An “early holiday rush” was almost nonexistent this year

SalesMoney MattersInflation
Written By Jennifer Joslyn

🛍️ An “early holiday rush” was almost nonexistent this year.

In a 2022 shopping survey conducted by Supply Chain Brain of 3,138 U.S. adults, 50% said that they did not begin holiday shopping until November. Almost 30% waited to start holiday shopping until after the infamous Black Friday spree. With inflationary and supply chain issues still at the forefront, American consumers are struggling to make ends meet and spending is staying slightly muted - even during the busiest time of the year.

Read more from Supply Chain Brain ▶

Featured
Retailers Expect Middle-Market Demand This Holiday Season
Retailers Expect Middle-Market Demand This Holiday Season

U.S. retailers are gearing up for a cautious but steady holiday season, focusing on mid-range price items, according to a CNBC Supply Chain Survey.

Record Online Spending and the 'Buy Now, Pay Later' Trend
Record Online Spending and the 'Buy Now, Pay Later' Trend

During the holiday season, online spending hit a record high, increasing by 4.9% year over year, totaling $222.1 billion, according to Adobe Analytics.

Major Economic Concerns Amid Record Thanksgiving Shopping Weekend
Major Economic Concerns Amid Record Thanksgiving Shopping Weekend

A recent Fox News poll revealed that more than 75% of Americans are worried about the state of the economy.

Viral Thanksgiving Traffic Video in Los Angeles Sparks Amazement, Frustration, and Political Debate
Viral Thanksgiving Traffic Video in Los Angeles Sparks Amazement, Frustration, and Political Debate

A video showing heavy Thanksgiving travel traffic on the 405 Freeway in Los Angeles has gone viral on social media, with people expressing both amazement and frustration at the congestion.

Walmart's Stock Surges to Record High as Investors Bank on Holiday Season Success
Walmart's Stock Surges to Record High as Investors Bank on Holiday Season Success

Walmart's stock reached an all-time high, hitting $166.30, as investors anticipate the retail giant to outperform its competitors during the holiday season due to its reputation for offering value.

Holiday Shoppers Expected to Boost Spending
Holiday Shoppers Expected to Boost Spending

Holiday shoppers are expected to increase their spending this year, but their focus on value and deals is likely to limit growth to pre-pandemic levels, says the National Retail Federation (NRF).

UPS Set to Hire Over 100,000 Holiday Workers, Matching Last Year's Numbers
UPS Set to Hire Over 100,000 Holiday Workers, Matching Last Year's Numbers

UPS is gearing up for the holiday season by planning to hire more than 100,000 workers, a number consistent with its hiring levels over the past three years.

Amazon Plans to Hire 250,000 Logistics Workers for Holiday Season Amid Retail Hiring Decline
Amazon Plans to Hire 250,000 Logistics Workers for Holiday Season Amid Retail Hiring Decline

Amazon.com Inc. is planning to hire 250,000 logistics workers for the upcoming holiday season.

U.S. Postal Service Ends Holiday Surcharges for Competitive Edge
U.S. Postal Service Ends Holiday Surcharges for Competitive Edge

The U.S. Postal Service has announced that it will not impose peak season surcharges during the upcoming holiday season.

Only 9% of Consumers Anticipate Increased Holiday Spending This Season
Only 9% of Consumers Anticipate Increased Holiday Spending This Season

A survey conducted by Gartner, Inc. reveals that only 9% of consumers plan to increase their holiday spending this year, indicating cautious consumer sentiment.

Bristol Gears Up for 238th Parade: America's Oldest Continuous Fourth of July Celebration
Bristol Gears Up for 238th Parade: America's Oldest Continuous Fourth of July Celebration

Residents and visitors eagerly lined the streets of Bristol in the early morning to secure a prime spot for the Fourth of July parade.

Escalating Airline Delays and Cancellations Cast a Shadow on the Upcoming Holiday Weekend
Escalating Airline Delays and Cancellations Cast a Shadow on the Upcoming Holiday Weekend

Airline delays and cancellations continue to plague travelers in the United States, raising concerns as the long July 4 holiday weekend approaches.

Lunar New Year hints at renewed port congestion after covid policies have been lifted
Lunar New Year hints at renewed port congestion after covid policies have been lifted

China’s “zero-covid” policies created massive lockdowns that softened the container delays and port congestion issues over the past few years.

UPS expects 70M return parcels after the 2022 peak season
UPS expects 70M return parcels after the 2022 peak season

With projections to make any delivery driver gulp, the delivery giant UPS is expecting that it will handle up to 70 million packages in retail returns after the holiday season rush - and that’s just their company, alone.

The Southwest Airlines holiday debacle, explained
The Southwest Airlines holiday debacle, explained

Logistics Viewpoints is diving into the hottest topic during the week between Christmas and New Year’s: Southwest Airlines’ massive corporate collision of bad weather, poor customer service, and angry customers.

Truck thefts are on the rise in California, Texas, and Georgia
Truck thefts are on the rise in California, Texas, and Georgia

According to CargoNet, a total loss value of $6,033.572 has already been recorded between August 1st and December 14th of 2022.

Secretary Buttigieg advocates on behalf of disappointed holiday travelers
Secretary Buttigieg advocates on behalf of disappointed holiday travelers

The U.S. Department of Transportation Secretary spoke out on CNBC’s Power Launch show, reminding holiday travelers to check in with their airlines and find out if ticket changes are available.

Chicago winter storm threatens to disrupt Christmas travel
Chicago winter storm threatens to disrupt Christmas travel

Several airlines such as United Airlines Holdings Inc., Delta Air Lines Inc., and American Airlines Group Inc. have issued travel waivers to passengers for rebooking holiday travel plans.

An “early holiday rush” was almost nonexistent this year
An “early holiday rush” was almost nonexistent this year

In a 2022 shopping survey conducted by Supply Chain Brain of 3,138 U.S. adults, 50% said that they did not begin holiday shopping until November.

Television sets can be great gifts for truckers
Television sets can be great gifts for truckers

Oftentimes, tv can be a great addition to a cab for a truck driver turning in for the night.

Wreaths Across America event will stretch from Columbia Falls, Maine to Arlington National Cemetery in Virginia
Wreaths Across America event will stretch from Columbia Falls, Maine to Arlington National Cemetery in Virginia

The event will fall on December 17th and approximately 2.5 million wreaths will be delivered to more than 3,700 cemeteries.

196.7 million Americans shopped in stores and online on the Thanksgiving Holiday Weekend
196.7 million Americans shopped in stores and online on the Thanksgiving Holiday Weekend

This is a new record, according to the National Retail Federation and Prosper Insights & Analytics.

USPS is prepared for the 2022 peak season “boom”
USPS is prepared for the 2022 peak season “boom”

After previous years provided to be a disaster, the United States Postal Service is more equipped to handle the 2022 peak season rush than years before.

Overproduction accounts for $163 billion in waste and losses each year
Overproduction accounts for $163 billion in waste and losses each year

Avery Dennison, a Fortune 500 materials science and digital identification solutions company, published data in a global report in early November.

Retail imports to the U.S. are slowing down as peak season approaches
Retail imports to the U.S. are slowing down as peak season approaches

In the Global Port Tracker report released by the National Retail Federation and Hackett Associates, there has been a steady downhill trajectory since May, when the record amount sat at 2.4 million TEUs.

Despite inflationary challenges, the economy appears strong as the holidays approach
Despite inflationary challenges, the economy appears strong as the holidays approach

The National Retail Federation (NRF) is now forecasting strong holiday sales despite sky-high interest rates and growing inflation - which is confounding to some.

Customers know what’s best.. and that means shopping early
Customers know what’s best.. and that means shopping early

Consumers are starting their holiday shopping earlier than ever this year.

Anticipate stocked merchandise during the upcoming holiday season
Anticipate stocked merchandise during the upcoming holiday season

Don’t worry, the Black Friday retail locations will be full.

Labor Day weekend records travel spike beyond pre-pandemic levels
Labor Day weekend records travel spike beyond pre-pandemic levels

Did you fly on an airplane over Labor Day weekend? You and everyone else.

4th of July gasoline prices fluctuate
4th of July gasoline prices fluctuate

The average price per gallon fell to $4.857 on June 29th, falling from the record high above $5 in the weeks previous.

Jennifer Joslyn
Previous

Insurance companies are backing away from coverage of vessels going to Russian or Ukrainian ports.
Next

American retailers are asking suppliers to slow down on sending merchandise