Consumer Spending

Today In Retail: DICK’S Sporting Goods Unveils Athletic Brand; Flowspace Lands $31 Million Investment

Today In Retail: DICK’S Sporting Goods Unveils Athletic Brand; Flowspace Lands $31 Million Investment
Today In Retail: DICK’S Sporting Goods Unveils Athletic Brand; Flowspace Lands $31 Million Investment
March 16, 2021  |  Retail

In today’s top retail news, DICK’S Sporting Goods has launched its VRST athletic apparel brand, while Flowspace has raised $31 million in new funding. Plus,...

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February Retail Sales Drop 3 Pct After January’s Stimulus Spending Dried Up
February Retail Sales Drop 3 Pct After January’s Stimulus Spending Dried Up
March 16, 2021  |  Retail

Retail sales, the nation’s broadest measure of consumer activity, fell 3 percent last month, contracting far more than economists were expecting while marking a stark...

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eCommerce’s Trillion-Dollar Year Is (Easily) In Sight 
eCommerce’s Trillion-Dollar Year Is (Easily) In Sight 
March 16, 2021  |  eCommerce

A trillion dollars is a lot of money, by any stretch of the imagination. Now it’s a bit of a benchmark, perhaps a psychological one....

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Good Eggs’ Grocery Delivery Expands the Concept of Local Eating
Good Eggs’ Grocery Delivery Expands the Concept of Local Eating
March 16, 2021  |  Retail

In the last year, American consumers’ adoption of online grocery solutions has rapidly accelerated. PYMNTS research found that, by December, 23 percent of U.S. grocery...

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With Pandemic Boost, eCommerce On Track To Hit $1 Trillion By 2022
With Pandemic Boost, eCommerce On Track To Hit $1 Trillion By 2022
March 15, 2021  |  eCommerce

With the pandemic having dramatically shifted the way U.S. citizens shop, eCommerce is expected to have its first $1 trillion year in revenue by 2022,...

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Is Amazon About To Start A Food Fight With Walmart Over Physical Stores?
Is Amazon About To Start A Food Fight With Walmart Over Physical Stores?
March 15, 2021  |  Retail

Just as Amazon finally caught up to Walmart in the battle for share of total U.S. retail sales, the dominant digital retailer looks to be...

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Retail, Manufacturing Activity Exceeds Expectations In China
Retail, Manufacturing Activity Exceeds Expectations In China
March 15, 2021  |  Retail

Factory and retail industry activity jumped in China during January and February, coming out ahead of expectations, Reuters reported. Get the Full Story Complete the...

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Stimulus III: Turning Savers Into Spenders Could Define Economic Recovery
Stimulus III: Turning Savers Into Spenders Could Define Economic Recovery
March 15, 2021  |  Economy

The next six weeks will arguably be the most impactful slice of economic time since 2008 and maybe of the last 50 years. What many...

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Back To Normal: China Draws Down Economic Stimulus Efforts
Back To Normal: China Draws Down Economic Stimulus Efforts
March 15, 2021  |  International

China, as it sees the effects of the pandemic recede, has begun wrapping up its pandemic economic stimulus efforts, the Wall Street Journal (WSJ) writes....

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