Consumer Spending

American Express Q2 Revenues Plunge As Big Spenders Shut Their Wallets

American Express Q2 Revenues Plunge As Big Spenders Shut Their Wallets
American Express Q2 Revenues Plunge As Big Spenders Shut Their Wallets
July 24, 2020  |  Earnings

American Express managed to put up a surprising profit in the second quarter, but saw revenue sharply drop as consumer spending collapsed as the COVID-19 pandemic slammed...

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UK Retail Spending Back To Near Pre-Lockdown Levels
UK Retail Spending Back To Near Pre-Lockdown Levels
July 24, 2020  |  Retail

Britain’s stores have become the envy of the retail world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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New Report: The Role Of Flexible-Payment Options In Bringing Customers Back Into Stores
New Report: The Role Of Flexible-Payment Options In Bringing Customers Back Into Stores
July 23, 2020  |  Buy Now Pay Later

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Back-to-School Retail Meets Digital 3.0 FIT Framework
Back-to-School Retail Meets Digital 3.0 FIT Framework
July 22, 2020  |  Retail

The retail industry is facing its first sales event of the pandemic with the coming of back-to-school sales. And while some of the sales projections...

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Retailers Brace For Muted Back-to-School Spending
Retailers Brace For Muted Back-to-School Spending
July 20, 2020  |  Retail

The increasingly likely scenario that many students in the United States, Europe and the United Kingdom will be resuming school at their kitchen tables has...

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Retail Recovery Veils Serious Headwinds
Retail Recovery Veils Serious Headwinds
July 17, 2020  |  Retail

Despite some positive key performance indicators delivered this week, the U.S. retail and economic recovery is still facing serious headwinds. Get the Full Story Complete...

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RetailMeNot Launches 4-Day Discount Shopping Event As Retail Sales Rise
RetailMeNot Launches 4-Day Discount Shopping Event As Retail Sales Rise
July 16, 2020  |  Retail

RetailMeNot, the Texas-based company that operates coupon websites, announced “Rebound with RetailMeNot,” a four-day event featuring deals from a variety of popular stores. Get the...

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June Retail Sales Rise 7.5 Pct From May
June Retail Sales Rise 7.5 Pct From May
July 16, 2020  |  Economy

Back in April, the news on the retail front was gloomy, to say the least, with sales plunging by a record 16.4 percent. But that...

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