Consumer Spending

Boost In April Consumer Spending Shows Shift To Services Over Goods

Boost In April Consumer Spending Shows Shift To Services Over Goods
Boost In April Consumer Spending Shows Shift To Services Over Goods
May 28, 2021  |  Economy

Consumer spending went up 0.5 percent in April to $80.3 billion, with a $112.6 billion boost in the services sector that helped offset a $32.3...

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Emerging Developments In Retail And Loyalty
Emerging Developments In Retail And Loyalty
May 28, 2021  |  Today In Data

Best Buy’s earnings showed the positive impact of the stay-at-home economy, with the electronics retailer reporting rising sales in its most recent quarter. In retail trends, discounters...

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LendingClub CEO: Getting Ready For The US Consumer’s ‘Great Normalization’
LendingClub CEO: Getting Ready For The US Consumer’s ‘Great Normalization’
May 28, 2021  |  Economy

The pandemic is moving into the rearview mirror. And a cursory read of the headlines may make it seem that we’re headed out from under...

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Getting Clever About Fighting Cart Abandonment
Getting Clever About Fighting Cart Abandonment
May 27, 2021  |  eCommerce

We’ve all done it. Maybe we were shopping online, and the phone rang, and we wandered off and forgot. Maybe we filled the cart up,...

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Best Buy Earnings Show Positive Impact Of Stay-at-Home Economy
Best Buy Earnings Show Positive Impact Of Stay-at-Home Economy
May 27, 2021  |  Retail

Amid the pandemic, we want our electronics – the TVs, tablets and devices keeping us tethered, at least digitally, to family and friends and binge-watching...

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Lime Debuts Subscription Service To Give Perks To Frequent Riders
Lime Debuts Subscription Service To Give Perks To Frequent Riders
May 27, 2021  |  Subscriptions

Shared electric vehicle provider Lime will roll out a new monthly subscription service called Lime Prime, which will reduce ride fees and waive unlock fees...

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Restaurant Spending On The Rise Despite Initial ‘Sticker Shock’
Restaurant Spending On The Rise Despite Initial ‘Sticker Shock’
May 25, 2021  |  Restaurant innovation

After being devastated by the pandemic, the restaurant industry is coming back, fueled by the vaccine rollout, changing health restrictions, and in some cases by...

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Travel Restrictions Boost Chinese Malls
Travel Restrictions Boost Chinese Malls
May 25, 2021  |  Retail

Chinese malls enjoyed a resurgence during the COVID pandemic, with shoppers kept in the country by travel restrictions forced to spend their money at home....

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Restaurant Rewards: The Four Personas Of Today’s Restaurant Customer
Restaurant Rewards: The Four Personas Of Today’s Restaurant Customer
May 24, 2021  |  Loyalty & Rewards

As restaurateurs look to rebuild for the post-pandemic future, many are forced to reckon with consumers’ changing needs, desires and concerns. To earn the loyalty...

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