Consumer Spending

Target’s Digital-First Investments Continue To Pay Off In Q1 Earnings

Target’s Digital-First Investments Continue To Pay Off In Q1 Earnings
Target’s Digital-First Investments Continue To Pay Off In Q1 Earnings
May 19, 2021  |  Retail

After preparing for the digital-first economy for years, Target is arguably becoming the retailer that has gained the most from its arrival. Riding the strength...

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Post-Pandemic Commerce Starts To Take Shape
Post-Pandemic Commerce Starts To Take Shape
May 18, 2021  |  Commerce

As Macy’s CEO Jeff Gennette told analysts on a Tuesday (May 18) conference call, “Clearly, our customer is ready to get on with life.” And...

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Consumers Eye Retail Settings For ‘Spendable’ Crypto 
Consumers Eye Retail Settings For ‘Spendable’ Crypto 
May 18, 2021  |  Cryptocurrency

There might be a long way to go before we buy things with bitcoin without a second thought, where Ripple’s XRP is right up there...

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COVID Variants Dampen UK Business Reopenings
COVID Variants Dampen UK Business Reopenings
May 18, 2021  |  International

Almost 1 million people went back to work in the U.K. even as new COVID-19 variants continue to circle, according to the Financial Times (FT)...

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Fed Survey: 1 In 4 Adults ‘Worse Off’ In 2020 Than Before Pandemic
Fed Survey: 1 In 4 Adults ‘Worse Off’ In 2020 Than Before Pandemic
May 17, 2021  |  Economy

We may be getting through the pandemic, with light at the end of the proverbial tunnel, but the economic impacts still appear to be lingering....

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Luxury Goods Sales Returning To Pre-COVID Levels, Bain Says
Luxury Goods Sales Returning To Pre-COVID Levels, Bain Says
May 17, 2021  |  Retail

Sales of luxury goods could rebound from the effects of the coronavirus as early as this year, thanks to shoppers in the U.S. and China,...

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Report: Twitter Eyes $3 Monthly Subscription Dubbed ‘Twitter Blue’
Report: Twitter Eyes $3 Monthly Subscription Dubbed ‘Twitter Blue’
May 16, 2021  |  Subscriptions

Twitter is debuting a new subscription service called ‘Twitter Blue,’ according to a report from CNet. Get the Full Story Complete the form to unlock...

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Wells Fargo Analyst Predicts US Banks To Shed 10 Pct Of Jobs
Wells Fargo Analyst Predicts US Banks To Shed 10 Pct Of Jobs
May 16, 2021  |  Banking

Bank analysts say the U.S. banks might end up cutting as many as 200,000 jobs in the next decade as consumer banking behavior undergoes shifts,...

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Green Shoots And Challenges In Retail
Green Shoots And Challenges In Retail
May 15, 2021  |  Today In Data

Overall retail and food sales stalled in April in the face of increasing prices and the absence of stimulus checks that powered a large increase in March....

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