Consumer Spending

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
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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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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