Consumer Spending

Bank of America: Spending Up Over 2019 Despite Virus Acceleration

Bank of America: Spending Up Over 2019 Despite Virus Acceleration
Bank of America: Spending Up Over 2019 Despite Virus Acceleration
December 10, 2020  |  Economy

Bank of America customers are spending more across all accounts than they did last year, but more stimulus is needed to support small businesses and...

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App Annie: Consumers Spending In App Stores Up 25 Pct To $112 Billion
App Annie: Consumers Spending In App Stores Up 25 Pct To $112 Billion
December 09, 2020  |  Mobile Applications

Spending in app stores soared this year, according to a report from App Annie, with the global spend total hitting $112 billion and growing 25...

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JPMorgan Forecasts Record Online Holiday Shopping Season
JPMorgan Forecasts Record Online Holiday Shopping Season
December 04, 2020  |  Retail

J.P. Morgan Chase said that brisk Black Friday and Cyber Monday sales are likely indicators of a record-breaking eCommerce holiday shopping season. Get the Full...

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Credit Unions Encouraged To Get Aggressive With Digital Strategies
Credit Unions Encouraged To Get Aggressive With Digital Strategies
December 04, 2020  |  Credit Unions

The 2020 winter holidays are going to be quite a bit different than they’ve ever been. Get the Full Story Complete the form to unlock...

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Black Friday 2020: Fresh Data Tells A Tale Of Immense Retail Transitions
Black Friday 2020: Fresh Data Tells A Tale Of Immense Retail Transitions
December 03, 2020  |  Retail

Of the many data-based insights contained in the new Black Friday 2020 Report: Crossing the Digital-Physical Shopping Divide, one line captures the mood of this...

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Quick-Service, Fast-Casual Restaurant Gift Card Sales Outpace Upscale Competitors, Study Finds
Quick-Service, Fast-Casual Restaurant Gift Card Sales Outpace Upscale Competitors, Study Finds
December 02, 2020  |  Payment Methods

With fine dining having taken a hit amid the pandemic, quick service and fast-casual restaurant gift cards are holding steady and even seeing a bit...

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Black Friday Data Shows Changing Future For Department Stores
Black Friday Data Shows Changing Future For Department Stores
December 02, 2020  |  Retail

They used to have an iconic place in the life of the American consumer. They were the places where kids met Santa. Or maybe where...

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Shake Shack Eyes Expansion With Curbside Pickup, Digital Ordering In Plans
Shake Shack Eyes Expansion With Curbside Pickup, Digital Ordering In Plans
December 02, 2020  |  Restaurant innovation

Shake Shack is among the first restaurants to implement restaurant designs inspired by the things people did during the pandemic lockdowns this year, CNBC reports....

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COVID Surge Sends Americans Back To Work At Home In Another Economic Hit To Cities
COVID Surge Sends Americans Back To Work At Home In Another Economic Hit To Cities
December 02, 2020  |  Coronavirus

Stagnant rates of U.S. employees returning to their offices is signaling another slowdown for the country’s economy, The Wall Street Journal (WSJ) writes. Get the...

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