shopping

3 Funds to Tap the Holiday Season Shopping Rush

The coronavirus pandemic has made changes in the lifestyle and preferences of people. The U.S. economy is reopening in phases and social-distancing restrictions are being eased gradually. People are trying to do their daily work but with minimum human-to-human contact.

On the other hand, the holiday season is around the corner, and with events like Halloween, Thanksgiving, Cyber Monday, Black Friday and Christmas lined up during the late October-December period, retailers hold high hope to make business and recover from the coronavirus slump.

Per Deloitte’s annual holiday retail forecast, holiday retail sales are expected to increase between 1% and 1.5%, leading to sales between $1,147 billion and $1,152 billion during the November-January timeframe. The pandemic-led new normal trend has already boosted e-commerce this year, as matters of safety remains a prime concern, and will continue to boom as shoppers choose this medium for holiday shopping.

Deloitte forecasts that e-commerce sales

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women

Women, minorities rush to get concealed carry permits, up 34%

The growth of adults holding permits to carry concealed guns has surged 34% in the past four years and the rush to get one has resulted in long lines as some counties have faced cutbacks due to the coronavirus crisis, according to a new report.



a group of people looking at a book: Andrea Schry, right, fills out the buyer part of legal forms to buy a handgun as shop worker Missy Morosky fills out the vendors parts after Dukes Sport Shop reopened, Wednesday, March 25, 2020, in New Castle, Pa. Women and minorities are leading in the purchase of guns and application for concealed carry permits.


© Keith Srakocic/AP
Andrea Schry, right, fills out the buyer part of legal forms to buy a handgun as shop worker Missy Morosky fills out the vendors parts after Dukes Sport Shop reopened, Wednesday, March 25, 2020, in New Castle, Pa. Women and minorities are leading in the purchase of guns and application for concealed carry permits.

John Lott’s Crime Prevention Research Center revealed that there are 19.48 million permit holders, 820,000 more than in 2019.

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He found that women and minorities are leading in the applications. “Permits for women and minorities continue to increase at a much faster rate than for either

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shopping

Pinterest boosts shopping features ahead of festive rush

Pinterest has launched a range of new features letting users shop directly from Pins, on boards, from search, as well as new monetising shopping surfaces for UK advertisers.

Launching this week, a new shop section will appear on search, making it easy to shop in-stock products from a range of retailers when searching for terms like “winter outfits”, “office decor”, and “kitchen remodel”.
Pinterest has also added price and brand filters.

The key features are:

  • Shop from a board: When a Pinner visits their home decor or fashion board, they’ll now see a Shop section that shows products from or inspired by the Pins on their board. Just as if a shopping list has been created for their boards, Pinners will see in-stock products based on what they’ve been saving for a room or look.
  • Shop from Pins: Pinterest has made updates to visual search to make more products shoppable
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