Consumer Spending

Digital Sales Surge On Black Friday
Digital Sales Surge On Black Friday
November 29, 2020  |  Retail

Black Friday shoppers stayed home, delivering a feared blow to brick-and-mortar retailers on what usually is one of their biggest days of the year, the...

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Mapping Out Merchants’ Maneuvers For 2021
Mapping Out Merchants’ Maneuvers For 2021
November 27, 2020  |  Payments Innovation

From restaurants to the farthest reaches of retail, rapid digitization is making the best of the COVID-19 mess while setting up conditions for an elevated...

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On The Agenda: Expert Panel Debates How Consumers Will Get Their Holiday Shopping Groove
On The Agenda: Expert Panel Debates How Consumers Will Get Their Holiday Shopping Groove
November 27, 2020  |  Retail

The holiday shopping season — which normally would be  “officially” kicking off as soon as the Thanksgiving dishes are cleared — is going to be...

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HSBC Debuts Open Payments Platform For eCommerce As Alternative To Debit, Credit
HSBC Debuts Open Payments Platform For eCommerce As Alternative To Debit, Credit
November 26, 2020  |  Payment Methods

HSBC has launched its new HSBC Open Payments solution, which will enable companies to install alternatives to debit or credit for customers to pay for...

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Global Outlook: Digital-First Kicks In From Asia To Africa
Global Outlook: Digital-First Kicks In From Asia To Africa
November 26, 2020  |  International

It only seems fitting that a global pandemic would catalyze a global shift toward online shopping. As the busy year-end holiday season gets underway, PYMNTS...

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Thanksgiving Box Office Expected To Be Slim
Thanksgiving Box Office Expected To Be Slim
November 25, 2020  |  Economy

Thanksgiving, usually a good time for the movie theater box office, likely won’t be doing even close to as well this year amid the COVID-19...

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Household Income Down But Consumer Spending Up For Sixth Consecutive Month
Household Income Down But Consumer Spending Up For Sixth Consecutive Month
November 25, 2020  |  Economy

Consumer spending in the U.S. rose 0.5 percent in October while household income declined 0.7 percent, according to a report released by the Bureau of Economic Analysis...

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Black Friday Revisited: 2019 Data Foreshadowed The Emergence Of Digital Trends
Black Friday Revisited: 2019 Data Foreshadowed The Emergence Of Digital Trends
November 25, 2020  |  News

It seems almost unimaginable now, but 12 short months ago the pre-COVID world was filled with stories about doorbuster sales on Thanksgiving afternoon and reports...

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Amid Mixed Signals, US Economy Lifted As Consumer Spending Rises
Amid Mixed Signals, US Economy Lifted As Consumer Spending Rises
November 25, 2020  |  Economy

While the number of U.S. COVID-19 cases is on the rise, consumer spending in advance of the holiday season is boosting the economy, The Wall...

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