holidays

JPMorgan Reports Bounce in Credit and Debit Sales on ‘Healthy’ Consumer Spending

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. Consumers also drew down their deposit...

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Salesforce: 28% Uptick in Returns Could Dampen Record Holiday Spending
Salesforce: 28% Uptick in Returns Could Dampen Record Holiday Spending
January 06, 2025  |  Retail

Artificial intelligence (AI) helped holiday sales reach record levels this year, new Salesforce data shows. However, the company said in a report issued Monday (Jan....

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‘Returnuary’ Highlights the Brilliant and Bizarre of Holiday Retail Regret
‘Returnuary’ Highlights the Brilliant and Bizarre of Holiday Retail Regret
January 04, 2025  |  Retail

The holiday season is the golden quarter for eCommerce, where businesses pull out all the stops to maximize sales. Yet, as the festive glow dims...

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UK Retail Store Traffic Declined 2.5% During Holiday Shopping Season
UK Retail Store Traffic Declined 2.5% During Holiday Shopping Season
January 03, 2025  |  Retail

Fewer consumers visited retail stores in the United Kingdom during the holiday shopping season and the entire year of 2024. Compared to the previous year,...

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Retail Returns Have Reportedly Jumped 60% Since 2012
Retail Returns Have Reportedly Jumped 60% Since 2012
December 26, 2024  |  Retail

There’s good news and bad news for online retailers this year. The good is consumers are expected to spend almost $241 billion on eCommerce purchases...

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Mastercard: Holiday Shoppers Chase Value as Online Spending Jumps 6.7%
Mastercard: Holiday Shoppers Chase Value as Online Spending Jumps 6.7%
December 26, 2024  |  eCommerce

This year, the holiday shopping season belonged to digitally savvy consumers. New data from Mastercard showed that while total retail sales from Nov. 1 to...

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Visa: 77% of 2024 Holiday Spending Happened In-Store
Visa: 77% of 2024 Holiday Spending Happened In-Store
December 23, 2024  |  Payment Methods

Visa said it is seeing increasing consumer confidence this holiday season. The payments giant released preliminary insights into U.S. holiday buying that showed a 4.8%...

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Pre-Purchase Testing and Flexible Payments: Shaping the Future of Retail Transactions
Pre-Purchase Testing and Flexible Payments: Shaping the Future of Retail Transactions
December 23, 2024  |  Retail

As consumers rely more on online shopping, the importance of optimizing the payment process has never been more evident. With peak shopping periods like the...

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