Consumer Spending

Disney Urged To Postpone Reopening Florida’s Walt Disney World
Disney Urged To Postpone Reopening Florida’s Walt Disney World
June 24, 2020  |  Retail

Disney may have thought reopening Walt Disney World in Orlando, Florida next month was a good idea. But as of Wednesday (June 23), more than...

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Apple To Let Developers Challenge App Store Rules, Mum On Apple Pay During WWDC
Apple To Let Developers Challenge App Store Rules, Mum On Apple Pay During WWDC
June 23, 2020  |  Apple

Apple’s annual Worldwide Developer Conference kicked off Monday (June 22) with Apple announcing new developments for its ever-expanding ecosystem. New software is coming soon to...

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Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
June 22, 2020  |  News

In today’s top news, Wirecard says the missing $2.1 billion from its Philippines accounts probably never existed, and checkout.com raised $150 million. Plus, U.S. consumers...

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China’s 618 Festival Shows Strength In Consumer Spending
China’s 618 Festival Shows Strength In Consumer Spending
June 22, 2020  |  Retail

China’s 618 shopping festival is in the books. This year’s three-week event was watched closely for evidence that the Chinese consumer will help spend the...

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The Negative Trickle Down Effect of COVID’s (Wealthy) Consumer Spending Pause
The Negative Trickle Down Effect of COVID’s (Wealthy) Consumer Spending Pause
June 22, 2020  |  Economy

Call it the trickle down theory – in reverse. To be clear: We’re not talking about the economic theory that posits that incenting business and relatively wealthier...

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Amazon And Valentino Sue Over Alleged Counterfeits
Amazon And Valentino Sue Over Alleged Counterfeits
June 19, 2020  |  Retail

Amazon and Italian luxury brand Maison Valentino filed a lawsuit against a retailer Thursday (June 18),  alleging the company sold counterfeit goods as the trade in...

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Amazon Walmart Whole Paycheck Tracker: Staying Secure, Gaining New Ground And Getting Competitive
Amazon Walmart Whole Paycheck Tracker: Staying Secure, Gaining New Ground And Getting Competitive
June 19, 2020  |  Walmart Amazon whole paycheck

The American economy is reopening for business and consumers are starting to head back toward their lives in the physical world. But shopping will likely see...

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Retail Spending Recovers, But What Happens Next?
Retail Spending Recovers, But What Happens Next?
June 18, 2020  |  Retail

This week’s 17 percent bounce for retail sales was a welcome bit of good news. Unfortunately, it will not be sustainable nor does it indicate...

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How The Global Pandemic Fast Tracked Mobile Payments In India
How The Global Pandemic Fast Tracked Mobile Payments In India
June 17, 2020  |  International

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this...

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