Consumer Spending

Beauty Buyers’ Club Beauty Pie Lands $100M

Beauty Buyers’ Club Beauty Pie Lands $100M
Beauty Buyers’ Club Beauty Pie Lands $100M
September 08, 2021  |  Investments

The beauty buyers’ club Beauty Pie has closed a $100 million funding round and said it is planning to expand its reach beyond its direct-to-consumers...

READ MORE >
No Pain, No Gain: Amazon and Walmart Fight for Electronics Share Stagnates
No Pain, No Gain: Amazon and Walmart Fight for Electronics Share Stagnates
September 08, 2021  |  Retail

Amazon and Walmart have both seen their share of electronics and appliance sales remain relatively unchanged for the past two quarters, with Walmart struggling to...

READ MORE >
LendingClub CEO Says Breadth of Consumers Living Paycheck to Paycheck Is ‘Wake-up Call’
LendingClub CEO Says Breadth of Consumers Living Paycheck to Paycheck Is ‘Wake-up Call’
September 08, 2021  |  Consumer Finance

The paycheck-to-paycheck economy reaches far and wide, as a growing number of individuals and families across the U.S. struggle mightily to make ends meet. Get...

READ MORE >
Delta Variant Thwarts Economists’ Labor Day Optimism
Delta Variant Thwarts Economists’ Labor Day Optimism
September 07, 2021  |  Pandenomics

The surge in the delta variant of COVID-19 has the U.S. seeing new hurdles thwarting its economic recovery, according to a report from The Wall...

READ MORE >
CVC Could Sell Its Stake in Watchmaker Breitling
CVC Could Sell Its Stake in Watchmaker Breitling
September 03, 2021  |  Retail

CVC Capital Partners could sell a substantial minority stake in Breitling SA, one of the last independent watchmakers in Switzerland, according to a Bloomberg report...

READ MORE >
As Summer Winds Down, Grocers Have the Opportunity to Earn Consumers’ Food-at-Home Loyalty
As Summer Winds Down, Grocers Have the Opportunity to Earn Consumers’ Food-at-Home Loyalty
September 03, 2021  |  Retail

As the vacations and social events of summer give way to the steadier autumn months, grocers have an opportunity to win back consumers’ food spending...

READ MORE >
More Than 50M People Now Subscribe to YouTube Music
More Than 50M People Now Subscribe to YouTube Music
September 02, 2021  |  Consumer Payments

YouTube Music has hit a new milestone as its paid subscribers now total 50 million, YouTube’s Global Head of Music Lyor Cohen wrote. Get the...

READ MORE >
August US Consumer Confidence Lowest in 6 Months
August US Consumer Confidence Lowest in 6 Months
August 31, 2021  |  Economy

Confidence among U.S. consumers dropped in August to its lowest level since February as the COVID-19 delta variant continued its spread and higher inflation rates...

READ MORE >
Consumers Spend More On Services Than Goods In Sluggish July
Consumers Spend More On Services Than Goods In Sluggish July
August 27, 2021  |  Economy

Consumer spending — the driving force in the U.S. economy — was up in July, but at 0.3 percent, just a fraction of last month’s...

READ MORE >