Consumer Spending

Consumers Turn To eCommerce Marketplaces, Debit Cards

Consumers Turn To eCommerce Marketplaces, Debit Cards
Consumers Turn To eCommerce Marketplaces, Debit Cards
May 14, 2021  |  Today In Data

Chinese eCommerce company Alibaba said it plans to look for growth in new global markets after finishing a blockbuster year. And in payment methods, the pandemic is showing the...

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AMZN vs WMT Weekly: Counterfeits, Bad Fits And Market Share Slips
AMZN vs WMT Weekly: Counterfeits, Bad Fits And Market Share Slips
May 14, 2021  |  Retail

Amazon and Walmart took on bad actors, bad fitting clothes and bad optics this week as they jockey to outmaneuver each other ahead of Walmart’s...

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April Retail Sales Stall Without Stimulus; Deliver A Flat 0.0 Pct Reading vs March
April Retail Sales Stall Without Stimulus; Deliver A Flat 0.0 Pct Reading vs March
May 14, 2021  |  Retail

Total retail and food sales stalled in April in the face of rising prices and the absence of $1,400 stimulus checks that fueled a record...

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Airbnb Forecasts Historic Travel Rebound, Teases Big Announcements As Q1 Earnings Post
Airbnb Forecasts Historic Travel Rebound, Teases Big Announcements As Q1 Earnings Post
May 13, 2021  |  Earnings

Another strong earnings report out of Airbnb for the first quarter of 2021 as the vaccine rolls out and consumers nationwide gear up to get...

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DoorDash Q1 Revenue Spikes Nearly 200 Pct YOY Amid Food Delivery Surge
DoorDash Q1 Revenue Spikes Nearly 200 Pct YOY Amid Food Delivery Surge
May 13, 2021  |  Earnings

DoorDash revenue grew nearly 200 percent year over year in first quarter 2021, an earnings report says. Get the Full Story Complete the form to...

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PayPal To Migrate Key Payment Apps To Google Cloud
PayPal To Migrate Key Payment Apps To Google Cloud
May 13, 2021  |  Google

PayPal will now be moving numerous core processes to Google Cloud, according to The Wall Street Journal (WSJ). Get the Full Story Complete the form...

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Ripple Effects For Banks, Visa And Mastercard As Consumers Cut Card Balances
Ripple Effects For Banks, Visa And Mastercard As Consumers Cut Card Balances
May 12, 2021  |  Debt

Americans are still borrowing – but not with their cards, which seem to have been kept firmly in their proverbial wallets. There is a reticence...

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Visa US Spending Momentum Index Points To Rising Consumer Confidence
Visa US Spending Momentum Index Points To Rising Consumer Confidence
May 12, 2021  |  Retail

The Visa U.S. Spending Momentum Index (SMI) reached a reading of 136 in April 2021, indicating that the U.S. economic recovery remains on steady ground....

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Amazon, Walmart And The Coming Food Fight In The US Grocery Game
Amazon, Walmart And The Coming Food Fight In The US Grocery Game
May 11, 2021  |  Retail

Walmart’s grocery lead is slipping. That’s the takeaway from a nearly 100-page leaked memo as reported on Monday (May 10), which was distributed to advertisers...

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