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For many people, money is tight. Yet retail forecasters are predicting a return to pre-pandemic holiday shopping norms.

The new feature, called Apple Pay Later, lets customers split payments for purchases into four installments over six weeks, with the first installment due at the time of purchase.

Apple launched its own buy now, pay later service, which will allow users to spread out payments without interest amid a time when uncertainty around the economy grows.

Cyber Monday spending reached a record high of $11.3 billion this year as retailers doled out heavy discounts in order to drive demand, according to new data.

In Skift's top stories this week, Airbnb considers eliminating cleaning fees as a separate charge for guests, and IHG unveiled its 18th brand.