PYMNTS-MonitorEdge-May-2024

holiday shopping

Big Banks Surge Amid Strong Holiday Spending
Big Banks Surge Amid Strong Holiday Spending
December 26, 2019  |  Economy

Some of the largest U.S. banks, like JPMorgan Chase, Bank of America (BoA) and Citigroup, gained as consumers spent during a robust holiday season, according...

READ MORE >
How Inventory Liquidators Benefit From Strong Holiday Spending
How Inventory Liquidators Benefit From Strong Holiday Spending
December 26, 2019  |  Retail

Returns are an inevitable part of holiday shopping, and this year, shoppers are forecasted to bring back a whopping $90 billion to $95 billion worth...

READ MORE >
UPS Expects 26 Pct. YOY Returns Increase On Jan. 2
UPS Expects 26 Pct. YOY Returns Increase On Jan. 2
December 26, 2019  |  Retail

National Returns Day, which is Jan. 2, is expected to break records for the seventh consecutive year, UPS said in a press release on Thursday...

READ MORE >
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...

READ MORE >
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...

READ MORE >
Super Saturday Pulls In Record-Breaking $34.4B In Retail Sales
Super Saturday Pulls In Record-Breaking $34.4B In Retail Sales
December 24, 2019  |  Retail

Exceeding forecasts, Dec. 21, the last Saturday shopping day before Christmas 2019, has been confirmed as the single biggest retail sales day in U.S. History....

READ MORE >
Mattel Holiday Sales Driven By Name Brands
Mattel Holiday Sales Driven By Name Brands
December 24, 2019  |  Retail

With the decade inching towards its conclusion and shoppers making their last-minute purchases, Mattel CEO CEO Ynon Kreiz says the last holiday toy shopping season of the...

READ MORE >
Measuring Retail Success In The Digital Age
Measuring Retail Success In The Digital Age
December 23, 2019  |  Retail

Online shopping has fundamentally changed the rules of how to gauge a company’s performance around the holidays. Unlike the old days, the number of people...

READ MORE >
BIS Caution On Cryptos Hints Toward Long Fizzle
BIS Caution On Cryptos Hints Toward Long Fizzle
December 20, 2019  |  Sizzle/Fizzle

The year is drawing to a close. Bitcoin hovers at $7,100 and change. Depending on how you view it, it’s a nice bounce off of...

READ MORE >