Consumer spending increased 0.1% in July from a month earlier, with an uptick in outlays on services and long-lasting goods and a decrease in gasoline...
At this writing, shares of Affirm are down about 15%. In part that’s due to guidance that gross merchandise volumes will slow and that the...
Even as consumers return to brick-and-mortar stores, they continue to shop online as well, Ulta Beauty reported Thursday (Aug. 25) during its quarterly earnings call. ...
We’ve seen a series of “great” trends emerge from the pandemic. There was the great digital shift, the great resignation, the great unsubscribe, and now...
Outside of basic purchases like groceries, gas and clothes, Americans earning over $125,000 annually are continuing to reel in credit and debit card spending for...
The FinTech IPO Index slipped 6.3% through the week, which cuts its monthly gain from double-digit percentage points to a current 5.6%. Get the Full...
The turnaround plan for Peloton prioritizes the growth of its digital offerings over its high-end bike and treadmill sales as the company looks to boost...
A business model that’s digital-first, design-led and sustainable is paying off for Williams-Sonoma, the home retailer said Wednesday (Aug. 24) while reporting record second quarter...
Tens of millions of homes in the U.S. are behind on electric payments, which has led to power companies shutting off their utilities, a Bloomberg...