Psychological ownership is that feeling that someone stole ‘your’ parking spot or nabbed the last sweater you had your eye on. We have a tendency to get territorial when we feel it’s been violated.
Don’t despair if, once you’ve gathered your shopping items, you’re met by a single line that looks a mile long. Queuing theory suggests this is likely the fastest way to get you rung up and moving on.
Materialism has an ugly face but it is here to stay. Rather than focusing efforts to diminish it we should utilise materialism to benefit wider society.
On Black Friday, November 24, outdoor retailer REI will close its stores and urge customers to #OptOutside. But a historian calls this popular campaign light green environmentalism at best.
Holiday retail sales may boom this year – and the lion’s share will not be online purchases. Yet brick-and-mortar retail stores are facing heavy internet competition.
A mix of economic unease and fears of the growth of online shopping is pushing retailers to offer ever-steeper discounts, but there’s a better strategy to make it through the holidays in the black.
While some pundits claim the much-hyped shopping day that follows our Thanksgiving feasts has lost its relevance, the reality is a lot more complicated, as four important facts show.
A. Ant Ozok, University of Maryland, Baltimore County
Americans’ reliance on their smartphones and tablets will drive online shopping revenue to new heights – and could introduce new buying experiences as well.
The end-of-year shopping whirlwind is underway. How does your credit card issuer watch out for fraudulent purchases on your account amid all those transactions?