Consumer Spending

Macy’s CEO: Stores Give Retailer Flexibility During Holiday Season
Macy’s CEO: Stores Give Retailer Flexibility During Holiday Season
September 23, 2020  |  Retail

Macy’s is preparing a variety of possibilities for holiday sales amidst the pandemic, including starting deals early and offering omnichannel options, CNBC reported. Get the...

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In China, Green Shoots For Luxury Spending To Prove Fragile?
In China, Green Shoots For Luxury Spending To Prove Fragile?
September 22, 2020  |  Retail

Chinese consumers may be starting to open their wallets to buy luxury goods – but it remains to be seen whether the green shoots will...

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Retailers Face Supply/Demand Shortfalls This Holiday Season
Retailers Face Supply/Demand Shortfalls This Holiday Season
September 21, 2020  |  Retail

Shortages of popular items like clothing, electronics and more are likely to cause trouble for U.S. retailers during the holiday shopping season, the Financial Times...

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Today In Connected Commerce: The TikTok Deal Rolls Along, Retail’s Omnichannel Embrace, GoJek’s New App Offering
Today In Connected Commerce: The TikTok Deal Rolls Along, Retail’s Omnichannel Embrace, GoJek’s New App...
September 21, 2020  |  Commerce Connected

Today in digital payments sees the developing deal between China’s ByteDance, Oracle and Walmart for the sale of TikTok, the big move among retailers to...

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Millions Of Americans Still Missing Stimulus Checks
Millions Of Americans Still Missing Stimulus Checks
September 21, 2020  |  Economy

Incomplete government records could have resulted in around 8.7 million Americans miss $1,200 payments, according to a government watchdog, the Associated Press reported Monday (Sept. 21). Get...

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Recurring Revenue Goes Well With Recovery
Recurring Revenue Goes Well With Recovery
September 21, 2020  |  Subscription Commerce

From Main Street to Wall Street, businesses got their heads handed to them by the pandemic, with the possible exception of brands that were able...

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Does The Merchant And Consumers’ Disconnect On The Pandemic’s Length Signal Trouble?
Does The Merchant And Consumers’ Disconnect On The Pandemic’s Length Signal Trouble?
September 21, 2020  |  Economy

By the numbers, Main Street merchants are feeling a little bit better these days than they were six months ago when the pandemic began, according...

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Pandemic Predictions: Holiday Forecasts Depend On Three Factors
Pandemic Predictions: Holiday Forecasts Depend On Three Factors
September 18, 2020  |  Retail

When the pandemic first took hold of the retail industry in March and April, the phrase “it’s hard to forecast during a pandemic” was heard...

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US Offices Only At 50 Pct Capacity In August
US Offices Only At 50 Pct Capacity In August
September 17, 2020  |  Economy

Most office buildings are still dark in the U.S., six months and counting since the pandemic started, The Wall Street Journal (WSJ) reports. Get the...

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