The initial numbers from the five-day Thanksgiving to Cyber Monday holiday sales weekend signal a positive start to retailers' most crucial sales perior of the year.
Four out of 10 consumers say they will use credit cards for at least half of their holiday spending, and more than one-third say their credit card use has increased.
Prices for online groceries fell 0.1% year, over year in October, according to the Adobe Digital Price Index. It was the first such decline since January 2020.
The toy maker continues to have growing pains related to its multiyear turnaround plan, which involves shedding less profitable divisions and toy lines.
The National Retail Federation delivered an optimistic holiday forecast, saying it expects retail sales to grow by 2.5% to 3.5% in November and December.