Consumer Spending

Stitch Fix Founder Katrina Lake To Step Down Aug 1

Stitch Fix Founder Katrina Lake To Step Down Aug 1
Stitch Fix Founder Katrina Lake To Step Down Aug 1
April 14, 2021  |  Personnel

Katrina Lake, founder of online personal styling service Stitch Fix, will step down in August from her CEO position, a letter to the company says,...

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Today In Digital-First Banking: CitiConnect Processes 1 Billion Calls Since Rollout; NY Fed: Consumers Bolster Spending Expectations
Today In Digital-First Banking: CitiConnect Processes 1 Billion Calls Since Rollout; NY Fed: Consumers Bolster...
April 13, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Citi announced that its application programming interface (API) connectivity platform has processed more than 1 billion API calls...

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Wells, Citi, JPM Q1 To Reflect Focus On Resilient Consumer
Wells, Citi, JPM Q1 To Reflect Focus On Resilient Consumer
April 13, 2021  |  Earnings

Every three months earnings season arrives, like clockwork. And every three months we get commentary from publicly traded firms’ management on the health of the...

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Mastercard Launches Tool For Banks To Help Consumers Calculate Carbon Footprint
Mastercard Launches Tool For Banks To Help Consumers Calculate Carbon Footprint
April 12, 2021  |  Mastercard

Mastercard and Swedish FinTech Doconomy have collaborated to develop a tool that lets consumers calculate the carbon footprint of their shopping habits, according to a...

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Drug Stores, Hardware And Clothing Retailers See ‘Least Sticky’ Online Sales Gains
Drug Stores, Hardware And Clothing Retailers See ‘Least Sticky’ Online Sales Gains
April 12, 2021  |  Retail

There’s no question that the pandemic accelerated the digital shift, pushing online retail sales to new heights in a matter of months — faster than...

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Fed Chair Powell: Economy Is At An Inflection Point
Fed Chair Powell: Economy Is At An Inflection Point
April 11, 2021  |  Economy

In an interview with CBS, Federal Reserve Chairman Jerome Powell sees signs for optimism in the economy ahead — though only under some conditions. Get...

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Store Closed: Google Shopping App Is Out Of Business
Store Closed: Google Shopping App Is Out Of Business
April 11, 2021  |  Google

Google will be shutting down the Shopping application, due to redundancy with what users can already do with the Shopping tab online, a report from...

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Amex: Digital Tools Will Bring Consumers Back To Restaurants
Amex: Digital Tools Will Bring Consumers Back To Restaurants
April 09, 2021  |  Restaurant innovation

According to recent reports, the road to recovery is something of a long slow walk as consumers remain hesitant to get back out there. Even...

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UK Card Spending Continues Recovery
UK Card Spending Continues Recovery
April 08, 2021  |  Payment Methods

Spending via debit and credit card use in the United Kingdom has reached 88 percent of its pre-pandemic level — its highest level since Christmas,...

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