Consumer Spending

Ripple Effects For Banks, Visa And Mastercard As Consumers Cut Card Balances

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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D2Cs And Digitally Native Brands Opening Stores Could Save Malls
D2Cs And Digitally Native Brands Opening Stores Could Save Malls
May 11, 2021  |  Retail

After thinning the herd over the past decade and pushing many shopping malls to the brink of extinction, new research shows that an array of...

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HanesBrands Net Sales Jump 25 Pct; Company Unveils Three-Year Growth Plan
HanesBrands Net Sales Jump 25 Pct; Company Unveils Three-Year Growth Plan
May 11, 2021  |  Retail

HanesBrands Inc. posted $1.51 billion in net sales from continuing operations for the first quarter concluding April 3, 2021, marking a 25 percent jump from...

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Bankers Worried Over Credit Card Balances Paid In Full
Bankers Worried Over Credit Card Balances Paid In Full
May 11, 2021  |  Banking

Consumers are continuing the pandemic-fueled habit of paying off credit card balances, a practice that now has bankers more than a little worried, The Wall...

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Leaked Walmart Memo Shows Grocery Lead Slipping
Leaked Walmart Memo Shows Grocery Lead Slipping
May 10, 2021  |  Retail

As consumers have shifted their food spending towards grocery over the past 14 months, major industry players have taken the opportunity to invest in their...

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Dogonomics: From Mass Retailers To D2C Startups, Pet Care Is Booming
Dogonomics: From Mass Retailers To D2C Startups, Pet Care Is Booming
May 10, 2021  |  Retail

Whether it’s Walmart or Wagable, Chewy or Cat Person, the mix of retailers and service providers looking to take a bite out of the $100...

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Party City Says Special Occasions And Events Are Up
Party City Says Special Occasions And Events Are Up
May 10, 2021  |  Retail

Party City Holdco Inc., the party goods company, posted an approximately 36 percent jump in brand comparable sales in the first quarter from the 13...

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