Consumer Spending

Retailers Brace For Muted Back-to-School Spending
Retailers Brace For Muted Back-to-School Spending
July 20, 2020  |  Retail

The increasingly likely scenario that many students in the United States, Europe and the United Kingdom will be resuming school at their kitchen tables has...

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Retail Recovery Veils Serious Headwinds
Retail Recovery Veils Serious Headwinds
July 17, 2020  |  Retail

Despite some positive key performance indicators delivered this week, the U.S. retail and economic recovery is still facing serious headwinds. The positive news came in...

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RetailMeNot Launches 4-Day Discount Shopping Event As Retail Sales Rise
RetailMeNot Launches 4-Day Discount Shopping Event As Retail Sales Rise
July 16, 2020  |  Retail

RetailMeNot, the Texas-based company that operates coupon websites, announced “Rebound with RetailMeNot,” a four-day event featuring deals from a variety of popular stores. The initiative,...

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June Retail Sales Rise 7.5 Pct From May
June Retail Sales Rise 7.5 Pct From May
July 16, 2020  |  Economy

Back in April, the news on the retail front was gloomy, to say the least, with sales plunging by a record 16.4 percent. But that...

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Total School Supply Spending Could Surpass $100B In 2020
Total School Supply Spending Could Surpass $100B In 2020
July 15, 2020  |  Retail

Parents are preparing to shell out a record amount of money this year on back-to-school supplies, with computers topping the list amid signs that neither...

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Today In Payments: Amazon Introduces Smart Shopping Carts; Europe Reopens, Shopping Spree Underway
Today In Payments: Amazon Introduces Smart Shopping Carts; Europe Reopens, Shopping Spree Underway
July 14, 2020  |  News

In today’s top news, Amazon introduced shopping carts that let customers skip checkout lines, and retail sales in Europe surged by nearly 18 percent. Plus,...

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The Four COVID Personas, Part 4: ‘Office Shifters’
The Four COVID Personas, Part 4: ‘Office Shifters’
July 14, 2020  |  Coronavirus

Over months of research in which we surveyed more than 18,000 U.S. consumers, PYMNTS has identified four distinctly new shopper personas emerging from the pandemic...

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What Digital 3.0 ‘Convenience Shifters’ Want From Merchants
What Digital 3.0 ‘Convenience Shifters’ Want From Merchants
July 10, 2020  |  Coronavirus

Shapeshifting is rarely convenient (ask any werewolf), but in the case of a newly-minted persona that PYMNTS calls the “convenience shifter” some COVID-era behavioral changes...

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BoA: Big Restaurants Are Recovering Quicker From Pandemic
BoA: Big Restaurants Are Recovering Quicker From Pandemic
July 09, 2020  |  Economy

Big restaurant chains are faster to recover from the pandemic as compared to smaller independent eateries, Bank of America (BoA) said, as reported by CNBC....

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