Consumer Spending

Leaked Walmart Memo Shows Grocery Lead Slipping

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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Higher Supply Chain Costs Catch Consumers Off-Guard
Higher Supply Chain Costs Catch Consumers Off-Guard
May 09, 2021  |  Retail

After years of relatively low inflation, Americans have begun to see higher prices for goods and services in the wake of the pandemic, The Wall...

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Post-Pandemic Demand Triggers Chinese Trade Escalation
Post-Pandemic Demand Triggers Chinese Trade Escalation
May 07, 2021  |  International

Post-pandemic demand last month initially spurred a double-digit increase in trade between the U.S. and China, but consumers’ appetites are showing signs of slowing down,...

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Today In Retail: Sally Beauty’s Net Sales Increase; Wayfair’s Revenue Surges
Today In Retail: Sally Beauty’s Net Sales Increase; Wayfair’s Revenue Surges
May 06, 2021  |  Retail

In today’s top retail news, Sally Beauty reported that its second-quarter consolidated same-store sales increased by 6.5 percent, while Wayfair reported that its total revenue...

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As Foot Traffic Returns, Retailers Must Prep For Digital-First Shoppers  
As Foot Traffic Returns, Retailers Must Prep For Digital-First Shoppers  
May 06, 2021  |  Retail

If earnings season has a common theme, beyond the verticals – it doesn’t matter if it’s been the payment networks, the ride-hailing firms or the...

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Consumers Eager To Spend: Mastercard Data Shows 23 Pct Pop In April Retail Sales
Consumers Eager To Spend: Mastercard Data Shows 23 Pct Pop In April Retail Sales
May 06, 2021  |  Retail

Cooped-up U.S. consumers are eager to dress up, get out, eat in restaurants and reconnect with the world, new economic analysis shows. The April Mastercard...

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Mastercard: US Retail Sales Up 23.3 Pct; Restaurants See 2-Month Surge
Mastercard: US Retail Sales Up 23.3 Pct; Restaurants See 2-Month Surge
May 06, 2021  |  Economy

U.S. retail sales had another month of double-digit growth in April, according to a press release from Mastercard emailed to PYMNTS. Get the Full Story...

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