Stanley is looking to change that with some hip boutiques (do youths still say “hip”?) that’ll impress tourists and locals alike
“It used to be you could always count on the America consumer to spend, and it’s not so much the case anymore,” said Hettlinger, the new chief financial officer at Goodwill Industries of Denver. “Everyone has gotten a little more frugal, a little smarter.”
Amazon says it shipped a record number of items worldwide for the holidays, with Christmas Eve the biggest day ever for deliveries using the company’s Prime Now service. The service offers free two-hour delivery to more than 20 metropolitan areas, up from just Manhattan, where the service launched last year.
Think finding the perfect gift is a thankless task? Try being one of the “elves” who work retail to help make the season happen.
The National Retail Federation, based in Washington, D.C., predicts holiday spending will be up 3.7 percent to $630.5 billion, slower than the 4.1 percent increase during last year’s November-December period.
Data suggests it’s a fast growing area of retail: Shoppers seem to have resale value in mind. According to a survey conducted last year by market research firm The Intelligence Group’s Cassandra Report, 44 percent of 900 shoppers between the ages of 14 and 34 think of resale value when they purchase things like electronics, furniture and clothing.