Shoppers

Pedestrians walk by an advertisement for Klarna.Daniel Harvey Gonzalez | In Pictures via Getty ImagesWhen she started shopping for the holidays late last year, Kiki Andersen was struggling to buy her loved ones gifts. So she turned to a novel solution to get through the season: Buy now, pay later. The 31-year-old comedian from Los Angeles used Klarna and PayPal to split a variety of purchases into four interest-free payments spread out over a series of weeks. At the time, her upfront cost was about a quarter of the…

Rent the Runway is betting that clothing from designers Diane von Furstenberg and Jason Wu can get customers to keep their subscriptions. Rival clothing subscription service Stitch Fix is staking its future on private brands.The different directions are part of companies’ bids to stem steep subscriber losses in recent months and declines in their stock-market valuations. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Rent the Runwayis betting that clothing from…

During the COVID-19 pandemic, we witnessed people going crazy in stores for such basic care items like toilet paper. And no wonder why — they were scared and felt like stocking up.But sometimes, people go crazy for certain items at the store for less obvious reasons. The best example would be the current craziness of people for limited edition Stanley cups released by Starbucks and Target. The situation became so uncontrollable that certain shops had to come up with new rules for customers to buy the cup.More info:…

Examples of curvy (top) versus sharp (bottom). Credit: University of South Florida As you shop online, you may be drawn to digital ads with curvy designs without even realizing it. According to a new study from the University of South Florida, consumers click on curvy call-to-action buttons, such as "Shop Now" or "Add to Cart," at a significantly higher rate than those with sharp angles. …

Sebastian Siemiatkowski is a co-founder and CEO of Klarna, the Sweden-based company that’s one of the world’s biggest providers of buy now, pay later services to customers. Klarna started off in Europe and entered the U.S. market in 2015.Buy now, pay later has become an increasingly popular option for consumers for purchases: its usage is up 10-fold since the pandemic and U.S. regulators see it as potentially a more sustainable way for borrowers to pay for purchases instead of using credit cards.Siemiatkowski spoke to the…

by ALEXA ST. JOHN and TOM KRISHER Credit: Pixabay/CC0 Public Domain Despite new electric vehicle market share and sales hitting a record in the U.S. this year, EV growth is starting to slow and fall short of the auto industry's lofty ambitions to transition away from…

 Holiday shoppers in the U.S. are seeking out the best deals and strategically nabbing the deepest discounts ahead of Cyber Monday, according to data from retailer websites aggregated by third parties. Cyber Monday, as the first Monday after the Thanksgiving holiday has become known as merchants step up online promotions, is set to be the biggest online shopping day of the year in the United States.Strong online traffic on Black Friday demonstrated a notable pattern of shoppers putting time and effort into selecting the…

Holiday shoppers in the US are seeking out the best deals and strategically nabbing the deepest discounts ahead of Cyber Monday, according to data from retailer websites aggregated by third parties.Cyber Monday, as the first Monday after the Thanksgiving holiday has become known as merchants step up online promotions, is set to be the biggest online shopping day of the year in the United States. Strong online traffic on Black Friday demonstrated a notable pattern of shoppers putting time and effort into selecting the…

Black Friday sales show US shoppers are watching their wallets and holding out for deeper discounts, which sets retailers up for a subdued holiday shopping season and potentially lackluster earnings results early next year.  Consumers aren't spending at the same pace they did during the past couple of years, when the holidays were marked by post-pandemic splurges. While estimates on brick-and-mortar Black Friday sales won't be available for some time, Salesforce Inc. expects online US sales to grow 1% in November and…

 At a whopping $9.8 bn, Black Friday shoppers have created an online spending record, Adobe Analytics reported, offering a positive sign for retailers facing lackluster sales forecasts for the holiday season. Demand for electronics, smartwatches, TVs and audio equipment helped boost the day's online sales by 7.5% compared with last year. Consumers extended their budgets by leaning on buy-now, pay-later options, which climbed by 72% from the week before Thanksgiving. The uptick marks a recovery from last year's holiday…