Omicron variant prone to gas inflation, as Individuals hold purchasing, economist says

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According to Jack Kleinhenz, chief economist at the National Retail Federation, the spread of the highly contagious variant of Omicron is likely to fuel inflation as Americans keep shopping instead of spending more outside the home.

However, the advisor to the major retailer said in a press release on Wednesday that he was not up to date with the latest wave of Covid Cases that trigger an economic slowdown or company shutdowns.

“Omicron’s impact on consumer demand is little known, but people who stay at home because of the option are more likely to spend their money on retail goods than on services such as dining out or personal entertainment,” he said in the press release. “That would put inflation under further pressure as supply chains around the world are already overloaded.”

He said that “each subsequent variation has slowed the economy, but the rate of slowdown has been less.” And he added that consumers may have more confidence from being fully vaccinated or hearing of milder cases of the variant.

Covid cases in the US hit a pandemic record of more than 1 million new infections on Monday, according to data compiled by Johns Hopkins University. According to a CNBC analysis of Hopkins data, the country now reports a seven-day average of more than 480,000 new infections, almost double the previous week.

The surge in coronavirus cases has prompted retailers and restaurants, including Starbucks, Apple, Nike and gap-Own Athleta to close stores or shorten opening times as they cope with scarce staff or intensify disinfection. Walmart in the interim nearly 60 US stores closed in coronavirus hotspots last month to disinfect them. Macys said on Tuesday that it is so Reduction of shop opening times for the rest of the month.

However, many of these stores have made it easier for customers to shop another way – from home delivery to roadside collection.

The National Retail Federation also doesn’t expect the pandemic to affect Christmas sales. It predicted sales in November and December Increase between 8.5% and 10.5% compared to last year and achieve record sales of $ 843.4 billion to $ 859 billion.

Kleinhenz later raised that forecast, saying in early December that Vacation sales could increase as much as 11.5% compared to the same period last year.

The trade group expects to announce official holiday sales next week after the Census Bureau released December retail sales data.

Purchasing And Model – Indianapolis Month-to-month

New Retail District

When Bottleworks District debuted last winter, the hotel and food hall seemed to get all the attention. But the area’s boutiques shouldn’t be overlooked—especially with gift-giving season upon us.

Pumkinfish

Inside The Garage, Pumkinfish (906 Carrollton Ave., 317-974-9167) is fully stocked with items to make your recipients blush. Or at least laugh, at picks like the memory game Do You Look Like Your Dog?; pencils that ask “Where’s Your Frickin’ Father?” for merely “Okay Moms”; and a cheeky “You Tried” trophy to applaud efforts that fell short. Pair those with a bag of sweet snacks from South Bend Chocolate Co., a Real Housewives of Indianapolis wine tumbler, Snoop Dogg’s cookbook, or cocktail accessories and mixology kits. That RHOI cup won’t fill itself.

Good Neighbor

J. Crew meets Coachella at this new boutique (850 Massachusetts Ave., 317-220-8750), a Detroit transplant with a focus on do-good brands for men and women. Most of the looks lean casual via matching sets, loungewear, and classic Levi’s denim jackets. If you want to dress things up a little more, shop the cozy plaid and corduroy shackets, sporty Gola sneakers and heeled ankle boots, chunky knit cardigans, and sweet midi-length floral dresses.

Becker Supply Co.

If Good Neighbor is for your trend-conscious sister, Becker Supply Co. (906 Carrollton Ave., 317-719-2044) is for your hiking boot–wearing, trail mix–snacking sibling. Soft tees in earthy tones tout the Hoosier National Forest, Indiana Dunes National Lakeshore, and state parks, while teakwood shampoo and conditioner, juniper and oud–scented bar soaps, and candles that evoke a log cabin make the wait for more ideal camping weather a little more bearable.

Brick & Mortar Barbershop

In addition to being one of the city’s trendiest places to get a haircut, Brick & Mortar (906 Carrollton Ave., 317-929-1179) carries some excellent, fragrant merch. Boy Smells candles come in robust, complex scents, while the plant-based hair care lines—including O’Doud’s CBD-infused products and Firsthand Supply’s pomades—have a more natural aroma.

Art on walls

Hidden Art Stash

If you know the significance of a plastic clock shaped like a funny blue whale and why it would cost $150, you’ll want to beat a path to Sheafer + King Modern (1103 E. 52nd St., 317-983-3575), located just off an unassuming intersection of the Monon Trail in SoBro. Part of the Solomon Paris Antiques building, the new gallery contains about 500 to 600 works from the 1950s to 1980s (including the Vitra “Zoo Timers” clock by George Nelson), with a focus on paintings, numbered lithographs, and ceramics. Signed Robert Indiana posters from the Indianapolis Museum of Art’s 1970 opening are currently on offer ($1,200), along with a newly acquired collection of Walter Sorge oils and prints.

New Magazine Shop

Liz Foster put all the things she loves into Dear Mom (2121 E. 10th St.), her eastside destination that’s part grocery, part record store, and the best magazine shop this town has had since SoBro’s dearly departed Northside News. The walls are lined with magazines you won’t see in a supermarket, including Lunch Lady, a food publication from Australia, and Apartamento, a Spanish interior design title. Foster once ran the front-of-house at Milktooth, and spent years working at Luna Music, which explains the excellent selection of snacks and LPs at Dear Mom.

Style For All Sizes

Not long after Lisa Bennett opened Black Sheep Gifts in Irvington in 2010, her sister Tracey asked if she’d be interested in a partner. At the time, Lisa demurred. But the two have joined forces recently on a new venture in the same neighborhood: Josephine’s in Irvington (5620 E. Washington St., 317-775-0157). The shop opened in April, and from the beginning, its focus has been on stylish women’s clothing available in a wide variety of sizes. Modern blouses with ruching and side knots add texture and flatter curves. Flowy cardigans and jackets help to elongate and hide problem areas. The sisters know shopping can be a dreaded task for some, and they hope to make it more fun. If you really want to know, though, they will tell you if your butt looks big in those jeans.

Milk-Dyed Textiles

Neutral colors; natural textiles like cotton, silk, and linen; and a bohemian vibe are what Mama Ochre is all about. Owner Gretchen Foster started making the milk-dyed T-shirts and sheets in early 2020. And while her online shop has expanded to include jewelry, hairclips, home decor, and air fresheners, those fabrics remain her most popular items. Currently, her soft pink “strawberry milk” shower curtain is the best-seller. Her two-piece bedding sets are also steadily in demand. The textiles may require a little more care when washing, but the organic process of making them has almost no carbon footprint.

Sustainable Fashion

Sustainability is a focus of the fashion industry right now, and local designer Paris Colby is tapping into it with her streetwear label Broken Needles. Colby upcycles old Carhartt pants, jean jackets, and utility vests with a unique sewing technique. Her years of practicing Sashiko—a process of needlework resulting in rice-like stitches—is getting noticed. When Pattern magazine enlisted two prominent streetwear designers to give away $1,000 at their annual Indiana Fashion Week design competition this year, the judges noted the sustainability of Colby’s collection and awarded her the check.

plant shop plants

Plant Paradise

When the owners of Square Cat Vinyl decided to grow their business earlier this year, they did so literally, laying down roots next door with Fountain Square’s only full–service garden center. Snakeroot Botanicals (1052 Virginia Ave., 317-604-7562) is a breath of fresh air in the concrete jungle just outside of downtown, and welcomes green thumbs and novice plant owners alike into a narrow yet cozy conservatory. Whether you’re into succulents or Sansevierias, ficus or philodendron, the knowledgeable staff is happy to help with selection, education, and advice.

Holiday Cookie Boxes

Carrie Abbott of Newfangled Confections (The Fashion Mall, 317-721-5525) bought The Best Chocolate in Town during the pandemic, and she was surprised to realize that one of the biggest sellers for the business was old-school treats like Oreos, Nutter Butters, and marshmallows dipped in chocolate. Abbott decided to elevate the treats by offering holiday-themed boxes, with cookies that are hand-decorated by her team of chocolatiers downtown. It has become the most popular gift item on her website and at her retail location at The Fashion Mall. “It’s a way to give a gift that is familiar to people,” Abbott says, “but it visually surprises them and puts them in a seasonal mood when they open the box.”

New Bookstore

When the Indianapolis Public Library branch in Fountain Square closed last year, there was understandable concern about what effect it might have on the neighborhood. Fortuitously, rising rent on the north end of Mass Ave had Indy Reads looking for a second chapter in a new location. The popular indie literature destination has found the perfect home in the old library branch (1066 Virginia Ave., 317-384-1496), which opened last month. In addition to the focus on local authors and the support for an adult literacy program, the new Indy Reads outpost feels like a welcoming community center. It’s almost like the library never left.

High-End Streetwear

Although it’s the second location of a store based in Cincinnati, Corporate (245 S. McCrea St., 317-426-3813) feels about as local as it gets. The streetwear and sneaker shop hosts a huge mural of Reggie Miller taunting Spike Lee with “the choke.” What’s more, owner Matt Tomamichel is a regular at Gainbridge Fieldhouse and is working with the Pacers on a collection commemorating the NBA’s 75th anniversary. Corporate may have a locker room vibe, but it sells perhaps the best collection of exclusive kicks and high-end streetwear labels, such as Pharrell’s Billionaire Boys Club, in the city.

Handbag Line

A name like “Donna Dee Bird” shouldn’t go to waste, so Carmel’s Bird used it for the label of her and her daughter Amanda’s new tote-bag line, DD Bird. There’s only one design—available in two sizes, a few neutral colors, and either nylon, leather, or velvet—but when it’s this perfect, you don’t need many options. The DD Bird is made from cruelty-free material, and thoughtful features include front zippered pockets for sunglasses and a coffee tumbler, a strap long enough that you won’t fight with it, and a luggage sleeve on the back, to slip the bag onto the handle of a roller suitcase for the airport.

A toy fox

Personalized Toy

Amanda Seibert’s maternal instinct triggered a business instinct when she noticed that the lullabies she sang to her toddlers soothed them in a way little else could. The Meridian-Kessler resident invented Mama Sing My Song, a service that creates a personalized lullaby and loads it into a stuffed animal for your child. Parents choose a tune from a music library, then one of her songwriters—some with major-record-label credentials—comes up with lyrics, works in the child’s name, and makes a recording of the melody that parents can then croon on top of. The options start at $45 and go up to $1,500 for a completely original song, elements of which will never be used for another customer.

Cocktail Glasses

Since opening her shop in 2018, Nine + Roxy (Carmel City Center, 317-459-7604) owner Tracy Main has assembled a gorgeous collection of home decor items. But perhaps no product line is as striking as her vintage glassware. The brands include Libbey tumblers ($40), Carlo Moretti Murano coupe glasses ($800), and Richard Gerard compote dishes ($250 each). The finds—sourced at estate sales, antique shops, and yard sales—have been popular additions to at-home cocktail bars during the pandemic. At the beginning of next year, the shop will move to SoBro, adding to the growing hub of decor boutiques in the area.

New Gift Shop

With as many pop-up shops and local festivals as her T-shirts, jewelry, and funky gift items had appeared in, it almost seemed as if local retailer Martha Latta already had a brick-and-mortar. But that didn’t happen until developers Tom and Ed Battista finished renovating the darling late-1800s Windsor Park house where Latta opened Stomping Ground (1625 Nowland Ave., 317-220-8344) last winter. And while her Sunday Afternoon Housewife brand has always focused on screenprinted apparel and pins with empowering messages, what makes the new shop special is how Latta has gradually curated her inventory to meet the needs of the neighborhood, from books, games, and children’s items to a surprisingly comprehensive selection of houseplants.

Quirky Home Decor

Adam Hampton refers to his idiosyncratic new Hampton Designs Studio and Shop (5515 E. Washington St., 317-372-2372) as the “living room of Irvington.” Everyone has a standing invitation to check out his nook in the close-knit community’s historic Masonic Lodge. Feel free to hang around awhile—this eclectic treasure trove contains candles, crystals, jewelry, vintage wares, sassy kitchen accessories, and funky furniture in addition to output from several dozen Indiana makers. The free-to-attend monthly drag shows with live DJs offer an added incentive to stop by and take in the scene.

Bolo Ties  

In Indiana, it’s hard to find a handcrafted “Texas tie” to wear with your Western wear. That’s why we were so excited to discover Tribe 79, the passion project of local maker Lisa Swieczkowski. Despite her Polish surname, Swieczkowski is a tribal member of the Potawatomi, and she leans into her Native American roots as she incorporates bones and hide in her bolo ties. But there’s plenty of silver and turquoise to dress them up. The eastside artisan sells her work online, and at Midland and 1979 Co.

Wooden ArtNew Artisan Market

Ross Tuggle’s spectacular geometric wood murals alone make a trip to Tuggle’s Gifts & Goods (1016 Virginia Ave.) worthwhile. But the Fountain Square shop, which opened late last year, stocks work by dozens of other local makers. Co-owner Brooke Tuggle sells her polymer-clay earrings there, and you can find leather-bound journals, textiles, and stationery from Indy artists. And if you have your heart set on one of those giant wood murals, you can buy hangers at the hardware place right next door.

New Vintage Market

When Beck Holladay moved to Indy from the West Coast, she brought an expertise in American vintage clothing as an exporter to countries where ’90s fashion is in high demand. There are plenty of Levi’s 501s and ski jackets to go around, though, so Holladay started a street market tapping into her network of premium dealers and local favorites like Rebel Vintage. This Must Be It attracted 125 stalls downtown this summer, and was an instant hit. It moves to an as-yet-unannounced indoor location this winter. If you regret tossing your Pearl Jam concert tee, about every ’90s arena tour is on the racks, some with a copyright date so you know it’s the real deal.

New Skate Shop

If skateboarding were a religion, Solace Skateshop (1633 Nowland Ave, 317-418-5856) would be its temple. At least that’s how owner Ryan Emerson Graves refers to his place, which opened in April. Solace occupies one of three cute, renovated Windsor Park cottages near Kan-Kan Cinema. Inside, the walls are painted by graffiti artists and covered with skateboard decks, shoes, clothes, and art. A vintage workbench sits in the shop, where you can watch Graves putting together boards. Hours vary, so be sure to check the Facebook page for “The temple is open” alerts.

Artisanal Candles

As the decorative trend catches fire, we rounded up the best local wax whizzes.

Abboo Candle Co.

What started as a creative outlet for Fortville stay-at-home mom Michelle Schreiber has evolved into a child of its own. Abboo Candle Co., which takes its name from her grandfather’s sobriquet for her, offers unique scent profiles such as a rich tobacco and caramel blend. And the minimal design allows Abboo’s candles to fit in almost anywhere. 

MOCO Candles

Graphic designer Morgan Conner leans into her artsy side to label her candles in thick, fluid typography. MOCO Candles are known for their intoxicating scents such as Home Grown, with hemp, rosemary, and shea butter notes. Her best-seller is a candle based on the popular matcha milk drinks, with hints of sweet green tea and vanilla.

Melange Du Jour

Carla Veras isn’t making the candles her mom made in college. Veras’s business, Melange Du Jour, uses molds to create anatomically correct physiques available in two sizes and eight colors and scents. Other forms include cubed candles, wavy candlesticks, and half-circles to add shape and texture to any tablescape.

Bossy Pants Candles

At Bossy Pants, Irvington business owner Lauren Ebel crafts sassy candles with labels to match. The Fruit Loops–scented one with “You’re the Tits” on the outside, for example, surely elicits a few laughs. Bawdy sense of humor aside, the two wicks on her candles ensure an even burn—a smart design.

Sew Repair Predicts “On a regular basis” Model and Purchasing Tendencies for 2022 in Inaugural Model Forecast Report

Reveals the pandemic’s impact on developing wardrobes when people conduct a closet clearance

– Two-thirds of Americans – and nearly 80% of millennials – say they intend to replace about a third of their wardrobe¹

– Almost a third of people would rather accept a 10% pay cut than dress for work every day, ¹ contributes to the rise of the new categories of business comfort and versatile athleisure

– Bold colors and patterns on the rise: Stitch Fix predicts Vibrant Magenta as the color of the year, with mint, mustard and purple also popular with women, while men turn to dusty lavender, dark green and coral. Color blocks, squares, and graphics are some of the most popular patterns

– Jeans are back – which is reflected in an increase in customer inquiries and sales from Stitch Fix. People are turning to more casual fits, with wide-legged sales up 70% year-over-year, while trends to “slim” are declining

– People are excited to get dressed up. 44% plan to replace their go-out clothing – 61% of Generation Z1 – as demand for special occasion clothing and high heels increases at Stitch Fix

– The vast majority (81%) of people would like a better way to find clothes that fit them and their lifestyle¹, suggesting that they need a more personalized shopping experience when they remodel their closets

SAN FRANCISCO, Dec 15, 2021 / PRNewswire / – Stitch Fix (NASDAQ: SFIX), the world’s leading personalized online shopping experience, today released its first Style Forecast highlighting key trends for 2022, including Business Comfort as the new workwear category, Growth in versatile athleisure styles, bold colors and patterns and the resurgence of categories such as jeans, heels and dresses. The report also highlights the frustrations people experience with traditional online shopping, such as:

The comprehensive Style Forecast integrates Stitch Fix sales and purchasing insights from 4.2 million customers and thousands of Stitch Fix stylists, combined with consumer surveys and industry data to give solid insight into real life trends – not just on the fashion catwalks . Stitch Fix has billions of style data points, gathered by advanced algorithms and data science teams, from detailed style feedback that customers choose to leave, providing a continuous impetus on what people buy how often and why would.

The story goes on

“From the very beginning, Stitch Fix has brought together advanced data science and a human touch to transform the way people find the clothes that help them look and feel good. From this data, we also gain insight into broader style trends in the marketplace and what motivates those trends – which has been particularly important in the past two years in order to steer changing consumer preferences at an uncertain time, “said Elizabeth Spaulding, CEO, Stichfix. “We hope the Style Forecast offers a fashion perspective beyond the runway trends to help people and our brand partners better understand what’s trending in everyday life as we head into the New Year and adopt a ‘new normal’ together. “

Below are notable results from the Stitch Fix Style Forecast 2022. To read the full report, visit StitchFix.com/StyleForecast.

The COVID closet clearance:

  • Two-thirds of consumers (67%) plan to replace a third of their wardrobe, 33% plan to replace at least half – and nearly 4 in 5 millennials (79%) are likely to refresh their wardrobe

  • Style preferences have changed: 58% of Stitch Fix Women’s customers and 53% of men said their looks changed during the pandemic and they expect those changes to continue in the near future.

Unexpected style influencers:

  • Amanda Gorman is the most unexpected style icon of 2021, as Stitch Fix customer requests for headbands have increased 600% year on year after putting on a statement headband at the inauguration – during Harry Styles is the most stylish celebrity of the year as inquiries mentioning the fashion icon rose 160% from 2020 after its “Love on Tour” shows launched.

  • Meanwhile, Stitch Fix customers are also turning to TikTok influencers for style advice: customer inquiry notes with “TikTok” are up 75% year over year, with some of the hottest looks including Y2K, Cottagecore and Dark Academia.

The color of the year is Vibrant Magenta:

  • Runner-up is purple, mint, and mustard for women – and dusty lavender, dark green, and coral for men.

  • More than a third (36%) of consumers say they will look forward to bright, saturated colors in 2022. Patterns – like color blocks, squares, and graphics – are also on the rise, with 25% of consumers planning to wear them more often. 1

Business comfort (not casual) is the future of workwear:

  • Almost a third (31%) of consumers say they would rather accept a 10% cut in their wages than dressing up for work every day.1 Almost 4 in 5 Americans (77%) have at least some business attire sworn off forever, 1 Almost half (45%) of the people wanted to do without business suits and a third (31%) wanted to do without suit pants. Over half (51%) of boomers say they will never wear a business suit again.

  • A new category that Stitch Fix called “Business Comfort” has emerged, proving that you can have style and comfort that are more sophisticated than the earlier “Casual” classification. This can be seen in oversized stretch blazers, elastic trousers, sweater dresses and new “Knoven” tops (knitwear + woven material).

Denim & dresses return to the daily wardrobe:

  • Jeans sales at Stitch Fix were up 30% year over year, and women’s wide leg sales were up 70%, while the skinny jeans growth rate declined over the same period after “toasting” on TikTok and a fashion trend over the winter “were heading towards style and comfort.

  • Everyday dresses are thriving too, and Stitch Fix has increased inventory by 40% year-over-year to meet demand. Top styles include maxi dresses, which have seen sales grow 60% year over year; Dresses made from natural fabrics such as linen, poplin, and gauze; and bright, upbeat colors and prints.

All-purpose athleisure & performance-oriented active:

  • Athleisure remains the fastest growing category of Stitch Fix, while performance-based active sales also rise (women 300% +, men 100% + YoY) as people discover new sports like tennis, golf, and hiking. Trendy styles in this category are skorts and skirts, bike shorts, hiking shorts and performance polos.

Increasingly on the move:

  • While workwear is all about comfort, more than half (55%) of consumers said they like getting dressed for going out, with 44% actively planning to replace their dressing gowns – 61% of Generation Z. 1

  • To support this, Stitch Fix’s sales in the special occasion category rose 50% year over year, suggesting that people are actually going out again. And fancy shoes grow faster – both boot and high heel sales rose about 70% year over year, while high boot sales rose 150% over the same period.

Offer a more personalized shopping experience

The vast majority (81%) of consumers say they want a better way to find clothes that fit them and their lifestyle. While eager to refresh their wardrobes, they still have huge frustrations with the typical online shopping experience – such as not knowing the fit before buying and scrolling for hours to find what they are looking for want. In the meantime, customer inquiries for sustainable and organic materials have increased by 22% since 2020, which indicates that consumers are placing increasing emphasis on social and ecological values ​​when shopping. The Style Forecast looks at the ability for retailers to offer the things that are most important to people in a shopping experience right now, such as:

Reporting methodology
The Stitch Fix Style Forecast leverages data collected from Stitch Fix’s 4.2 million customers and thousands of seasoned stylists and its merchandising team who review performance and feedback dashboards on a daily basis. Some of these metrics include: sales data; “Like / Love” value, a measure of customer feedback on certain points; “Success Rate” of the number of times an item is held in a fix (the curated selection of items that are delivered to customers); Customer profile data points; and Fix Request Notes, the note clients leave their stylist to indicate what they would like to receive in their next fix. Unless otherwise stated, all statistics on Stitch Fix sales and “Fix” inquiries refer to the calendar year 2021 to date, as of today November 30, 2021. Comparisons to the previous year relate to the 2020 calendar year from January 1, 2020 to November 30, 2020. Also cited is a survey of 1,000 nationally representative consumers aged 18 and over that was carried out by Wakefield Research for Stitch Fix, a survey of 2,000 nationally representative buyers aged 18 and over by OnePoll, market data from Coresight Research, industry trend sources such as WGSN and Trendalytics. All data is sourced from internal Stitch Fix resources unless otherwise noted. All sales data included refer to Stitch Fix sales unless otherwise stated.

About Stitch Fix
Stitch Fix is ​​the world’s leading personalized online shopping experience. Our unique business model combines the human touch of seasoned stylists with the precision of advanced data science. Since our inception in 2011, we’ve served millions of people as a trusted style partner, helping adults and children dress like their best selves every day. The Stitch Fix team is building a transformative and inclusive e-commerce model, an ecosystem of shopping experiences based on convenience and guided discovery that makes it radically easy and enjoyable for customers to discover and buy what they love. For more, visit https://www.stitchfix.com.

CONTACT: media@stitchfix.com

1 survey of 1,000 nationally representative US adults by Wakefield Research for Stitch Fix

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SOURCE Stitch Correction

Black Friday buying in shops drops 28% from pre-pandemic ranges

Shoppers with bags from various stores stand side by side as Black Friday sales begin on November 26, 2021 at the Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky.

Jon Cherry | Reuters

Retail store traffic was down 28.3% on Black Friday compared to 2019 as Americans shifted more of their spending online and started shopping earlier in the year, according to preliminary data from Sensormatic Solutions.

The traffic increased by 47.5% compared to Previous year levelsaid Sensormatic. This time around in 2020, many shoppers stayed at home due to fears about the coronavirus pandemic and the somewhat reduced opening hours of retailers.

“It’s clear that shoppers are shopping earlier this season, just as they did last season,” said Brian Field, Sensormatic’s senior director of global retail consulting. He added that the two main reasons shoppers hand out their Christmas shopping are ongoing concerns about Covid and worries about the supply chain.

The peak time for Black Friday in-store shopping was 1pm to 3pm, similar to previous years, Sensormatic said. Black Friday continues to be forecast as the busiest shopping day of the season, according to Sensormatic.

On Thanksgiving Day, brick and mortar store visits were up 90.4% from 2019 levels, Sensormatic found. Retailers including target, Walmart and Best buy decided to keep their doors closed to customers on the holidays. Target has said it will be a permanent shift.

Field said that Black Friday buyer traffic was most likely to return to 2019 levels in the South, followed by the Midwest, and then the West and Northeast. He does not believe that the increasing fears about the new Omicron Covid variant have influenced consumer behavior on that day.

“If you see outbreaks in the US, that would be what I think is driving [traffic down] would be if governments and communities would lock down again, “said Field.” Otherwise the trends will be very similar to what we expect. “

Online spending on Black Friday is down from 2020 levels

Online retailers had sales of $ 8.9 billion on Black Friday. less than the record of about $ 9 billion spent on the Friday after Thanksgiving a year earlier, according to data from Adobe Analytics. It is the first time that growth has reversed year-on-year, Adobe said. Adobe analyzes more than a trillion visits to US retail sites with over 100 million items in 18 different product categories.

On Thanksgiving Day, consumers were spending $ 5.1 billion on the Internet, unchanged from last year, Adobe said.

The numbers prove even more that the Christmas season has lengthened as more Americans started shopping as early as October. Retailers have also spread their promotional offers. Corresponding a survey by the National Retail Federation, the leading retail group, 61% of consumers had started shopping for Christmas gifts before Thanksgiving.

“Shoppers are strategic about gift shopping, shop much earlier in the season, and have flexibility when shopping to ensure they get the best deals,” said Vivek Pandya, senior analyst at Adobe Digital Insights.

Adobe predicts e-commerce sales on Cyber ​​Monday, the biggest online shopping day of the year, between $ 10.2 billion and $ 11.3 billion.

However, shoppers can expect a wide variety of items to be out of stock as supply chain complications have messed up inventory at some companies.

According to Adobe, news on retailers’ websites that are out of stock was up 124% through Friday, compared to pre-pandemic levels. Household appliances, electronics, housewares, and household and garden items have the highest outages, according to Adobe.

NRF expects Christmas sales in November and December increase between 8.5% and 10.5%, for total sales between $ 843.4 billion and $ 859 billion, which would set a record year-over-year growth.

Scout Willis flaunts eager sense of favor throughout procuring journey in LA

Scout Willis shows off her keen sense of style in an abstract sweater and combat boots during a solo shopping trip in Los Angeles

Scout Willis showed her keen sense of style while she was out and about The angel this weekend.

Bruce Willis and Demi Moore’s 30-year-old middle kid let her long, dark hair flow freely as she reached for shopping in an off-white sweater with a black and red abstract print.

It was complemented with black straight-leg jeans and black Doc Marten combat boots.

Fall Fashion: Scout Willis showed off her keen sense of style this weekend while out and about in Los Angeles

Seen alone, the singer-songwriter showed that she was self-sufficient as she carried multiple bags.

She went the sustainable way and carried her groceries in reusable bags.

The independent young woman slung a bag over her shoulder, one over her forearm, and carried one in her hand.

Willis used her free hand to clutch a carton of S. Pellegrino drinks.

She looked like she had a minimally make-up face that was rounded off with a plum-colored lip color.

Saturday food run: Bruce Willis and Demi Moore’s 30-year-old middle child let their long, dark hair flow freely as she reached for groceries in an off-white sweater with a black and red abstract print

Coordination;  Her top was complemented with black straight-leg jeans and black Doc Marten combat boots

Coordination; Her top was complemented with black straight-leg jeans and black Doc Marten combat boots

In October, the multi-talented beauty released a music video for her guitar-heavy song Love Without Possession.

In the four-minute visual, the dark-haired stunner did nothing and covered her parts with strands of her long hair.

Ahead of its release, Scout took to Instagram to share her feelings about the vulnerable written melody.

“I wrote this song in 2016 amid deep heartache, hope, confusion, tenderness and growth,” she explained.

“It kept me company like an affectionate friend, telling a story I experienced in real time, and softening the edges of my pain as only art can.”

Stripped down: In October, the multi-talented beauty released a music video for her guitar-heavy song Love Without Possession

Stripped down: In October, the multi-talented beauty released a music video for her guitar-heavy song Love Without Possession

On Friday, the singer took to Instagram to celebrate five weeks since the video premiered.

‘Some love without possession BTS to mark 5 weeks since it came out!’ Scout wrote to her 262,000 followers.

She shared a number of outtakes from the set, including a group photo with mom Demi.

Another shot showed the artist in a floral robe in a room with green walls, hanging guitars and drums in the background.

Behind the Scenes: On Friday, Scout shared a number of outtakes from the set of Love Without Possession, including a group photo with mom Demi;  LR Juliana Giraffe, Nicky Giraffe, Monica Adriana, Demi, Scout

Behind the Scenes: On Friday, Scout shared a number of outtakes from the set of Love Without Possession, including a group photo with mom Demi; LR Juliana Giraffe, Nicky Giraffe, Monica Adriana, Demi, Scout

Set life: Another shot showed the artist in a floral robe in a room with green walls, hanging guitars and drums in the background

Set life: Another shot showed the artist in a floral robe in a room with green walls, hanging guitars and drums in the background

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Millennial Cash: Beat your summer time ‘revenge procuring’ debt | Existence

List your debts using a spreadsheet, pencil and paper, or debt settlement app. Enter the balance, the interest rate and the minimum monthly payment. Make sure you consider all forms of debt, such as: B. Buy now and pay for loans later.

Then, look at your income and expenses to see how much money you are putting on debt and where you can cut expenses. For example, if you’re spending more on restaurants than you did six months ago, try reducing that to free up cash to pay off debt.

Next, choose a strategy for the payout. Here are a few common tactics:

– SCHULDSSCHNEEBALL: With that Debt snowballfocus your debt settlement energy on the smallest balance first, while making minimal payments for the rest. Once the smallest debt is dismissed, roll the amount you paid for it to the next smallest debt. As you pay off more debt, the payment amount grows like a snowball until you are out of debt.

– DEBT LAWINS: With this method, you settle the debt with the highest interest rate first. Then, similar to the debt snowball method, once it’s paid off, cascade the payment with the next highest interest rate on your debt.

Transport disaster strikes Black Friday procuring amid Europe, China floods

TOPSHOT – The aerial photo shows an area in the Blessem district of Erftstadt on July 16, 2021, which was completely destroyed by the flooding.

SEBASTIEN BOZON | AFP | Getty Images

The 2021 Christmas shopping season could be marred by out of stock goods and shipping delays as the recent floods in Europe and China tighten already tight global supply chains.

Western Europe and the Chinese province of Henan – a major transport hub and headquarters of several large companies – are grappling with the aftermath of devastating floods.

The disasters damaged railways in both regions, which are used to deliver goods and raw materials. Water entered industrial areas and damaged facilities, machinery and warehouses, supply chain industry companies told CNBC.

“Black Friday and the holiday season for which products (and raw materials) are staged will have the brunt of the impact,” Pawan Joshi, executive vice president of supply chain software company E2open, told CNBC in an email.

“Consumer electronics, dorm furniture, clothing and appliances will all continue to be in short supply as shopping starts early in school and enters the main Christmas shopping season,” he said.

Delays in the distribution of raw materials needed to manufacture goods will have a cascading effect and disrupt supply chains “for weeks and months,” Joshi said.

The flood has the potential to take another blow to the auto industry, which is already suffering from a semiconductor shortage.

Pawan Joshi

Executive Vice President, supply chain software company E2open

Several companies including Germany’s largest steel manufacturer Thyssenkrupp, have declared force majeure. A force majeure event occurs when unforeseeable circumstances, such as natural disasters, prevent a party from fulfilling its contractual obligations and release it from sanctions.

Some of the industries hardest hit by the floods include automobiles, technology and electronics, according to those CNBC spoke to.

Car production started again after lack of chips

Auto production is likely to be affected by production delays as many of the world’s largest automakers and their suppliers are based in the flood-ravaged regions.

“The flood has the potential to take another blow to the auto industry, which is already suffering from a semiconductor shortage,” said Pawan.

Production facilities in Germany, the Netherlands, Luxembourg and Belgium are expected to bear the brunt of the flood damage, supply chain risk management company Everstream told CNBC via email. Many suppliers that provide specialty parts for the automotive, technology and aerospace industries are based there, said Shehrina Kamal, vice president of Intelligence Solutions at Everstream.

“When the floods receded, most major highways and roads were expected to be cleared this past weekend,” she said.

“Given that some companies have issued profit warnings and even declared acts of God, the effects of the flood are likely to drag on through supply chains for several weeks,” concluded Kamal.

Zurich-based company Klingelnberg, which makes transmission components, warned that the damage to its Hückeswagen plant in Germany could affect its sales targets for 2021.

Disruption of copper is bad news for electronics

The floods could also disrupt supplies of copper, which is used in many products from electronics to electric vehicles.

Flood-hit Henan Province in China is a major center of copper production, said Vivek Dhar, a commodities analyst with the Commonwealth Bank of Australia.

Copper prices rose sharply last week on delivery concerns, he said, as Henan has seen strong growth in copper smelting in recent years.

“Hopes for copper demand are linked to the rebuilding of damaged infrastructure in central China. China’s electricity sector is a particularly strong driver of copper demand,” Dhar wrote in a note last week.

In Europe, Aurubis GmbH – a provider of high-precision copper wires for the electronics and electrical appliance industries – declared force majeure in the case of deliveries after extensive floods in their plant, according to Everstream Analytics.

Read more about China from CNBC Pro

Meanwhile, in Henan’s capital, Zhengzhou, the disruption could hit a wide range of industries, from automotive to pharmaceuticals to biotechnology, said Ryan Seah, APAC intelligence analyst at Everstream.

“Zhengzhou is a major transportation hub and one of the most important cities in China along the Belt and Road Initiative,” said Seah, referring to China’s gigantic infrastructure plan that spans several countries and continents. He added that the city is home to 91 China-listed companies and a variety of sectors.

There is also a large factory in Zhengzhou, which is made by Hon Hai precision industry, also known as Foxconn. It is the world’s largest assembly plant for Apples iPhones. Foxconn previously told CNBC that it “has activated an emergency plan for flood protection measures at this location”.

BBB provides suggestions to save cash, keep away from scams whereas back-to-school buying

The Better business office helps students and parents prepare for high school by providing tips to save money and avoid fraud.

With an emphasis on in-person tuition that comes back in TexasSchool supplies shopping is expected to be very different this year than it was in the 2020-21 school year, says the BBB.

According to the national retail association, 49% of parents with school-age children said their children look forward to shopping for school clothes the most this year. Additionally, 61% of consumers plan to buy their school supplies around major sales events like Prime Day, July 4th or Labor Day.

School supplies needs expected when students return to the classroom

Communities in Schools say after a year of virtual learning they expect an unprecedented need for materials from students in central Texas. Suki Steinhauser has more on how you can help.

The BBB says consumers should exercise caution before shopping online, as most purchases will be made online this year.

Between May and July 2020, Texan consumers lost an average of $ 50,000 per month to online purchase fraud. according to BBB Scam Tracker data. Many of those who lost money to online clothing stores found the store through an ad on social media.

A Texas consumer reported a loss of more than $ 500 to an online seller who “takes your money if you order their goods but doesn’t send anything purchased. When I tried to message them about the missing order, he blocked me and told me I won’t let him do anything. “

The BBB offers the following tips to save money and avoid fraud:

Take a look around your home

Start school shopping right at home by making a list of everything you need, and then taking an inventory of anything you’ve kept in desks, drawers, closets, or storage space. Some supplies may be left over from last year so you don’t have to buy the same item twice.

Research expensive purchases

Before buying expensive items like computers, laptops, or a dorm refrigerator, find out about the brand, product reviews, warranty, and pricing at multiple locations.

When buying a dormitory, consumers should be aware that universities often have rules about the size and placement of refrigerators in dormitories. Consumers should check with the college or university housing department to determine whether or not an energy-efficient refrigerator is required.

Ask about student discounts

Shops and software companies often offer discounts to students who have either a student ID or a valid .edu email address. Even if a discount isn’t advertised, it never hurts to ask.

Buy in bulk

When buying standard items that are needed at the beginning of each school year, such as binders, exercise books, or writing utensils, buying in bulk is a great way to save money.

Officials concerned about the Delta variant ahead of the new school year

With school starting in a few weeks’ time, local health officials say they are concerned about how the transmission rate might carry over to a school setting. John Krinjak explains.

Shop safely online

When buying school supplies online, make sure that the URL begins with “https” and contains a lock symbol. The “s” in “https” stands for secure and includes additional encryption and security measures as an “http” website.

If you’re shopping on a lesser-known website, take the time to read reviews and feedback from previous customers. The lowest price may not always be the best route. If the company’s contact details are not clearly listed, or there is only one contact point email, this is a warning against possibly shopping elsewhere.

If the seller requests payment by wire transfer or gift card, it is a sign that it may not be a legitimate business. Using a credit card is almost always the best option when shopping online as it must provide additional protection to dispute and resolve fees when products purchased are not received.

More tips for starting school click here.

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OTHER HEADINGS:
Fauci: CDC examines mask instructions for schools “carefully”
AAP: Students and staff should wear masks in schools – regardless of their vaccination status
Fully vaccinated teachers and students don’t need masks, CDC says
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Cash-Saving Ideas for Again-to-Faculty Purchasing

By Kelly Youngblood

It’s only the beginning of July and it feels like summer has just started, but school supplies are already lining the shelves of local retail stores. (Note: all children moan at the same time.)

With the cost of registration, school supplies, new clothes, etc., back to school purchases can really add up – especially if you have multiple children.

We’ve compiled a list of our top back to school shopping tips to help you stay on a budget and make your summer to school transition a little smoother.

Many thanks to Christie Clinic for presenting our 2021 Champaign-Urbana Area Back to School series.

Christie The clinic encourages parents to schedule a school exam soon.

Physical appointments at the start of school will now make it possible Christie Clinic, Department of Pediatrics and Department of Family Medicine to help all patients in the best possible way while ensuring a safe visiting environment. Reinforced precautionary measures are in place to ensure the safety of patients and team members, including additional opening hours, visitor restrictions, and social distancing to reduce the number of people in our facilities.

Parents can currently make back-to-school appointments for their children via their MyChristie patient portal or online at christieclinic.com.

Take inventory of your home

Don’t be afraid to reuse school supplies from previous years. Reuse and recycling are not only environmentally friendly, they are also easier on the wallet. Gather as much school-approved materials around the house as you can find and cross items off the list before you even get to the store. As one reader emphasizes: “The new colored pencils are only new until they are used for the first time!”

Discover new shopping opportunities

Many of us go to the traditional large retail stores like Walmart, Target or Meijer to do our school supplies, but don’t overlook some of the other options in town. Staples, Dollar Tree, CVS Pharmacy, Menards (earn discounts!), And even garage sales can be great places to find great deals. We are told by multiple sources that the IDEA Store also has a large inventory of very affordable school supplies.

shopping online

Shopping online is another great option as it is easier to compare prices in different locations. One reader says she looks at her lists and starts multiple online shopping carts to calculate the cheapest cost. Many of the stores also offer free in-store pickup so there are no additional fees for delivery. Others swear by buying school supplies from Amazon.

Shop and distribute early

Shopping early and buying little by little will help spread the cost. Some recommend buying very early, like last year buy-in bulk when items go on sale and then store them for the next year.

But even if you wait until the last minute, don’t worry. Many parents prefer to wait until school starts to see what their students actually need.

“Children don’t need everything (on) the first day. Ask the teacher what is needed in the first few weeks and focus on that and then add things as the year goes on. “

A kindergarten teacher recommends sending in individual materials for the students and then inquiring with the teachers about sending in “common” items such as handkerchiefs and handkerchiefs later in the year. (It also helps with storage in the classroom!)

Keep an eye out for sales

Most stores will be bragging about their doorbuster sales, so watch out for these deals! If you are ready to go to multiple stores, you can get the cheapest deal in each one. Don’t forget to take advantage of in-store coupons like Mperks at Meijer or use the Target Circle app for additional discounts.

Stick to the list

It can be tricky, especially when you see those nostalgic trapper keepers or fragrant markers, but try to stick to the school list. Those cute extras can add up quickly and simply aren’t necessary in the end.

Back to school shopping is also a great way to teach your kids how to budget. First, set a dollar amount and let them select the items on the list without going over budget.

Shop with a friend and share the cost

If your child needs four glue sticks but can only find them in packs of 10, shopping with a friend and sharing the cost can be very convenient.

Listen to the advice

We asked our Facebook readers for their advice on back-to-school shopping. Here are some of their answers:

“Keep an eye on prices, share larger packages with someone or save up for next year, don’t buy the cute things (only what’s on the list), Ticonderoga and Crayola crayons, markers / crayons are well worth the money, expensive folders tear just as high as the 20 cents. “

“My children use what they can from year to year! It feels wasteful to get new markers, colored pencils, etc. when the ones from last year are still usable. We’re also trying to find folders sturdy enough to get a couple of years of this and even notebooks. Also, buy in bulk if you can. I have 4 kids so I bought bulk packs from Amazon of things they all need like glue sticks, erasers, and Ticonderoga pencils, then we split them up. So much cheaper! “

“Different shops usually have different“ door openers ”to attract customers with the idea that you can come into the door with 50 ¢ colored pencils and do all your shopping with them. I create my lists and have 4 online shopping baskets in operation and compare the prices. I only buy the cheapest in any store. Between Staples, Target and Office Depot, you can get a free in-store pickup and cover almost your entire list of sales items from the comfort of your couch. “

“My kids started (on their own) keeping things from school that were unused or that could be reused from the previous year: rulers, scissors, notebooks, binders, etc. They went through them at the end of the year and kept them in a bag next to their desks in their room. Then at the start of school they went through the start-up list and found what they really needed. Then I would say Walmart, IDEA Store, etc. Even Walgreens sometimes has insane pencil sales. “

Check out our entire Back to School series presented by Christie Clinic:

Proprietor of Austin-area buying facilities information for chapter; leisure advanced coming to Cedar Park and extra high space information

Washington Prime Group Inc. owns six shopping centers in the area, including The Arboretum. (Courtesy of the arboretum)

Read last week’s top business and community news from the Central Texas region.

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Austin area mall owner files Chapter 11 bankruptcy

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Leander Cedar Park

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TxDOT is soliciting public opinion on proposed changes to I-35 in Georgetown

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Brooke Sjoberg, Taylor Girtman, Brian Rash, and Trent Thompson contributed to this report.