Consumer Spending

Are We On The Cusp Of Roaring ’20s Retail Rebound Or A Long, Challenging Slog?

Are We On The Cusp Of Roaring ’20s Retail Rebound Or A Long, Challenging Slog?
Are We On The Cusp Of Roaring ’20s Retail Rebound Or A Long, Challenging Slog?
February 16, 2021  |  Retail

Given that consumer spending accounts for 70 percent of the U.S. economy, it’s safe to say the monthly reading on retail sales on Wednesday (Feb....

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Study: Retailers Snag Trend-Seeking Consumers With Product Drops And Sales Events
Study: Retailers Snag Trend-Seeking Consumers With Product Drops And Sales Events
February 16, 2021  |  Retail

Product Drops: Retail’s New Conversion Play, a PYMNTS and Scalefast collaboration, investigates how consumers are participating in events such as product drops, flash sales and...

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Data Shows Lower-Income COVID-19 Aid Recipients Quickly Spend The Funds
Data Shows Lower-Income COVID-19 Aid Recipients Quickly Spend The Funds
February 15, 2021  |  Coronavirus

Lower-income recipients of COVID-19 relief payments are quickly spending the money they get, the Wall Street Journal reported Sunday (Feb. 14), citing data gleaned from...

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February Consumer Sentiment Index Hits Six-Month Low
February Consumer Sentiment Index Hits Six-Month Low
February 12, 2021  |  Consumer Finance

Consumer attitudes about the state of the economy unexpectedly dropped to a six-month low despite good news about vaccinations and more stimulus funds on the...

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Businesses, Consumers On Different COVID Recovery Timetables
Businesses, Consumers On Different COVID Recovery Timetables
February 11, 2021  |  Coronavirus

With vaccines being rolled out and an end in sight, the temptation is to start whiningly asking “are we there yet?” when it comes to...

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Mastercard Network Will Support Select Cryptocurrencies
Mastercard Network Will Support Select Cryptocurrencies
February 10, 2021  |  Cryptocurrency

Mastercard has announced it will be offering support for cryptocurrencies on its network this year, Reuters reported. Get the Full Story Complete the form to...

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BNPL Gives Cash-Strapped Consumers Spending Control Post-Holiday
BNPL Gives Cash-Strapped Consumers Spending Control Post-Holiday
February 10, 2021  |  Buy Now Pay Later

The year 2020 was a big one for buy now, pay later (BNPL) arrangements in retail, as a perfect storm of occurrences pushed consumers online...

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Consumer Price Index Still Up After Pandemic Slump
Consumer Price Index Still Up After Pandemic Slump
February 10, 2021  |  Consumer Finance

The cost of U.S. consumer goods and services went up again in January, as inflation remained largely unwavering. The January Consumer Price Index (CPI), which...

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Today In Payments: DoorDash Acquires Robotic Food Prep Company; RBC Says Apple Pay Should Include Crypto Functionality
Today In Payments: DoorDash Acquires Robotic Food Prep Company; RBC Says Apple Pay Should Include...
February 09, 2021  |  News

In today’s top news, DoorDash is acquiring food prep company Chowbotics, and an RBC analyst said Apple Pay should develop crypto functionalities. Plus, a report...

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