Consumer Spending

Pandemic Presents New Hurdles For Consumer Holiday Spending
Pandemic Presents New Hurdles For Consumer Holiday Spending
October 19, 2020  |  Retail

As it presents possible hurdles for an economy that heavily depends on their amenability to purchase, COVID-19 is making new challenges for the 2020 holiday...

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Saving Main Street From Its Downward Pandemic Spiral
Saving Main Street From Its Downward Pandemic Spiral
October 19, 2020  |  Retail

Consumers crave certainty, and they work pretty hard to minimize the risk of making a bad choice. That’s why once consumers find something that works,...

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Why Amazon Created A Separate Brand For Designer Fashion
Why Amazon Created A Separate Brand For Designer Fashion
October 19, 2020  |  eCommerce

Shopping is increasingly done remotely, but when it comes to luxury goods, appealing to high-end consumers requires personalized digital connections and a memorable experience, Zornitza...

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China Central Bank Expects Country’s Economy To Grow 2 Pct This Year
China Central Bank Expects Country’s Economy To Grow 2 Pct This Year
October 18, 2020  |  International

China says it has the COVID-19 pandemic under control and will see its economy boosted by around 2 percent, according to Reuters. Get the Full...

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US Consumers’ FICO Score Hits Highest Since 2005
US Consumers’ FICO Score Hits Highest Since 2005
October 18, 2020  |  Economy

The COVID-19 pandemic has produced one ray of sunshine amid otherwise devastatingly dark clouds: Consumer credit scores have improved in recent months to the point...

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Hungary’s Costes Adds Ferris Wheel Dining For Pandemic
Hungary’s Costes Adds Ferris Wheel Dining For Pandemic
October 18, 2020  |  Restaurant innovation

Costes, a Hungarian restaurant trying to survive the pandemic, has implemented new dining events on the Budapest Eye Ferris wheel, Reuters reports. Get the Full...

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Port Data Show Inventory Boom – Or Bust? – Ahead Of Holiday Season
Port Data Show Inventory Boom – Or Bust? – Ahead Of Holiday Season
October 16, 2020  |  Retail

In the United States, imports are surging, indicating that retailers are getting ready to stock their (real and virtual) shelves in anticipation of the holiday...

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Today In Payments: Study Shows Americans’ Savings Drying Up; State AGs To Press Own Case Against Google
Today In Payments: Study Shows Americans’ Savings Drying Up; State AGs To Press Own Case...
October 16, 2020  |  News

In today’s top news, Americans are struggling as savings accounts run dry, and several states are preparing their own antitrust probe into Google. Plus, Amazon...

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Retail Sales Beat Forecasts, Spiking Highest Level Since June
Retail Sales Beat Forecasts, Spiking Highest Level Since June
October 16, 2020  |  Economy

Monthly retail sales hit $549.3 billion, up 1.9 percent in September, the biggest spike in three months, and the fifth month of increases, according to...

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