Consumer Spending

Banks Tighten Credit Access as Demand for Limit Increases Rises

Banks Tighten Credit Access as Demand for Limit Increases Rises
Banks Tighten Credit Access as Demand for Limit Increases Rises
December 09, 2024  |  Debt

A dramatic rise in credit card debt over the last several years has pressured paycheck-to-paycheck consumers, with a disproportionate burden on those individuals and households...

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Fed Data: Consumer Revolving Credit Jumps to Nearly 14% Annual Rate
Fed Data: Consumer Revolving Credit Jumps to Nearly 14% Annual Rate
December 08, 2024  |  Consumer Finance

New Federal Reserve data shows American consumers’ credit card debt continuing to climb. Get the Full Story Complete the form to unlock this article and...

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Buy Now or Pay More Later: Consumer Sentiment Drives Spending on Big-Ticket Items
Buy Now or Pay More Later: Consumer Sentiment Drives Spending on Big-Ticket Items
December 06, 2024  |  Economy

Now’s the time to buy — because everything might get more expensive, sooner rather than later. To that end, the latest edition of the University of...

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Walmart’s Gains in Premium Market Shake Up Holiday Sales
Walmart’s Gains in Premium Market Shake Up Holiday Sales
December 06, 2024  |  Retail

Following a strong Black Friday and Cyber Monday, both Walmart and Amazon reported record-breaking sales, with their platforms seeing growth from third-party sellers. Get the...

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Dollar General Tests Same-Day Delivery to Compete With Walmart
Dollar General Tests Same-Day Delivery to Compete With Walmart
December 05, 2024  |  Delivery

Amid ongoing economic pressures, Dollar General is refining its approach to better serve its financially constrained customers, CEO Todd Vasos said Thursday (Dec. 5) during the...

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Sovos Sees 92% Jump in Tax Processing on Black Friday
Sovos Sees 92% Jump in Tax Processing on Black Friday
December 05, 2024  |  Taxes

Sovos says it saw “record-breaking” tax processing performance on Black Friday/Cyber Monday sales. Get the Full Story Complete the form to unlock this article and enjoy...

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Fed Beige Book: Slight Economic Growth, Rising Business Optimism
Fed Beige Book: Slight Economic Growth, Rising Business Optimism
December 04, 2024  |  Economy

PYMNTS Intelligence, through the last several months, has taken stock of where consumers are spending, and how they contend with inflation. Get the Full Story...

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Foot Locker’s Mobile App and Loyalty Program Propel Online Sales Growth
Foot Locker’s Mobile App and Loyalty Program Propel Online Sales Growth
December 04, 2024  |  Earnings

Despite facing a softer-than-expected retail environment in the third quarter, Foot Locker President and CEO Mary Dillon remains optimistic about the company’s long-term digital strategy, including...

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Will Instant Refunds Change Retail?
Will Instant Refunds Change Retail?
December 04, 2024  |  Retail

December’s dawn brings with it a flurry of retail spending. Gift giving is top of mind, to be sure, but consumers are also treating themselves...

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