...
Retail sales in the 2024 holiday shopping period from November 1 to December 24, excluding automotive results, should increase by 3.2% across all forms of payment, according to Mastercard SpendingPulse. Mastercard pointed out early shopping and the calendar will play...
Amazon has revealed a program to raise the pay of front-line employees and provide them with free Prime membership. In a blog post, Udit Madan, vice president, Amazon Worldwide Operations, pointed out that as early as 2018, Amazon increased its starting wage to...
The Walmart Holiday Deals event runs October 8-13 with bargains on gifts and early access for the company loyalty program members. Walmart reported almost 50% of consumers had begun their holiday shopping by August and September. As seasonal shopping rolls along,...
Target Corp. announced it named PepsiCo. veteran Jim Lee CFO and a member of its leadership team. Lee will supervise financial planning and analysis, finance capabilities, internal audit, accounting, investor relations, treasury, tax, risk, financial products and...