Consumer Spending

eCommerce Rocks December as Retailers Continue Digital Shift

eCommerce Rocks December as Retailers Continue Digital Shift
eCommerce Rocks December as Retailers Continue Digital Shift
January 17, 2025  |  Retail

December’s retail sales, released on Thursday (Jan. 16) by the Census Bureau, were a snapshot of consumer resilience, buoyed by end-of-year sales. Get the Full...

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Retail and Food Services Sales Grow 3.9% YOY in December
Retail and Food Services Sales Grow 3.9% YOY in December
January 16, 2025  |  Retail

Retail and food services sales in the United States grew in December. Get the Full Story Complete the form to unlock this article and enjoy...

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Target Lifts Guidance After Record Black Friday-Cyber Monday Sales
Target Lifts Guidance After Record Black Friday-Cyber Monday Sales
January 16, 2025  |  Retail

Record post-Thanksgiving sales have caused Target to raise its sales guidance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Citi Sees Growth Ahead From ‘High-End’ Consumers
Citi Sees Growth Ahead From ‘High-End’ Consumers
January 15, 2025  |  Earnings

Citigroup’s fourth-quarter earnings results were part of a trend in banking reports Wednesday (Jan. 15), where consumer spending continued to drive momentum on cards, the...

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Food Prices Continue to Climb, Adding to Consumers’ Budget-Balancing Act
Food Prices Continue to Climb, Adding to Consumers’ Budget-Balancing Act
January 15, 2025  |  Economy

The Bureau of Labor Statistics has given its latest reading on inflation, and the data released Wednesday (Jan. 15) notes the prices consumers pay (as...

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JPMorgan Reports Bounce in Credit and Debit Sales on ‘Healthy’ Consumer Spending
JPMorgan Reports Bounce in Credit and Debit Sales on ‘Healthy’ Consumer Spending
January 15, 2025  |  Earnings

J.P. Morgan Chase’s fourth-quarter earnings results showed continued momentum in consumer spending, with increased credit and debit card use. Get the Full Story Complete the...

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Joann Seeks Bankruptcy Protection for 2nd Time in Under a Year
Joann Seeks Bankruptcy Protection for 2nd Time in Under a Year
January 15, 2025  |  Retail

Crafts chain Joann is seeking bankruptcy protection for the second time in under a year. Get the Full Story Complete the form to unlock this article and...

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CFPB Calls for Further Research Into BNPL’s Impact on Financial Health
CFPB Calls for Further Research Into BNPL’s Impact on Financial Health
January 13, 2025  |  BNPL

The Consumer Financial Protection Bureau (CFPB) said there is a need for more research into buy now, pay later (BNPL) after finding that BNPL borrowers held...

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