Consumer Spending

Cyber Monday Looks To Be Biggest Shopping Day To Date

Cyber Monday Looks To Be Biggest Shopping Day To Date
Cyber Monday Looks To Be Biggest Shopping Day To Date
November 30, 2020  |  Retail

The tally on Thanksgiving weekend continues to favor the digital-first economy. With in-store shopping on the decrease and online sales spiking as expected, the situation...

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Adobe: Cyber Monday Sales Headed Toward Record $13 Billion
Adobe: Cyber Monday Sales Headed Toward Record $13 Billion
November 30, 2020  |  Retail

Record-breaking sales — $10.8-12.7 billion — are anticipated for Cyber Monday (Nov. 30), a 15 to 35 percent hike from last year, a CNBC report...

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Chinese Tech Investors Turn Attention To Indonesia As India’s Economy Shrinks
Chinese Tech Investors Turn Attention To Indonesia As India’s Economy Shrinks
November 29, 2020  |  Investments

The Indian economy has suffered a blow due to the COVID-19 pandemic in spite of its massive 1.3 billion customer base, The Wall Street Journal...

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Chinese Consumers’ Buying Expected To Surge After Months Of Caution
Chinese Consumers’ Buying Expected To Surge After Months Of Caution
November 29, 2020  |  Retail

A strong surge in consumer spending on retail is likely to be the main economic driver in China as the country recovers from the effects...

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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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