Consumer Spending

Cyber Monday Looks To Be Biggest Shopping Day To Date
Cyber Monday Looks To Be Biggest Shopping Day To Date
November 30, 2020  |  Retail

The tally on Thanksgiving weekend continues to favor the digital-first economy. With in-store shopping on the decrease and online sales spiking as expected, the situation...

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Adobe: Cyber Monday Sales Headed Toward Record $13 Billion
Adobe: Cyber Monday Sales Headed Toward Record $13 Billion
November 30, 2020  |  Retail

Record-breaking sales — $10.8-12.7 billion — are anticipated for Cyber Monday (Nov. 30), a 15 to 35 percent hike from last year, a CNBC report...

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Chinese Tech Investors Turn Attention To Indonesia As India’s Economy Shrinks
Chinese Tech Investors Turn Attention To Indonesia As India’s Economy Shrinks
November 29, 2020  |  Investments

The Indian economy has suffered a blow due to the COVID-19 pandemic in spite of its massive 1.3 billion customer base, The Wall Street Journal...

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Chinese Consumers’ Buying Expected To Surge After Months Of Caution
Chinese Consumers’ Buying Expected To Surge After Months Of Caution
November 29, 2020  |  Retail

A strong surge in consumer spending on retail is likely to be the main economic driver in China as the country recovers from the effects...

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Digital Sales Surge On Black Friday
Digital Sales Surge On Black Friday
November 29, 2020  |  Retail

Black Friday shoppers stayed home, delivering a feared blow to brick-and-mortar retailers on what usually is one of their biggest days of the year, the...

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Mapping Out Merchants’ Maneuvers For 2021
Mapping Out Merchants’ Maneuvers For 2021
November 27, 2020  |  Payments Innovation

From restaurants to the farthest reaches of retail, rapid digitization is making the best of the COVID-19 mess while setting up conditions for an elevated...

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On The Agenda: Expert Panel Debates How Consumers Will Get Their Holiday Shopping Groove
On The Agenda: Expert Panel Debates How Consumers Will Get Their Holiday Shopping Groove
November 27, 2020  |  Retail

The holiday shopping season — which normally would be  “officially” kicking off as soon as the Thanksgiving dishes are cleared — is going to be...

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HSBC Debuts Open Payments Platform For eCommerce As Alternative To Debit, Credit
HSBC Debuts Open Payments Platform For eCommerce As Alternative To Debit, Credit
November 26, 2020  |  Payment Methods

HSBC has launched its new HSBC Open Payments solution, which will enable companies to install alternatives to debit or credit for customers to pay for...

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Global Outlook: Digital-First Kicks In From Asia To Africa
Global Outlook: Digital-First Kicks In From Asia To Africa
November 26, 2020  |  International

It only seems fitting that a global pandemic would catalyze a global shift toward online shopping. As the busy year-end holiday season gets underway, PYMNTS...

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