Consumer Spending

Record Holiday Sales Send Amazon Stock Soaring
Record Holiday Sales Send Amazon Stock Soaring
December 26, 2019  |  Amazon

Amazon led the highest ever S&P 500 Index thanks to robust holiday sales that made 2019 “record-breaking” for the eCommerce giant, Bloomberg reported on Thursday...

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Mastercard: Holiday eCommerce Nearly 15 Pct Of Retail Sales
Mastercard: Holiday eCommerce Nearly 15 Pct Of Retail Sales
December 26, 2019  |  Retail

Overall retail sales reflected record-high numbers this holiday season – at least in online shopping, Mastercard reported. Even with sluggish sales at physical stores, total...

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Payments Flash-Forward: Why December 2020 Will Be One To Remember
Payments Flash-Forward: Why December 2020 Will Be One To Remember
December 26, 2019  |  In Depth

PYMNTS asked 30 payment executives to make a prediction about payments and commerce that they’d put in a time capsule to be unearthed at the...

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Consumer Spending Drives US GDP Up 2 Pct
Consumer Spending Drives US GDP Up 2 Pct
December 22, 2019  |  Economy

With the current U.S. economy indicating brief warning signals of a slowdown in the last quarter to a .5 percent annual rate or lower, the...

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Giving Layaway A Digital Reboot
Giving Layaway A Digital Reboot
December 20, 2019  |  Retail

In the 1930s, in the era of the Great Depression, when consumers had little extra cash, retailers nationwide came up with an innovation to make...

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‘Super Saturday’ Retail Sales Expected To Surpass Black Friday
‘Super Saturday’ Retail Sales Expected To Surpass Black Friday
December 18, 2019  |  Retail

The biggest shopping day of the year, despite the shorter holiday shopping season, will be the Saturday before Christmas, according to a report by Reuters....

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Fed Study: Electronic Devices Used In 24 Pct. Of Consumer Payments
Fed Study: Electronic Devices Used In 24 Pct. Of Consumer Payments
December 09, 2019  |  Payment Methods

Cards over cash – specifically, debit cards over cash. Among the findings of the recent 2018 Diary of Consumer Payment Choice, produced through several of...

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Why Installment Payments Are Fashionable This Holiday Season
Why Installment Payments Are Fashionable This Holiday Season
December 06, 2019  |  Buy Now Pay Later

Consumers — especially millennials and Generation Z — are looking for new commerce experiences during the 2019 holiday season. However, they are also hesitant to...

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Oct. Retail Sales Drop 0.6 Pct. In Euro Zone
Oct. Retail Sales Drop 0.6 Pct. In Euro Zone
December 05, 2019  |  Retail

With the negative impact from trade, the economy of the eurozone expanded at a modest rate in Q3, as retail sales dropped in October at...

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