Consumer Spending

Spike in Social Media, Messaging and App Use Is Pathway to eCommerce

Spike in Social Media, Messaging and App Use Is Pathway to eCommerce
Spike in Social Media, Messaging and App Use Is Pathway to eCommerce
October 31, 2022  |  Retail

When it comes to increasing digital engagement, traditional eCommerce can take cues from social media and messaging. As new PYMNTS data found, a spike in...

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Americans Still Have $1.7T in Savings as Recession Looms
Americans Still Have $1.7T in Savings as Recession Looms
October 31, 2022  |  Consumer Finance

Thanks in part to government intervention during the pandemic, Americans have banked about $1.7 trillion in savings, according to the Federal Reserve. Get the Full...

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Restaurants Outpace Aggregators 2-to-1 in Online Ordering
Restaurants Outpace Aggregators 2-to-1 in Online Ordering
October 31, 2022  |  Delivery

In the battle for digital orders, restaurants are way ahead of third-party aggregators. Get the Full Story Complete the form to unlock this article and...

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EU Consumers Tighten Belts as Cost of Living Rises
EU Consumers Tighten Belts as Cost of Living Rises
October 30, 2022  |  Economy

Rising interest rates and energy costs have forced consumers in Europe to start reducing their discretionary spending. Get the Full Story Complete the form to...

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Amazon Versus Walmart Study Shows Who’s Winning Consumer Retail Spend
Amazon Versus Walmart Study Shows Who’s Winning Consumer Retail Spend
October 28, 2022  |  Retail

Retail behemoths Amazon and Walmart have become the two fiercest competitors for consumers’ retail spending. While the proliferation of mobile devices, apps and payment technologies...

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Mars Taps Item-Level Receipt Data with Loyalty Partnership
Mars Taps Item-Level Receipt Data with Loyalty Partnership
October 28, 2022  |  Retail

In an effort to better understand how consumers are buying its products, candymaker Mars has announced a new partnership with consumer rewards app Fetch to offer points...

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Amazon’s Profit Pain Will Be Felt by Rivals and Customers
Amazon’s Profit Pain Will Be Felt by Rivals and Customers
October 28, 2022  |  Retail

When the world’s largest eCommerce company sneezes, to bend the analogy, the retail industry catches a cold.  Get the Full Story Complete the form to...

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BEA Reports 2.6% Growth in Real GDP in Q3
BEA Reports 2.6% Growth in Real GDP in Q3
October 27, 2022  |  Economy

After dipping in the first and second quarters, real gross domestic product (GDP) rose at an annual rate of 2.6% in the third quarter, according...

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Retail Consumer Demand Slows in Europe, MENA Accelerates Omnichannel
Retail Consumer Demand Slows in Europe, MENA Accelerates Omnichannel
October 27, 2022  |  emea

In the past week, observers of global retail trends have received the latest statistics from Eurostat, which show that retail sales in the EU fell...

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