Consumer Spending

Retail Sales Drop In Canada For First Time In Three Months
Retail Sales Drop In Canada For First Time In Three Months
November 22, 2019  |  Retail

With a less-than-anticipated decline, retail sales in Canada dropped in September for the first time in three months. Statistics Canada noted that retailers sold 0.1...

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Sluggish Sales Sink Macy’s Earnings
Sluggish Sales Sink Macy’s Earnings
November 21, 2019  |  Earnings

The mall has not been kind to Macy’s, or at least that was the takeaway from the retailer’s earnings report released earlier today (Nov. 21)....

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Discover: What’s Around The Corner For Merchant Payments?
Discover: What’s Around The Corner For Merchant Payments?
November 21, 2019  |  eCommerce

For merchants, divining the future of payments — in essence, anticipating what’s next — means looking around corners, thinking about what consumers want, and will want...

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73 Pct Of Millennials Will Use Mobile For Holiday Purchases
73 Pct Of Millennials Will Use Mobile For Holiday Purchases
November 21, 2019  |  Mobile

Millennials plan to spend more money this holiday season, and will use their mobile devices to do the majority of their shopping. Discover’s annual Holiday...

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Q3 Retail Earnings Show Mixed Bag Of Consumer Spending
Q3 Retail Earnings Show Mixed Bag Of Consumer Spending
November 20, 2019  |  Retail

Consumer spending shows mixed demand as the holiday shopping season gets underway, The Wall Street Journal (WSJ) reported on Tuesday (Nov. 19). Weak sales at...

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Generational Differences Take Shape For 2019 Holiday Shopping Season
Generational Differences Take Shape For 2019 Holiday Shopping Season
November 18, 2019  |  Retail

No doubt you’ve already heard your first Christmas carol or holiday song, and have seen your first TV ad for holiday shopping. The season is...

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Walmart Amazon Whole Paycheck Tracker: Grocery Expansions, eCommerce Improvements And Voice Extensions
Walmart Amazon Whole Paycheck Tracker: Grocery Expansions, eCommerce Improvements And Voice Extensions
November 15, 2019  |  Walmart Amazon whole paycheck

’Tis the season for shopping — and capturing the spend of consumers with a newfound enthusiasm for commerce of all kinds. The competition for the...

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October Retail Up 0.3 Percent Despite Trade War, Recession Fear
October Retail Up 0.3 Percent Despite Trade War, Recession Fear
November 15, 2019  |  Retail

Retail sales rose 0.3 percent in October, rebounding from a 0.3 percent drop the previous month, CNBC reported on Friday (Nov. 15), citing a U.S....

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Goldman Denies Discriminatory Apple Card Practices, Says It Will Reassess Limits
Goldman Denies Discriminatory Apple Card Practices, Says It Will Reassess Limits
November 12, 2019  |  Apple

Goldman Sachs has promised to reevaluate how credit limits are determined for Apple Card users after being accused of gender discrimination. “We have not and...

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