Consumer Spending

Today In Payments: Teen Spending Plummets To 20-Year Low; House Could Break Up Big Tech

Today In Payments: Teen Spending Plummets To 20-Year Low; House Could Break Up Big Tech
Today In Payments: Teen Spending Plummets To 20-Year Low; House Could Break Up Big Tech
October 06, 2020  |  News

In today’s top news, teen spending dropped dramatically amid the pandemic, and the House is considering breaking up Big Tech. Plus, Bank of America launched...

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Teen Spending Plummets To A 20-Year Low
Teen Spending Plummets To A 20-Year Low
October 06, 2020  |  Economy

A new survey revealed teenagers spent less money on food, events and concerts during the COVID-19 pandemic amid fear of a worsening economy. Get the...

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How Consumers Forced Big Merchants To Up Their Digital-First Game
How Consumers Forced Big Merchants To Up Their Digital-First Game
October 05, 2020  |  Payments Innovation

Human beings are creatures of habit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Survey: US Consumer Sentiment Continues To Improve
Survey: US Consumer Sentiment Continues To Improve
October 02, 2020  |  Economy

U.S. consumers feel better about the economy than they have in six months, according to the latest data released by the University of Michigan. Get...

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Whole Paycheck Tracker: Amazon, Walmart Battle For Electronics Share
Whole Paycheck Tracker: Amazon, Walmart Battle For Electronics Share
October 02, 2020  |  Walmart Amazon whole paycheck

It was the wild card category for back-to-school, and it will be the wild card category for the holidays. And even though its margins are...

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Latest Economic Data Sends Mixed Signals About Consumer Holiday Spend
Latest Economic Data Sends Mixed Signals About Consumer Holiday Spend
October 01, 2020  |  Retail

Hopes for fresh signs of strength heading into the holiday shopping season were crimped Thursday (Oct. 1) after the first major data report of the...

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COVID Restrictions Leave Second-Hand Clothing Market Bursting At The Seams
COVID Restrictions Leave Second-Hand Clothing Market Bursting At The Seams
September 30, 2020  |  Economy

Dwindling sales and mounting donations have spelled doom for the market for buying recycled clothing, Reuters reported. Get the Full Story Complete the form to...

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US GDP declined by 31.4 percent in Q2, Slightly Better Than Estimates
US GDP declined by 31.4 percent in Q2, Slightly Better Than Estimates
September 30, 2020  |  Economy

For the U.S. GDP, a slight improvement of some very bad numbers is an improvement, technically. Get the Full Story Complete the form to unlock...

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CDC’s New Guidance Will Do Little To Boost Brick-and-Mortar Holiday Shopping
CDC’s New Guidance Will Do Little To Boost Brick-and-Mortar Holiday Shopping
September 30, 2020  |  Retail

The U.S. Centers for Disease Control and Prevention’s guidelines when it comes to celebrating and preparing for the COVID era’s holiday shopping season can be...

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