-
Best Buy, Target will offer early holiday sales, close on Thanksgiving
As supply chain worries have consumers shopping earlier for the holidays, retailers including Best Buy are planning early sales like last year. Many retail analysts are predicting that popular items might sell out by next month because of supply chain bottlenecks that have national retailers like Target chartering their own cargo ships and finding other creative solutions. “We’ve been navigating this for almost 20 months,” said Best Buy CEO Corie Barry, who was on the “Today” show on Thursday morning to talk about the shipping crisis causing retailers to start prepping for the holidays early. “Consumer electronics was one of the first categories to really pop. … And so our…
-
Affirm stock jumps on deal with Target ahead of holiday shopping
A shopper leaves a Target store in New York, August 15, 2021. Scott Mlyn | CNBC Affirm shares jumped closed up 20{3132c872e6c78dc13c400a594a399f7f701f7fca090fe22c84668d12b33a9deb} on Wednesday after retail chain Target began offering its customers the online lender’s installment loan service for purchases of over $100. Target said in a blog post that it’s partnering with Affirm and smaller rival Sezzle as consumers gear up for the holiday shopping season. “We know our guests want easy and affordable payment options that work within their family’s budget,” says Gemma Kubat, Target’s president of financial and retail services, in the post. Buy now, pay later, or BNPL, services, which are installment loans that often come with…
For Travel Enthusiasts
