Consumer Spending

Saks Fifth Avenue CEO Lauds Holiday Luxury Buying Binge

Saks Fifth Avenue CEO Lauds Holiday Luxury Buying Binge
Saks Fifth Avenue CEO Lauds Holiday Luxury Buying Binge
January 21, 2021  |  Retail

Saks Fifth Avenue CEO Marc Metrick said luxury retail could be called “comfort food” for those mired in pandemic-related stress, CNBC reported. Get the Full...

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Grocery Roundup: Vaccines Out, CPGs Up And Costco Expands Curbside Pickup
Grocery Roundup: Vaccines Out, CPGs Up And Costco Expands Curbside Pickup
January 21, 2021  |  Retail

It was a particularly busy week in the grocery segment, as players big and small were pulling double duty — attempting to up the level...

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Restaurants Report Revenue Hikes After $900 Billion Stimulus
Restaurants Report Revenue Hikes After $900 Billion Stimulus
January 20, 2021  |  Economy

Restaurant chains say the recent personal stimulus checks have helped them out, a Wall Street Journal report says, though spending patterns from last time around suggest...

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One Year Later: Five Ways COVID Has Changed The Digital Consumer
One Year Later: Five Ways COVID Has Changed The Digital Consumer
January 20, 2021  |  Coronavirus

Apart from being Inauguration Day in Washington, D.C., January 20, 2021 is also an important date for an almost completely unconnected reason. It was one...

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Goldman And BofA Earnings: A Tale Of Two Banks (And Digital Strategies)
Goldman And BofA Earnings: A Tale Of Two Banks (And Digital Strategies)
January 18, 2021  |  Earnings

The earnings theme for Tuesday (Jan. 19), at least in financial services, might be termed: A tale of two banks. Get the Full Story Complete the...

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Will China’s GDP Rebound (And Retail Spending) Stay The Course?
Will China’s GDP Rebound (And Retail Spending) Stay The Course?
January 18, 2021  |  International

A rebound, yes, but perhaps ominous signs in consumer spending? Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week
Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week
January 18, 2021  |  Retail

Every year for the last 110 years, members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the...

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Biden Taps FTC’s Rohit Chopra To Head CFPB
Biden Taps FTC’s Rohit Chopra To Head CFPB
January 18, 2021  |  Consumer Finance

Rohit Chopra, a commissioner at the Federal Trade Commission (FTC), has been tapped by President-elect Joe Biden to head the Consumer Financial Protection Bureau (CFPB),...

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Holiday Sales Shot Up 8.3 Pct In 2020
Holiday Sales Shot Up 8.3 Pct In 2020
January 15, 2021  |  Retail

Despite the ongoing pandemic, retail holiday sales were 8.3 percent higher in 2020 than in 2019, surprising even the National Retail Federation (NRF). Get the...

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