Consumer Spending

Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets

Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
November 16, 2023  |  Consumer Finance

Consumers examining the debt they’re carrying — and the cost of servicing that debt — may be tempted to make the switch away from credit...

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60% of Leisure Travel Expenses Fueled by Gen X and Millennials
60% of Leisure Travel Expenses Fueled by Gen X and Millennials
November 16, 2023  |  Travel Payments

Despite economic uncertainty and financial concerns, Americans have chosen to prioritize travel over savings this year. This trend applies to all generations, but it’s Gen...

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Job Market Softens As Ongoing Unemployment Claims Rise
Job Market Softens As Ongoing Unemployment Claims Rise
November 16, 2023  |  Economy

The “durable” job market economists had been touting all year now seems a bit softer. Get the Full Story Complete the form to unlock this...

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Clothing, Furnishings and Appliances Lead In-Store Purchases
Clothing, Furnishings and Appliances Lead In-Store Purchases
November 16, 2023  |  Retail

The rise of eCommerce and the integration of online and offline shopping have shaped the way consumers are making their purchases.  Get the Full Story...

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Pickup and Delivery Drive Walmart’s 24% eCommerce Surge, as Consumer Spending Slows
Pickup and Delivery Drive Walmart’s 24% eCommerce Surge, as Consumer Spending Slows
November 16, 2023  |  eCommerce

Walmart has made the consumer spending slowdown official. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Brick-and-Mortar Merchants to Take a Hit as Retail Sales Sputter?
Brick-and-Mortar Merchants to Take a Hit as Retail Sales Sputter?
November 15, 2023  |  Retail

Seven months of spending at the register… and now comes an interruption. Get the Full Story Complete the form to unlock this article and enjoy...

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Target Says ‘Tis the Season for Financial Stress
Target Says ‘Tis the Season for Financial Stress
November 15, 2023  |  Earnings

Consumers continue to face economic challenges, even as inflation takes a dip, and the punchline continues to show up in retail receipts. In reporting its...

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The Challenge of Establishing Trust in the Age of Anonymous Commerce
The Challenge of Establishing Trust in the Age of Anonymous Commerce
November 15, 2023  |  eCommerce

“Trust, in the digital age,” Doriel Abrahams, head of risk in the U.S. at Forter, told PYMNTS, “is a lot different than it used to...

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