Consumer Spending

Consumers Expect Higher US Household Spending, Even As Some Fear Hard Times
Consumers Expect Higher US Household Spending, Even As Some Fear Hard Times
December 15, 2020  |  Economy

Americans see both good and bad economic times ahead, with consumers predicting the highest jump in household spending in more than four years, even as...

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Economists Predict Post-COVID Rebound, But Many Digital Shifts Will Remain 
Economists Predict Post-COVID Rebound, But Many Digital Shifts Will Remain 
December 15, 2020  |  Payments Innovation

This week’s start of U.S. COVID-19 vaccinations has economists predicting a big rebound for 2021, but PYMNTS data show that plenty of consumers’ pandemic-era changes...

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Klarna Teams With Verifone To Expand In-Store BNPL Availability
Klarna Teams With Verifone To Expand In-Store BNPL Availability
December 15, 2020  |  Buy Now Pay Later

Swedish buy now, pay later (BNPL) startup Klarna has teamed up with Silicon Valley digital payments firm Verifone to advance availability in physical stores across...

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Vaccine Optimism Reigns, But Retailers Must Respect Consumers’ Digital Transformation
Vaccine Optimism Reigns, But Retailers Must Respect Consumers’ Digital Transformation
December 15, 2020  |  Retail

Vaccines are here. They’re being distributed. Finally, optimism and COVID-19 can live in the same sentence. But any retailer that thinks consumers are ready to...

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Deep Dive: Why Seamless Payments Are Key To Customer Engagement During The Pandemic
Deep Dive: Why Seamless Payments Are Key To Customer Engagement During The Pandemic
December 15, 2020  |  Consumer Payments

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Department Stores Adapt to Difficult Season, Count On Revenge Shopping
Department Stores Adapt to Difficult Season, Count On Revenge Shopping
December 14, 2020  |  Retail

There are less than two weeks until Christmas, and the retail industry, as per usual in 2020, finds itself in uncharted territory. The season has...

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US Lawmakers Split Stimulus Proposal Into 2 Plans To Work Out Deal
US Lawmakers Split Stimulus Proposal Into 2 Plans To Work Out Deal
December 13, 2020  |  Economy

American lawmakers, after months at an impasse over what would be included in a stimulus bill, have decided to split the bill into two separate...

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Consumers More Optimistic, Looking To Post-COVID
Consumers More Optimistic, Looking To Post-COVID
December 13, 2020  |  Consumer Insights

U.S. consumers, the driving force behind two-thirds of gross domestic product (GDP), say they are beginning to feel better about the current and foreseeable economic...

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Whole Paycheck Tracker: Amazon, Walmart Play Different Roles In Vaccine Distribution
Whole Paycheck Tracker: Amazon, Walmart Play Different Roles In Vaccine Distribution
December 11, 2020  |  Walmart Amazon whole paycheck

After a year in which both Walmart and Amazon prospered in their share of the digital-first economy, the two retailers who lay claim to the...

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