Posts Tagged ‘holiday shopping’

The True Cost of the 12 Days of Christmas in 2017

Posted on December 15, 2017 by Laura Lam

Purchasing the gifts included in the classic holiday song “The 12 Days of Christmas,” will only cost 0.6% more than in 2016, according to the 34th annual holiday economic analysis by The PNC Financial Services Group.  PNC calculated the 2017 price tag for the PNC Christmas Price Index at $34,558.65. That’s just $200 more than last year’s cost and less than the government’s Consumer Price Index, which increased 2.2% through September for the past 12 months. “The U.S. economy is growing at a sustainable pace, fueled by higher consumer confidence, low unemployment, modest wage gains and low interest rates,” said…

What to Buy in October

Posted on October 06, 2017 by Laura Lam

When it comes to shopping, October is an odd month sitting smack in the middle of the back-to-school frenzy and the holiday extravaganza. But there are plenty of October deals to be had. The best buys range from leftover items from previous months to goods discounted in advance of the big shopping days to come. Halloween Stuff – Unless you bought a costume and decorations last November, when prices were at their lowest, be on the lookout for bargains this month. The closer the holiday, the bigger the deals, as retailers try to clear the shelves by Halloween. However you won’t find many…

Black Friday/Cyber Monday Online Sales Top Forecasts

Posted on November 28, 2016 by Laura Lam

Black Friday’s blockbuster online sales don’t appear to have come at Cyber Monday’s expense.  As of 10 a.m., retail websites had raked in $540 million on the reigning champion of digital shopping days. That level of spending puts Cyber Monday on pace to reach a record $3.36 billion, on growth of 9.4%, according to Adobe Digital Insights. The firm’s update comes fresh off the heels of a larger-than-expected lift in Black Friday online revenue, which some had worried might eat into Cyber Monday’s sales. Digital revenue on Black Friday rose 21.6% to $3.34 billion, easily topping Adobe’s forecast for $3.05…

2016 Black Friday & Holiday Spending Predictions

Posted on November 25, 2016 by Laura Lam

The holidays (and holiday shopping) are officially here!  Today is Black Friday and Cyber Monday is just three days away.  Thus begins the month-long sprint to Christmas and Hanukkah. Here are this year’s holiday stats and facts that are impacting the shopping experience. Adobe Digital Insights shared its 2016 holiday predictions. It looks like 2016 will be a good year. Black Friday will be bigger than ever. For the first time, sales are expected to exceed $3 billion, an 11.5% increase over last year. Cyber Monday’s sales will exceed $3 billion, an increase of 9.4% over last year. 5% of customers…

Banks/Retailers Need Protection Against Everyday Devices

Posted on November 01, 2016 by Laura Lam

Security experts fear the big cyberattack that debilitated Twitter, PayPal, Netflix, and dozens of other companies last week could be a precursor to a larger assault that deeply impacts the American economy, possibly during the holiday shopping season.  They worry that hackers have figured out how to more effectively use malicious software to hijack unsecured, web-connected devices in people’s homes and then turn them into a network that floods a target with data, shutting it down. Unidentified hackers used this type of attack – called distributed denial of service, or DDoS, to overwhelm Dyn, a technology company that handles traffic for…

Tips: Avoid Scams This Cyber Monday

Posted on November 30, 2015 by Saldutti

Online fraud spikes during the holiday shopping season, as people searching for the perfect gifts take to cyberspace and head to traditional stores armed with their smartphones.  The Pandora’s box of cyber-attacks is about to open,” says Pete Tyrrell, chief operating officer for Digital Guardian, a data protection firm. “The cybercriminals are getting more and more creative – and at the end of the day, it’s your personal information at risk.” Here are some tips for protecting yourself and your information from online Grinches. BEWARE OF GIFTS OF FREE WI-FI – It’s awful tempting to sign on to a store’s…

Merry Money: Christmas Movie Trivia

Posted on December 24, 2014 by Saldutti

Did you know It’s a Wonderful Life was considered a box office failure? Or how much money Will Farrell turned down to star in Elf 2? Neither did we, but the folks at DaveRamsey.com decided to look it up.  What they found was surprising – get ready for some not-so-commonly known numbers related to popular Christmas movies. $500,000: Brian Jones spent $500,000 to buy and restore the Cleveland-area house used in the 1983 movie A Christmas Story. Jones, a huge fan of the film, paid $150,000 on eBay and then spent a year and $350,000 renovating the home to match…

Cut the Christmas Clutter

Posted on December 09, 2014 by Saldutti

During Christmas, a lot of us will look for any excuse possible to justify overspending. That 60-inch 3D television? It was 20% off! The $200 LED lighted tree? My kids really wanted it and our other tree is3-years old!  The daily $5 peppermint mocha? It’s Christmas, and it’s peppermint! Last Christmas, Gallup estimated that Americans spent an average of $750 on Christmas gifts. That’s just the average – and that’s just on gifts!  If you’re spending several hundred dollars on gifts, the last thing you can afford is to spend even more money on stuff that isn’t necessary. (Not that…

12 Days of Christmas Costs Rise Very Little: A Steal at $116K

Posted on December 04, 2014 by Saldutti

As the U.S. holiday season spins into high gear, shoppers with quirky shopping lists got a bit of good news this week:  The cost of the gifts in “The Twelve Days of Christmas” carol inched up only 1.4% this year.  The cost of the 6 geese-a-laying surged 71% over the past year, according to an annual analysis by PNC Wealth Management of Pittsburgh. However most of the gifts the carol’s “true love” sent the singer, including the 5 golden rings, 4 calling birds and 9 ladies dancing were unchanged. Overall, the tab for the gifts in the song’s 12 verses…