As we get closer to the winter holidays, we’re beginning to see some shopping trends emerge, notably that consumer holiday shopping is back near 2019 levels.
According to a recent American economic survey by CNBC, 78 percent of respondents rated the American economy as either “poor” or “fair.” And the economy does still face major challenges, global supply chain issues and inflation being chief among them. But that same poll showed that Americans’ perception of the economy hasn’t stopped them from spending more during the holidays: Respondents plan to spend an average of $1,004 on holiday gifts this year, compared to $886 in 2020 and $987 in 2019.
Popular cycling brand Peloton hopes to be on consumer shopping lists this holiday season, but it recently found itself in a (hilariously) precarious predicament.
(Spoiler alert: If you haven’t watched “And Just Like That” yet, skip ahead to the product launches.)
In the premiere episode of the “Sex and the City” sequel, which aired Thursday, the character Mr. Big, played by Chris Noth, dies of a heart attack after his Peloton class. The plot twist caused stock prices to fall, adding to what’s been a difficult year for the company’s shareholders. But on Sunday, Peloton released an ad with Chris Noth and his character’s Peloton instructor, played by actual instructor Jess King, proclaiming, “He’s alive!” complete with voiceover by Ryan Reynolds. Shares went up 5 percent at the start of the week.
Here at Select, we’ve spent weeks gathering ideas for our gift guides and highlighting new releases to help you shop for everyone on your list. Check out these launches from Grove Collaborative, Universal Standard and McIntosh if you still need gift ideas.
New from Grove Collaborative, Universal Standard and McIntosh
Though the holiday shopping season may be wrapping up early this year, companies continue to release new products and designs. Here are some recently introduced products we’ve gathered based on Select reader interest that you can buy or preorder today.
Grove Collaborative launches pet grooming line
Grove Collaborative released a new pet collection, Good Fur, which, according to the company, is dedicated to sustainability — the full line is made without single-use plastic. Grove Collaborative says that the products do not contain any harsh chemicals or insecticides and that they are made with organic ingredients. The line consists of Soothing Shampoo, Soothing Conditioner, Flea & Tick Shampoo, Flea & Tick Spray, Tear-Free Puppy Shampoo and a Silicone Brush.
Universal Standard introduces new loungewear
Universal Standard, notable for offering clothes in a wide range of sizes — from 00 (4XS) to 40 (4XL) — recently released a new loungewear collection. The company says that the collection is made of high-quality materials, including silk and pima cotton. Available in 22 sizes, each item is under $200. They include the Softie Silky Jersey Pajama Top, Light N Fluffy Waffle Knit Jogger, Dolci Top and more.
McIntosh announces new wireless loudspeakers
McIntosh, known for its premium audio products, released new wireless loudspeakers: the RS 150 and RS 250. Both are described by the company as standalone and completely wireless, with built-in compatibility for platforms such as Apple AirPlay 2, Bluetooth, Chromecast, Roon, Spotify Connect and TIDAL Connect. You can check these approved online dealers for availability.
Related
Ongoing holiday sales
We rounded up these ongoing sales to shop for the holidays and the end of the year. You can also check out our guide to December sales for more solid deals.
- 1-800-Flowers is offering up to 50 percent off holiday flowers and gifts.
- SkinStore is offering up to 50 percent off select last-minute gifts.
- AeroGarden is offering up to 50 percent off sitewide with the code HOLIDAY20.
- The Sill is offering up to 50 percent off select plants, planters, holiday bundles and more.
- Target is offering up to 50 percent off video games and 30 percent off kids’ clothing.
- Adidas is offering up to 40 percent off select styles through Dec. 31.
- The Company Store is offering up to 40 percent off on select items through Dec. 19.
- Colgate is offering up to 35 percent off sitewide through Dec. 31.
- Londontown is offering 25 percent off all items (excluding UV gels and gift cards) using the code JOLLY25 through Dec. 20.
- Kinsa Health is offering 20 percent off sitewide through Jan. 1 with the code CHEERS.
- The Google Store is offering up to $130 off select Nest home security products through Jan. 2.
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