Sunday, November 27, 2022

Academic Minute | Psychological Ownership and Shopping

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Americans already setting shopping records this holiday season - CBS Miami

MIAMI – The holiday shopping week is setting records and still going strong both in stores and online sales thanks to Small Business Saturday. All across the country, Americans were on a big shopping spree this weekend to buy small. 

Business owners are grateful to see customers in their stores after what many say has been a tough year with high inflation and increased labor costs.  

Twitter: @CBSMiami
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JCPenney was once a shopping giant. Can it make a comeback? | CNN Business

A stalwart of twentieth-century retail for middle-class Americans seeking affordable clothing and home furnishings, JCPenney has struggled for more than a decade and fell into bankruptcy shortly after the Covid-19 pandemic in 2020.

But Rosen, a retail veteran who previously worked at Walmart and Levi's, said he "did not have any personal hesitancy at all" about trying to revitalize the 120-year-old brand and protect JCPenney from extinction like Barney's, Lord & Taylor, Century 21 and other shuttered retailers.

Publisher: CNN
Date: 2022-11-27T14:52:24Z
Author: Nathaniel Meyersohn
Twitter: @CNNbusiness
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How to set your Cyber Monday shopping strategy | WRIC ABC 8News

( NerdWallet ) – The Monday following Thanksgiving, known as Cyber Monday, has historically been a one-day, online-exclusive sale event.

A solid strategy can help you make the most of Cyber Monday without busting your budget. Here’s what to do.

Cyber Monday (Nov. 28 this year) is a great opportunity to save money if the deals match your shopping. So what’s likely to go on sale?

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Publisher: WRIC ABC 8News
Date: 2022-11-27T17:01:24 00:00
Author: Lauren Schwahn NerdWallet and Nexstar Media Wire
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5 ways to save money on holiday shopping this season

This holiday shopping season is shaping up to be longer, pricier and in some ways more chaotic than in previous years, which makes it easy to overspend. But there are also opportunities for significant savings if you know where and how to search for them.

"There are supply chain issues, inflation, major retailers reducing inventory — when you put all of that together, it looks like a recipe for disaster," says Jill Cataldo, a consumer coupon expert based in Chicago. Her solution? "I started shopping now.

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Publisher: FOX40
Date: 2022-11-27T15:00:00 00:00
Author: NerdWallet Nexstar Media Wire and Kimberly Palmer
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City's small stores optimistic about holiday shopping - Evanston RoundTable

"It was extremely successful. The reports came in that said our businesses are really supported by our community," Angela Shaffer, executive director for the Central Street Evanston district said.

"It seems the foot traffic was up from last year, but we're still down from pre-pandemic levels," Annie Coakley, executive director for the district said.

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Publisher: Evanston RoundTable
Date: 2022-11-27T02:20:24 00:00
Author: Manan Bhavnani
Twitter: @EvRoundTable
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Holiday shopping seen solid, despite inflation | CNN Business

Holiday shopping isn't what it used to be. But many Americans are still expected to spend on Black Friday, and into the season.

Mastercard projects that sales will grow 15% on Black Friday compared with last year. Spending will be driven by shopping in stores, which was more muted last year due to a winter Covid-19 surge. In-store sales will grow 18% this year, Mastercard estimates.

Publisher: CNN
Date: 2022-11-25T15:30:51Z
Author: Nathaniel Meyersohn
Twitter: @CNNbusiness
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Biden, family hit Nantucket stores for some holiday shopping

NANTUCKET, Mass. (AP) — President Joe Biden went holiday shopping on the Massachusetts resort island where he spends Thanksgiving, patronizing smaller independently owned stores on what the retail industry has called "Small Business Saturday."

Biden, his wife, Jill, and daughter Ashley went from store to store on Main Street in downtown Nantucket, lingering at Polo Ralph Lauren, Murray's Toggery Shop and The Black Dog, among other establishments.

Publisher: Boston.com
Date: 2022-11-27T12:58:00 00:00
Twitter: @BostonDotCom
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The day after Black Friday is all about shopping local

ST. ALBANS, Vt. (WCAX) - Major retailers get a lot of attention on Black Friday… but the day after is all about shopping local.

"Everybody wants to go out and feel like they've done so good in their community. Shopping is a fun thing to do for your community," said Jessica Gaudette, the owner of As the Crow Flies, a kitchen supply store in St. Albans.

Publisher: https://www.wcax.com
Twitter: @wcax
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Doctors study implications of Black Friday shopping | WKBN.com

(WKBN) – Black Friday has come and gone. The unofficial holiday brings in crowds to local shopping centers and malls. Besides great deals, why do we decide to fight the crowds on Black Friday?

There are always big crowds and long lines. The reward is amazing sales. People look forward to the unofficial holiday every year. But why?

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Publisher: WKBN.com
Date: 2022-11-27T11:33:55 00:00
Author: Hanna Erdmann
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