Holiday shopping

US Tariffs Fuel Holiday Price Hikes, Impacting Consumer Spending

The holiday season has presented unique challenges for retailers, with many experiencing increased costs and cautious consumer spending. Rising prices for imported goods, impacted by tariffs imposed on various products, including toys, electronics, and decorations, have forced businesses to adjust their strategies. Consequently, consumers have faced higher prices on popular holiday gifts, prompting some to scale back their purchases or seek out more affordable alternatives. Industry experts suggest exploring options like secondhand stores and domestically produced goods to navigate these economic pressures.

Read More

Toys R Us Returns with Holiday Stores: A Spirit Halloween Christmas?

To meet holiday shopping demands, Toys “R” Us will open 30 new locations across the U.S. this year. The expansion includes permanent flagship stores in eight states and 20 seasonal shops across 16 states, facilitated through a partnership with Go! Retail Group. This move marks a significant comeback for the retailer, which filed for bankruptcy in 2017 and closed hundreds of stores before being acquired by WHP Global in 2021. The brand has already launched pop-up shops within Macy’s and plans to expand to airports and cruise ships.

Read More

Amazon Workers Strike During Peak Holiday Season

Amazon workers are planning to strike at multiple US warehouses during the peak of the holiday shopping season. This strategic action aims to pressure the retail giant into improving working conditions and wages for its employees. The timing, however, has sparked debate, with some suggesting a strike earlier in December would have had a more significant impact.

The timing of the strike is crucial. Many online shoppers complete their purchases well in advance of Christmas, meaning a significant portion of deliveries may already be complete or en route. This could potentially lessen the impact of the strike on Amazon’s overall delivery schedule and diminish the pressure on the company.… Continue reading