Consumer Spending

Rising Retail Returns Outpace Growth of Online Sales

Rising Retail Returns Outpace Growth of Online Sales
Rising Retail Returns Outpace Growth of Online Sales
January 26, 2022  |  Retail

After weeks of speculation and reporting on what the post-holiday period known as “returns season” might look like, we now have a number: $761 billion....

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Report: 70% of BNPL Users Would Use Bank Installment Options, if Available
Report: 70% of BNPL Users Would Use Bank Installment Options, if Available
January 26, 2022  |  BNPL

  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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American Express: US Cardholders Spent More Than $6,500 in Q4
American Express: US Cardholders Spent More Than $6,500 in Q4
January 25, 2022  |  Earnings

American Express posted fourth-quarter results that showed consumer spending on its card remained unabated through the holiday season. Get the Full Story Complete the form...

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Record Spending Gives AmEx a Profitable Q4
Record Spending Gives AmEx a Profitable Q4
January 25, 2022  |  Credit Cards

American Express Chief Financial Officer Jeff Campbell downplayed the omicron variant’s effect on travel spending Tuesday (Jan. 25) after the company saw its fourth-quarter profit...

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Data From Decades Past Show That Restaurants Need Not Worry About Inflation
Data From Decades Past Show That Restaurants Need Not Worry About Inflation
January 18, 2022  |  Economy

With rapid inflation, many consumers are growing acutely aware of rising costs. Get the Full Story Complete the form to unlock this article and enjoy...

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Today in Data: Fast-Tracking Digital Transformation, Global Merchants Seek Localized Payments, Consumers Hungry to Spend
Today in Data: Fast-Tracking Digital Transformation, Global Merchants Seek Localized Payments, Consumers Hungry to Spend
January 18, 2022  |  Today In Data

Today in Data, global merchants are pushing to enhance their ability to collect localized payments from shoppers. Plus, retail consumers have an appetite to spend...

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Big Bank Earnings Show Consumer Spending’s Continued Resilience
Big Bank Earnings Show Consumer Spending’s Continued Resilience
January 17, 2022  |  Banking

As earnings season gets underway, a trio of big bank earnings points to variations on some themes: Consumers are still spending, loan losses seem manageable...

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Small Restaurants Jump on BNPL Bandwagon, Study Reveals
Small Restaurants Jump on BNPL Bandwagon, Study Reveals
January 17, 2022  |  Buy Now Pay Later

While buy now, pay later (BNPL) options may not typically be associated with the restaurant industry, Main Street eateries are looking to leverage these payment...

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Consumers Still Have ‘Appetite to Spend’ as Omicron Dip Seen as Temporary
Consumers Still Have ‘Appetite to Spend’ as Omicron Dip Seen as Temporary
January 17, 2022  |  Retail

Amidst a surge in the omicron variant of COVID-19 and a weaker-than-expected slump in December retail sales, pessimism has gotten the best of many consumers...

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