Consumer Spending

Chinese Consumers’ Buying Expected To Surge After Months Of Caution

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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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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