Consumer spending in the United States gradually increased last month as shoppers arose from lockdown. Mastercard figures indicated that retail sales in the U.S., outside of the auto industry, fell only 5.6 percent in May from a year prior compared to a 14.1 percent drop...
Motivating a change in consumers or retailers is not always easy work, a reality evidenced by the plodding pace of contactless payments in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Signet Jewelers, the parent company of some of the best-known jewelry chains — including Kay Jewelers, Zales and Jared — plans to permanently close nearly 400 stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Gift cards may be the gift that keeps on giving — not just for the recipients, but also for the companies that issue them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
As many as 25,000 stores could close by year’s end, most of them in malls, as part of the fallout from COVID-19, a new survey reveals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
How the mighty have fallen — on hard times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
Consumers whose wallets are bulging with gift cards issued by now-bankrupt retailers should think about spending them now — since they may become worthless. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
When the pandemic hit and shut down hair salons along with other businesses nationwide, the effect on personal aesthetics started out as something of a joke. TV personality Kelly Ripa began tracking the progress of her gray roots growing out, celebrities began serving up their makeup-free selfies and people shaved...
This year, about 45 million Americans will go on some kind of weight loss diet, and they’ll spend $33 billion doing it. However, very few of them will get to the core of how and why they became overweight in the first place. One of...
