Consumer Spending

October Retail Sales Grew Slower Than Anticipated

October Retail Sales Grew Slower Than Anticipated
October Retail Sales Grew Slower Than Anticipated
November 17, 2020  |  Retail

U.S. retail sales rose 0.3 percent in October to $553.3 billion, missing forecasts but still up for the sixth consecutive month, according to the monthly...

READ MORE >
Can Low Credit Card Balances Save Holiday Spending? Don’t Bet On It
Can Low Credit Card Balances Save Holiday Spending? Don’t Bet On It
November 16, 2020  |  Retail

Here’s the scenario. Consumers have cut back on travel, in-person entertainment and restaurant spend. They have paid down their credit cards. Then they will use...

READ MORE >
US Restaurants Face Uncertain Winter Amid Pandemic
US Restaurants Face Uncertain Winter Amid Pandemic
November 16, 2020  |  Retail

As the coronavirus surges in the United States, restaurants across the country are bracing for both more restrictions and the coming danger of more infections....

READ MORE >
Moderna Solved The Supply Chain Problem, But Will Consumers Embrace A COVID-19 Vaccine?
Moderna Solved The Supply Chain Problem, But Will Consumers Embrace A COVID-19 Vaccine?
November 16, 2020  |  Economy

With COVID-19’s worldwide case count officially exceeding 11 million and waves of closures sweeping U.S. states in an attempt to stifle the resurgent threat, an...

READ MORE >
PayPal Teams With Queer Eye Star On BNPL Marketing
PayPal Teams With Queer Eye Star On BNPL Marketing
November 16, 2020  |  BNPL

PayPal is working with Bobby Berk of Queer Eye fame to help Americans stuck at home amid the ongoing pandemic find new ways to decorate...

READ MORE >
COVID Crisis: What Happens If Most People Don’t Get The Vaccine?
COVID Crisis: What Happens If Most People Don’t Get The Vaccine?
November 16, 2020  |  Economy

On the same day that COVID-19 cases in the U.S. topped 10 million and hit 50.5 million globally, the world got news that Pfizer and...

READ MORE >
Banks’ Margins Suffer As US Consumers Pay Down Credit Card Debt
Banks’ Margins Suffer As US Consumers Pay Down Credit Card Debt
November 15, 2020  |  Debt

U.S. consumers have been paying down payments on credit cards with the pandemic continuing to hamper spending opportunities, which has led to dramatically falling bank...

READ MORE >
PayPal, BigCommerce and AdoreMe On Adapting To The Unknowns In A Digital-First Economy
PayPal, BigCommerce and AdoreMe On Adapting To The Unknowns In A Digital-First Economy
November 12, 2020  |  Retail

The year 2020 has been big for “un” words: unprecedented, unknown, unforgettable and (of course) unending. Get the Full Story Complete the form to unlock...

READ MORE >