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AmEx Survey: Lots more holiday shopping left—and get ready for a busy Dec. 26
Going into the final stretch of the holiday season, a majority of Americans are far from finished with their holiday shopping.
Seventy-three percent (73%) plan to shop last minute (vs. 79% in 2014), as most wait to find the best deals (44% vs. 46% in 2014), according to the latest American Express Spending & Saving Tracker.
Other reasons consumers are shopping last minute include trying to save up until they have enough money (22%, on par with 2014) and difficulty finding the time to shop (20% vs. 16% in 2014).
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Five Below achieves market milestone
Rapidly growing extreme value retailer Five Below could see its share price improve in the coming months as it is added to an important market index.
Five Below will join the S&P SmallCap 600 index effective after the close of trading on Friday, Dec. 18. The change is noteworthy for Five Below because such moves offer trigger increased buying of the company’s shares by funds that track the performance of the index which the company is joining. Five Below replaces UIL Holdings which merged with Iberdrola USA.