US and European retailers place holiday orders for Chinese-made Christmas goods

US and European retailers place holiday orders for Chinese-made Christmas goods

Suppliers to Walmart (WMT.N), Target (TGT.N), Amazon.com (AMZN.O) and other major retailers told Reuters they are placing holiday orders for Chinese-made merchandise weeks earlier this year, as a global shipping backlog threatens to leave many gift buyers empty-handed this Christmas shopping season. Reuters surveyed nearly a dozen suppliers and retailers of everything from toys to computer equipment in the United States and Europe. All expect weeks-long delays in holiday inventory due to shipping bottlenecks, including a global container shortage and the recent COVID-related closure of the southern Chinese port of Yantian, which serves manufacturers near Shenzhen. The risk for retailers […]

4 best deals to shop the day after Christmas

4 best deals to shop the day after Christmas

If you’re a late gift-giver, or want to exchange a gift you received this holiday season — you may be in luck. The day after Christmas has recently become a prime sales day, as stores look to get rid of unsold holiday merchandise. It also allows shoppers to score deals before the end of the year. It’s also important to be aware of what you’re planning to buy, as some items are priced higher after the holidays. With Black Friday season stretched out longer than ever this year during the coronavirus (COVID-19) pandemic, the time for holiday shopping feels even […]

Last minute shoppers forced to look to physical retail stores

Last minute shoppers forced to look to physical retail stores

Last minute holiday shoppers forced to visit stores to make purchases found reduced inventories and fewer promotions as depleted inventories allowed for more full-priced selling. Data from The NPD Group, Salesforce and the National Retail Federation show that as the holiday season draws to a closes sales have been stronger than might have been expected given the economic and societal challenges caused by COVID-19. Heading into the final weekend prior to Christmas shoppers were spending freely amid an environment of reduced discounting which bodes well for margins. For example: The NPD Group reported on Friday, Dec. 18, that sales in the […]

A Comprehensive Shopping Guide to Fall Sales

A Comprehensive Shopping Guide to Fall Sales

The fall season is right nearby, and our lives are going to require a refresh. Whether you seek to have a short break or upgrade your closet, there’s so much to fall for this season. Scoop up fantastic deals from your preferred shops, and don’t miss out on the huge savings. Read on to get a comprehensive shopping guide to the big fall sales. What Is The Fall Sales Fall Sales are a seasonal sales in between back-to-school season and Black Friday – merely a preview of the winter season sales. Fall is the best time to stockpile and save […]

6 Best After-Christmas Deals You Can’t Miss

6 Best After-Christmas Deals You Can’t Miss

The day after Christmas is a holiday, yet it suggests a day of work for retailers. Large retail chains will be open on that day for their annual after-Christmas sales and clearances. After-Christmas sales are supposed to be the most significant saving event of the year. It’s good news for consumers as everyone can find Black Friday types of deals at just clearance prices. Best Deals And Discounts To Get After Christmas If you missed Black Friday deals, take it easy; you can still snag numerous deals the day after Christmas. During After-Christmas sales, some things have deeper discounts than […]