The website Offers.com conducted a holiday survey of 1,500 consumers in the U.S. that determined the average shopper will spend $625 on seasonal gifts this year.
FlexShopper, a national online lease-to-own retailer and LTO payment solution provider, has announced record year-over-year lease origination growth in December 2017, with gross lease originations increasing 27.5% to 25,140 from the month last year.
Cargo traffic at the nation’s container ports is expected to grow modestly in December, according to the National Retail Federation.
Based on a poll conducted earlier this month, Prosper Insight & Analytics stated that consumer sentiment fell in January from a 12-month high in December. But with 52.3% of consumers feeling confident or very confident in the prospects for a strong economy, it was up considerably from the month last year, when the figure was 42.5%.
Target Corp. announced that comparable sales during the combined November/December holiday period decreased 1.3%.
December retail sales gained substantially from November and, particularly, year over year, according to the United States Department of Commerce, boosted by e-commerce but restrained by department and electronics store results.
According to the Conference Board Consumer Confidence Index, shoppers visited stores in December expecting good things even if they weren’t necessarily experiencing good things.
According to Prosper Insights & Analytics, consumer sentiment leapt higher in early December when 54.5% of respondents in the company’s research said they were confident or very confident in the prospects for an improving economy, up from 42.7% in early November.