Retail sales

PayPal Backs Australia’s BNPL Regulation Plans

PayPal Backs Australia’s BNPL Regulation Plans
PayPal Backs Australia’s BNPL Regulation Plans
February 16, 2023  |  BNPL

PayPal has lent its support to Australia’s planned buy now, pay later (BNPL) regulations. In a letter released Thursday (Feb. 16) as part of a government inquiry into...

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Hasbro Plays With ‘Fewer, Bigger, Better’ Strategy Amid Bite of Lingering Inflation
Hasbro Plays With ‘Fewer, Bigger, Better’ Strategy Amid Bite of Lingering Inflation
February 16, 2023  |  Retail

The largest U.S. toy and game maker said it expects lingering impacts from inflation to dampen consumer spending for most of the year but is...

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Krispy Kreme Captures Special Occasions as Consumers Cut Day-to-Day Indulgences
Krispy Kreme Captures Special Occasions as Consumers Cut Day-to-Day Indulgences
February 15, 2023  |  Earnings

Consumers may be cutting spending, but Krispy Kreme sees them still springing for special occasions. One might expect that, given the non-necessity of sweet treats such as...

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Consumer Spending Rebound May Spark Main Street Retailers’ Digital Makeover
Consumer Spending Rebound May Spark Main Street Retailers’ Digital Makeover
February 15, 2023  |  SMBs

January’s retail figures caused a collective sigh of relief, hinting we may be turning an economic corner.  The 3% consumer spending surge felt especially sharp after November...

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Ahold CFO Says 10B Personalized Offers Drove Record Digital Engagement
Ahold CFO Says 10B Personalized Offers Drove Record Digital Engagement
February 15, 2023  |  Earnings

Ahold Delhaize is combating inflation-related belt-tightening by leveraging customer data to offer targeted rewards. The multinational grocery giant, parent of a range of well-known supermarket...

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January Retail Sales Shake off Sluggish December With 3% New Year Surge
January Retail Sales Shake off Sluggish December With 3% New Year Surge
February 15, 2023  |  Retail

The widest barometer of U.S. economic activity rebounded sharply in January as consumers scooped up deals on clothes, TVs and refrigerators. This, as the Census...

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Italy’s Mobile Wallet Use Rises, Despite Government Cash Chaos
Italy’s Mobile Wallet Use Rises, Despite Government Cash Chaos
February 14, 2023  |  Payment Methods

PYMNTS’ Q3 2022 ConnectedEconomy™ Index, “How the World Does Digital,” finds that consumers globally are increasingly incorporating digital tools, transactions and activities into their daily...

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Wells Fargo CFO: Economy Will Worsen As 2023 Goes On
Wells Fargo CFO: Economy Will Worsen As 2023 Goes On
February 14, 2023  |  Economy

Wells Fargo’s finance chief has a gloomy prediction for the U.S. economy. “It’s going to get worse as we go throughout the year,” said Mike Santomassimo,...

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