Consumer Spending

China’s Consumer Rebound Not Enough To Boost Luxury Retail
China’s Consumer Rebound Not Enough To Boost Luxury Retail
September 15, 2020  |  International

A positive data point, indeed — but perhaps not much more than that. To that end, in China, retail data showed consumers snapped a seven-month...

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Retail Sales In China Improve For First Time Since January
Retail Sales In China Improve For First Time Since January
September 15, 2020  |  International

China saw retail sales increase last month for the first time since the COVID-19 outbreak, another sign of the country’s wider recovery. Consumer spending rose...

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Today In Payments: Uber Eats Adds Contactless Ordering For Dining In; Consumer Sentiment Uncertain As Holidays Approach
Today In Payments: Uber Eats Adds Contactless Ordering For Dining In; Consumer Sentiment Uncertain As...
September 14, 2020  |  News

In today’s top news, Uber Eats added a contactless ordering feature for users who are dining in, and U.S. consumer sentiment looks uncertain as the...

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What Innovators Can Learn From Netflix
What Innovators Can Learn From Netflix
September 14, 2020  |  Payments Innovation

Netflix Co-founder and CEO Reed Hastings has written a new book about building the video-streaming powerhouse that now has nearly 200 million subscribers globally, as...

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US Consumer Sentiment Looks Uncertain As Holiday-Shopping Season Approaches
US Consumer Sentiment Looks Uncertain As Holiday-Shopping Season Approaches
September 13, 2020  |  Economy

Many people prepared during the pandemic’s early days for what they forecast as a relatively short disruption to their daily lives — a few weeks...

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Whole Foods CEO Says Fewer Shoppers Will Return To Supermarkets
Whole Foods CEO Says Fewer Shoppers Will Return To Supermarkets
September 11, 2020  |  Retail

When John Mackey co-founded Whole Foods Market four decades ago, self-checkout hadn’t been invented and the internet was in its infancy. Fast-forward to March, when...

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Chairish CEO On How COVID-19 Is Redesigning Home Design
Chairish CEO On How COVID-19 Is Redesigning Home Design
September 11, 2020  |  Retail

Home is no longer what it was six months ago — a landing pad of sorts for six hours a day between going to work...

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Where People Spent Stimulus Payments – And Where They Didn’t
Where People Spent Stimulus Payments – And Where They Didn’t
September 09, 2020  |  Economy

The stimulus payments may not have done much to, well, stimulate the economy at large. A recent report by the National Bureau of Economic Research (NBER) finds that...

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Amazon Pay’s Gauthier: No One Can Predict Retail’s Future, So Innovate Around What Won’t Change
Amazon Pay’s Gauthier: No One Can Predict Retail’s Future, So Innovate Around What Won’t Change
September 08, 2020  |  Retail

Consumers are living in stressful times, and Patrick Gauthier, vice president at Amazon Pay, told PYMNTS in a recent interview that merchants working to prepare...

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