Consumer Spending

Footfall Worries US Retail Despite Strong Holiday Season
Footfall Worries US Retail Despite Strong Holiday Season
January 07, 2019  |  Retail

Despite a record-breaking holiday season for retailers in 2018, the strength of the industry’s recovery is being called into question as data emerges that shows...

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Americans Aren’t Struggling Despite Rising Consumer Debt
Americans Aren’t Struggling Despite Rising Consumer Debt
January 02, 2019  |  Economy

Consumer debt is at a record level — but in terms of handling it, there are no signs that Americans are struggling, reported The Wall Street...

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2018: The Year Of The Confident Consumer
2018: The Year Of The Confident Consumer
December 29, 2018  |  Economy

What a difference a decade makes. Ten years ago, consumer confidence had slipped to an all-time low, and consumer spending followed it down the rabbit...

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Former Saks CEO On Retail’s Big 2018 Holiday Jump
Former Saks CEO On Retail’s Big 2018 Holiday Jump
December 28, 2018  |  Retail

Holidays are nothing if not factories for new memories. When it comes to retail, recollections seem likely to linger upon the ongoing (and significant) growth...

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Amazon’s Holiday Sales Foreshadow 2019 Retail Trends
Amazon’s Holiday Sales Foreshadow 2019 Retail Trends
December 27, 2018  |  Amazon

Judging by its holiday performance and PYMNTS research, Amazon is well on its way to commanding more of consumers’ paychecks in 2019. The 2018 holiday...

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SMBs Cautious In Volatile US Economy
SMBs Cautious In Volatile US Economy
December 27, 2018  |  B2B Payments

An unstable stock market has led many small businesses (SMBs) to cut costs and change their hiring plans for the New Year. According to the...

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Retail Sales Jump By 5.1 Percent Over The Holidays
Retail Sales Jump By 5.1 Percent Over The Holidays
December 26, 2018  |  Retail

Amid the holiday season, total retail sales in the United States jumped by 5.1 percent from Nov. 1 to Dec. 24 compared to the prior...

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Apple In-App Gifting Could Be Coming Soon
Apple In-App Gifting Could Be Coming Soon
December 21, 2018  |  Apple

Changes to Apple’s App Store Review Guidelines have shown that the company will soon allow iOS users to gift in-app purchases. “Apps may enable gifting...

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Global Economic Uncertainty May Affect Final Lap Of US Holiday Shopping Season
Global Economic Uncertainty May Affect Final Lap Of US Holiday Shopping Season
December 19, 2018  |  Retail

Even though it’s off to a strong start, troubles in Europe and a global consumer slowdown could adversely affect the final stretch of the holiday...

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