Consumer Spending

Today In Retail: Faire’s Fundraise Increases Valuation To $7 Billion; Hims & Hers Appoints Miley Cyrus As A Creative Advisor

Today In Retail: Faire’s Fundraise Increases Valuation To $7 Billion; Hims & Hers Appoints Miley Cyrus As A Creative Advisor
Today In Retail: Faire’s Fundraise Increases Valuation To $7 Billion; Hims & Hers Appoints Miley...
June 10, 2021  |  Retail

In today’s top retail news, Faire has landed $260 million in funding headed up by Sequoia Capital, while Miley Cyrus has become a creative advisor...

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Mastercard Projects 78 Pct Pop In Back-To-School Apparel Sales
Mastercard Projects 78 Pct Pop In Back-To-School Apparel Sales
June 10, 2021  |  Retail

U.S. retail sales are anticipated to be up 5.5 percent outside of automotive and gasoline over the important back-to-school shopping season of July 15 to...

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Consumer Price Index Surges 5 Pct, Beating Forecasts
Consumer Price Index Surges 5 Pct, Beating Forecasts
June 10, 2021  |  Economy

The U.S. Consumer Price Index (CPI) surged 5 percent year over year in May, the fastest pace since August 2008 and higher than Wall Street...

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NRF: US Consumers Expected To Propel Retail Sales To Over $4.44 Trillion In 2021
NRF: US Consumers Expected To Propel Retail Sales To Over $4.44 Trillion In 2021
June 09, 2021  |  Economy

The National Retail Federation (NRF) has revised its annual forecast for 2021, now saying retail sales are likely to grow between 10.5 percent and 13.5...

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Visa: 59 Pct. Of Consumers Spending More Than In 2020
Visa: 59 Pct. Of Consumers Spending More Than In 2020
June 09, 2021  |  Consumer Finance

Visa released the findings from its U.S. Spending Momentum Index (SMI) on Wednesday (June 9), a report that shows that “the U.S. consumer recovery remains...

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Merchant Acceptance Will Unlock Trillions In Pent-Up Crypto Spending Power
Merchant Acceptance Will Unlock Trillions In Pent-Up Crypto Spending Power
June 08, 2021  |  Cryptocurrency

Bitcoin may get a lot of attention, but it is only part of the broader digital currency equation. Get the Full Story Complete the form...

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Spending By JPMorgan Credit Customers Up 17 Pct Over 2019
Spending By JPMorgan Credit Customers Up 17 Pct Over 2019
June 03, 2021  |  Consumer Insights

J.P. Morgan credit card customers have spent 17 percent more year-to-date as compared to the same time in 2019, Reuters reported, quoting bank co-president Gordon...

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Fed: Vaccines, Relaxed Social Distancing Boost Economy, But Companies Still Have Trouble Hiring
Fed: Vaccines, Relaxed Social Distancing Boost Economy, But Companies Still Have Trouble Hiring
June 02, 2021  |  Economy

The Federal Reserve said Wednesday (June 2) that the U.S. economy grew at a moderate clip between early April and late May, according to the...

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SMBs And The Consumer Loyalty Challenge Worldwide
SMBs And The Consumer Loyalty Challenge Worldwide
June 02, 2021  |  SMBs

In theory, the pandemic period has done wonders to boost consumers’ connections to their local businesses worldwide. When PYMNTS, in cooperation with Pollinate, surveyed 4,519...

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