Consumer Spending

Delta Weakens Spending Spree As Firms Stash More Cash

Delta Weakens Spending Spree As Firms Stash More Cash
Delta Weakens Spending Spree As Firms Stash More Cash
August 17, 2021  |  Economy

Businesses are opting to hold on to their money as spending spree hopes wane amid the quick-spreading Delta variant of COVID-19, the Wall Sreet Journal...

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Biden’s Food Stamps Boost Could Be Good News For Amazon And Walmart eGrocery
Biden’s Food Stamps Boost Could Be Good News For Amazon And Walmart eGrocery
August 16, 2021  |  Retail

The Biden administration’s confirmed increase to the Supplemental Nutrition Assistance Program (SNAP) Electronic Benefit Transfer (EBT) could be good news for Walmart, which has already...

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After Brief Mid-Summer Surge, Weak And Stagnant Malls Threatened By Fresh Headwinds
After Brief Mid-Summer Surge, Weak And Stagnant Malls Threatened By Fresh Headwinds
August 16, 2021  |  Retail

As vaccination rates increase, socialization outside the home resumes and consumers work on their back-to-school shopping lists, experts have pointed to the shopping mall as...

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Lending Club: Millennials’ Quest For Financial Freedom Hindered By Bad Debt, BNPL
Lending Club: Millennials’ Quest For Financial Freedom Hindered By Bad Debt, BNPL
August 16, 2021  |  Consumer Finance

With new PYMNTS data showing 60 percent of U.S. millennials currently living paycheck to paycheck, it could be argued that this oft-analyzed demographic is badly...

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US Consumer Sentiment At 10-Year Low
US Consumer Sentiment At 10-Year Low
August 15, 2021  |  Consumer Insights

A leading measure of U.S. consumer sentiment is at a 10-year low, the University of Michigan, which assembles the data, reported in a preliminary release....

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Child Tax Credit Payout Of $15B+ Could Mean Big Spending Across US
Child Tax Credit Payout Of $15B+ Could Mean Big Spending Across US
August 13, 2021  |  Economy

The U.S. Department of the Treasury and the Internal Revenue Service on Friday (Aug. 13) paid more than $15 billion to families for the almost...

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Ahold Delhaize Well-Positioned To Capture Worldwide Return To Food-At-Home
Ahold Delhaize Well-Positioned To Capture Worldwide Return To Food-At-Home
August 11, 2021  |  Retail

In the second quarter of 2021, Ahold Delhaize proved resilient against fluctuations in consumer mobility. The multinational grocery giant’s sales held relatively flat, even as...

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Expanded Child Tax Credit Gives Retailers Hope Amid COVID Concerns
Expanded Child Tax Credit Gives Retailers Hope Amid COVID Concerns
August 11, 2021  |  Retail

With continuing labor shortages, tangled supply chains, increased costs and renewed concerns about COVID-19 because of the Delta variant, it would be easy to assume...

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