Consumer Spending

Cyber Monday Sales Fall to $10.7B

Cyber Monday Sales Fall to $10.7B
Cyber Monday Sales Fall to $10.7B
November 30, 2021  |  Retail

Cyber Monday sales fell for the first time in at least a decade, dropping 1.4% from $10.8 billion last year to $10.7 billion this year,...

READ MORE >
Omicron Variant Fails to Darken Black Friday Selling as Some Restrictions Return
Omicron Variant Fails to Darken Black Friday Selling as Some Restrictions Return
November 29, 2021  |  Retail

Discovered in South Africa on Nov. 25 with the first North American cases appearing in days, the new COVID-19 variant designated as Omicron is living...

READ MORE >
As Rolling COVID Disaster Turns to Omicron, Online Shopping Never More Important for Retailers
As Rolling COVID Disaster Turns to Omicron, Online Shopping Never More Important for Retailers
November 29, 2021  |  Retail

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

READ MORE >
Black Friday Results Put Pressure on Walmart to Keep up With Amazon
Black Friday Results Put Pressure on Walmart to Keep up With Amazon
November 29, 2021  |  Retail

Though online Black Friday shopping was down slightly compared to last year, more shoppers still looked online for deals than in-store, with over two-thirds visiting...

READ MORE >
Digital Ordering Boom Gives Restaurants a Bigger Slice of Thanksgiving Spending
Digital Ordering Boom Gives Restaurants a Bigger Slice of Thanksgiving Spending
November 25, 2021  |  Retail

Thanksgiving is famously a holiday for home cooking, but this year, restaurants will be seeing a bigger piece of the consumer pie as the food...

READ MORE >
Black Friday Could See Greater Digital Shift Than Ever
Black Friday Could See Greater Digital Shift Than Ever
November 24, 2021  |  Retail

With Black Friday officially underway, nearly three-quarters of consumers have now begun their holiday shopping in a year that’s expected to be more digital than...

READ MORE >
AMZN vs WMT Weekly: Amazon Finally Matches Walmart for Consumer Retail Sales
AMZN vs WMT Weekly: Amazon Finally Matches Walmart for Consumer Retail Sales
November 24, 2021  |  Retail

Though both Amazon and Walmart began their holiday promotions weeks ago, the two largest retailers in the U.S. are still counting on the days between...

READ MORE >
Inflation Is Strong, but Consumer Spending Might Be Stronger
Inflation Is Strong, but Consumer Spending Might Be Stronger
November 24, 2021  |  Economy

Even in the face of the fast inflation in three decades, American consumers don’t seem to be afraid to spend. Get the Full Story Complete...

READ MORE >
Today in Retail: Gap Leans on Portfolio of Brands; Afterpay Set to Launch Subscription Service
Today in Retail: Gap Leans on Portfolio of Brands; Afterpay Set to Launch Subscription Service
November 24, 2021  |  Retail

In today’s top retail news, Gap says supply chain issues will likely persist into early next year, while Afterpay is preparing to launch a subscription...

READ MORE >