Online Holiday Sales Surge 8.7% to $241.4 Billion
Online holiday sales surged 8.7% to $241.4 billion, driven by deep discounts and the rise of AI-powered shopping assistants; Adobe Analytics data shows a 1% price drop boosted demand by 1%, adding $2.25 billion in spending.
Online Holiday Sales Surge 8.7% to $241.4 Billion
Online holiday sales surged 8.7% to $241.4 billion, driven by deep discounts and the rise of AI-powered shopping assistants; Adobe Analytics data shows a 1% price drop boosted demand by 1%, adding $2.25 billion in spending.
Progress
40% Bias Score
Record US Holiday Spending Amidst Rising Consumer Debt
US holiday spending is projected to reach a record $979.5 billion to $989 billion despite record-high credit card debt, with 36% of consumers incurring an average of $1,181 in debt this season, driven by high prices and inflation.
Record US Holiday Spending Amidst Rising Consumer Debt
US holiday spending is projected to reach a record $979.5 billion to $989 billion despite record-high credit card debt, with 36% of consumers incurring an average of $1,181 in debt this season, driven by high prices and inflation.
Progress
40% Bias Score
U.S. Holiday Spending Surges Despite High Interest Rates
Mastercard SpendingPulse data reveals a 3.8% increase in U.S. retail sales from November 1st to December 24th, 2024, compared to the same period in 2023, exceeding expectations and driven by online shopping and a search for value.
U.S. Holiday Spending Surges Despite High Interest Rates
Mastercard SpendingPulse data reveals a 3.8% increase in U.S. retail sales from November 1st to December 24th, 2024, compared to the same period in 2023, exceeding expectations and driven by online shopping and a search for value.
Progress
40% Bias Score
Holiday Decor Spending Surges as Consumers Shift Priorities
Amid rising costs, consumers are prioritizing holiday decorations over gifts, with spending on home-related items and decorations up 22% year-over-year to \$181 per respondent in a Deloitte survey, prompting retailers to offer diverse, value-driven options.
Holiday Decor Spending Surges as Consumers Shift Priorities
Amid rising costs, consumers are prioritizing holiday decorations over gifts, with spending on home-related items and decorations up 22% year-over-year to \$181 per respondent in a Deloitte survey, prompting retailers to offer diverse, value-driven options.
Progress
40% Bias Score
Mobile Shopping to Dominate US Holiday Spending
US holiday mobile shopping is projected to hit a record \$128.1 billion this year, a 12.8% increase, driven by Gen Z consumers and retailers' mobile app improvements; 53% of online spending is expected to be mobile.
Mobile Shopping to Dominate US Holiday Spending
US holiday mobile shopping is projected to hit a record \$128.1 billion this year, a 12.8% increase, driven by Gen Z consumers and retailers' mobile app improvements; 53% of online spending is expected to be mobile.
Progress
44% Bias Score
CFPB Sues Walmart, Holiday Sales Surge, Record Credit Card Debt
The CFPB is cracking down on unfair credit card practices, suing Walmart and Branch for allegedly forcing drivers into costly accounts, while holiday retail sales surged 3.8%, exceeding expectations; average U.S. credit card debt reached \$1.166 trillion.
CFPB Sues Walmart, Holiday Sales Surge, Record Credit Card Debt
The CFPB is cracking down on unfair credit card practices, suing Walmart and Branch for allegedly forcing drivers into costly accounts, while holiday retail sales surged 3.8%, exceeding expectations; average U.S. credit card debt reached \$1.166 trillion.
Progress
16% Bias Score
Record Holiday Spending Masks Mounting US Credit Card Debt
US holiday spending is projected to hit a record high between $979.5 billion and $989 billion despite record credit card debt; 36% of consumers used credit cards this season, incurring an average debt of $1,181, up from $1,028 in 2023.
Record Holiday Spending Masks Mounting US Credit Card Debt
US holiday spending is projected to hit a record high between $979.5 billion and $989 billion despite record credit card debt; 36% of consumers used credit cards this season, incurring an average debt of $1,181, up from $1,028 in 2023.
Progress
52% Bias Score
Retailers Leverage Holiday Events and Social Media to Boost Sales Amid Increased Spending
Holiday shopper spending is projected at \$1,449 per person, a 36% increase over initial estimates; retailers are using in-person events and social media marketing to compete with online shopping and boost sales during the holiday season.
Retailers Leverage Holiday Events and Social Media to Boost Sales Amid Increased Spending
Holiday shopper spending is projected at \$1,449 per person, a 36% increase over initial estimates; retailers are using in-person events and social media marketing to compete with online shopping and boost sales during the holiday season.
Progress
40% Bias Score
Spaniards Opt for Alternative Christmas Celebrations, Driving Tourism Boom
A significant 55% of Spaniards plan to celebrate Christmas outside their homes this year, favoring hotels (56%), with Madrid leading as the top destination, showing an 85% occupancy rate in vacation rentals and over 90% in hotels, while unique venues like converted warehouses and lofts are also gain...
Spaniards Opt for Alternative Christmas Celebrations, Driving Tourism Boom
A significant 55% of Spaniards plan to celebrate Christmas outside their homes this year, favoring hotels (56%), with Madrid leading as the top destination, showing an 85% occupancy rate in vacation rentals and over 90% in hotels, while unique venues like converted warehouses and lofts are also gain...
Progress
48% Bias Score