Consumer Spending

Higher Supply Chain Costs Catch Consumers Off-Guard

Higher Supply Chain Costs Catch Consumers Off-Guard
Higher Supply Chain Costs Catch Consumers Off-Guard
May 09, 2021  |  Retail

After years of relatively low inflation, Americans have begun to see higher prices for goods and services in the wake of the pandemic, The Wall...

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Post-Pandemic Demand Triggers Chinese Trade Escalation
Post-Pandemic Demand Triggers Chinese Trade Escalation
May 07, 2021  |  Cross-border Payments

Post-pandemic demand last month initially spurred a double-digit increase in trade between the U.S. and China, but consumers’ appetites are showing signs of slowing down,...

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Today In Retail: Sally Beauty’s Net Sales Increase; Wayfair’s Revenue Surges
Today In Retail: Sally Beauty’s Net Sales Increase; Wayfair’s Revenue Surges
May 06, 2021  |  Retail

In today’s top retail news, Sally Beauty reported that its second-quarter consolidated same-store sales increased by 6.5 percent, while Wayfair reported that its total revenue...

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As Foot Traffic Returns, Retailers Must Prep For Digital-First Shoppers  
As Foot Traffic Returns, Retailers Must Prep For Digital-First Shoppers  
May 06, 2021  |  Retail

If earnings season has a common theme, beyond the verticals – it doesn’t matter if it’s been the payment networks, the ride-hailing firms or the...

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Consumers Eager To Spend: Mastercard Data Shows 23 Pct Pop In April Retail Sales
Consumers Eager To Spend: Mastercard Data Shows 23 Pct Pop In April Retail Sales
May 06, 2021  |  Retail

Cooped-up U.S. consumers are eager to dress up, get out, eat in restaurants and reconnect with the world, new economic analysis shows. The April Mastercard...

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Mastercard: US Retail Sales Up 23.3 Pct; Restaurants See 2-Month Surge
Mastercard: US Retail Sales Up 23.3 Pct; Restaurants See 2-Month Surge
May 06, 2021  |  Economy

U.S. retail sales had another month of double-digit growth in April, according to a press release from Mastercard emailed to PYMNTS. Get the Full Story...

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Revionics’ AI Tools Help Retailers ‘Win The War On Price’
Revionics’ AI Tools Help Retailers ‘Win The War On Price’
May 04, 2021  |  Retail

It could be argued that within the complex calculus of variables that influence a consumer’s retail buying decision — be it quality, availability, brand loyalty...

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Amazon Will Outgrow Walmart 3-to-1 Over Next Five Years
Amazon Will Outgrow Walmart 3-to-1 Over Next Five Years
May 03, 2021  |  Retail

New research by PYMNTS shows that the long, steady revenue uptrend Amazon has posted over the past decade is set to continue and accelerate, not...

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