Consumer Spending

Consumer Spending up Despite COVID, Supply Chain Issues

Consumer Spending up Despite COVID, Supply Chain Issues
Consumer Spending up Despite COVID, Supply Chain Issues
October 15, 2021  |  Consumer Payments

You can’t keep the American shopper down. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Retail Sales Up 0.7% in September as Inflation Continues to Rise
Retail Sales Up 0.7% in September as Inflation Continues to Rise
October 15, 2021  |  Retail

Labor Day travel and continued consumer resilience contributed to a 0.7% increase in consumer spending last month, the U.S. Commerce Department said on Friday (Oct....

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Profile of the Connected Consumer Emerging in Accelerated Pandemic Time
Profile of the Connected Consumer Emerging in Accelerated Pandemic Time
October 14, 2021  |  Commerce Connected

Until quite recently, few were familiar with terms like “the connected consumer” or “the connected economy” even though they’re both happening right around them. As the pandemic era is teaching us, there’s...

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US Spending Momentum Index Drops Again, Visa Says
US Spending Momentum Index Drops Again, Visa Says
October 14, 2021  |  Consumer Finance

American spending dropped slightly between August and September, according to Visa’s newest findings from its Spending Momentum Index. Get the Full Story Complete the form...

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Chinese Tourism Spending Down During Week-Long National Holiday
Chinese Tourism Spending Down During Week-Long National Holiday
October 08, 2021  |  Retail

Chinese consumers spent about 1.64 billion yuan ($252.3 million) on luxury goods at nine duty-free shops in southern island province Hainan in the first six...

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Department Stores Betting on New Beauty Products to Drive Sales
Department Stores Betting on New Beauty Products to Drive Sales
October 08, 2021  |  Retail

After years of falling traffic and struggling sales that culminated in last year’s bankruptcy filing, JCPenney is embarking on a massive push into the prestige...

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New Study Finds Strong Demand for Lease-to-Own Options Amid the BNPL Boom
New Study Finds Strong Demand for Lease-to-Own Options Amid the BNPL Boom
October 08, 2021  |  Buy Now Pay Later

At the intersection of the buy now, pay later (BNPL) revolution and the ongoing quest for those with little or no credit to access better...

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Revolving Credit in US Hits $1T in August; Consumer Credit Up Slightly
Revolving Credit in US Hits $1T in August; Consumer Credit Up Slightly
October 07, 2021  |  Consumer Insights

The increase in U.S. consumer credit in August was smaller than experts’ expectations, Seeking Alpha reported. Get the Full Story Complete the form to unlock...

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55% of Millennials Interested in Buying Big-Ticket Items Online  
55% of Millennials Interested in Buying Big-Ticket Items Online  
October 07, 2021  |  eCommerce

The report “Digital Platforms: How Consumers Shop and Pay for Big-Ticket Purchases,” a PYMNTS and Rightpoint collaboration, found that as the economy continues to improve,...

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