Consumer Spending

Seasonal Jobs Shift to Fulfillment Centers as Consumers Shop Online
Seasonal Jobs Shift to Fulfillment Centers as Consumers Shop Online
December 24, 2024  |  Retail

Seasonal jobs are reportedly shifting from retail stores to eCommerce fulfillment centers as businesses respond to consumers’ changing holiday shopping habits. While the number of...

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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  |  VISA

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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Conf Bd. Finds Consumer Confidence Down After U. Mich Index Says Opposite
Conf Bd. Finds Consumer Confidence Down After U. Mich Index Says Opposite
December 23, 2024  |  Economy

Consumer confidence declined in December, with a growing number of consumers expressing concerns about politics and tariffs. The Conference Board’s Consumer Confidence Index decreased by...

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61% of Zillennials Prioritize Convenience, Driving Digital Wallet Adoption
61% of Zillennials Prioritize Convenience, Driving Digital Wallet Adoption
December 23, 2024  |  Digital Payments

Zillennials, born between 1991 and 1999, are reshaping payment trends as their spending power increases. They are embracing digital wallets, moving away from cash, and...

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Consumer Sentiment Reaches Highest Point Since April as Economy Improves
Consumer Sentiment Reaches Highest Point Since April as Economy Improves
December 20, 2024  |  Economy

Consumer sentiment rose in December, reaching the highest point since April but remaining below its pre-pandemic level. The increase in the consumer sentiment index marked...

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British Retail Sales Dampened by Consumers Waiting for Bargains
British Retail Sales Dampened by Consumers Waiting for Bargains
December 20, 2024  |  Retail

While retail sales in Great Britain rose in November, analysts said the results were dampened by consumers waiting for bargains. Retail sales rose by 0.2%...

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Darden Restaurant Sales Grow Despite Fine Dining Pullback
Darden Restaurant Sales Grow Despite Fine Dining Pullback
December 19, 2024  |  Earnings

Darden Restaurants’ sales climbed this quarter despite diners shying away from its fine-dining establishments. The company, owner of chains such as Olive Garden and LongHorn Steakhouse, released earnings Thursday (Dec....

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Consumer Spending Lifts Q3 GDP, but Savings Rates Are Pressured
Consumer Spending Lifts Q3 GDP, but Savings Rates Are Pressured
December 19, 2024  |  Economy

In the latest and final revision of how the economy fared in the third quarter — through the growth in gross domestic product — the...

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