Consumer Spending

March Retail Sales’ 8.7 Pct Decline Predicts A Cruel April
March Retail Sales’ 8.7 Pct Decline Predicts A Cruel April
April 15, 2020  |  Retail

The U.S. Department of Commerce released its retail sales results for March, showing record-setting declines due to changes in consumer behavior and the COVID-19 lockdown....

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JPMorgan Says It’s Processing 300,000 PPP Loans
JPMorgan Says It’s Processing 300,000 PPP Loans
April 14, 2020  |  Earnings

JPMorgan Chase reported results that showed the impact of the coronavirus, especially toward the end of the quarter, reflecting declines in consumer spending – and...

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Walmart Amazon Whole Paycheck Tracker: Adjusting To The New Normal
Walmart Amazon Whole Paycheck Tracker: Adjusting To The New Normal
April 14, 2020  |  Walmart Amazon whole paycheck

The last several weeks have been all hands on deck for every player in retail, as the race for the consumer’s whole paycheck has shifted...

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Consumers Shift Spend To Digital, But Buy Less
Consumers Shift Spend To Digital, But Buy Less
April 13, 2020  |  Coronavirus

Stores are shut down, restaurants are restricted to carryout and delivery only, professional sports are on hold, most flights are grounded and the fate of...

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PSCU Study Shows Overall Spending Down Amid Coronavirus Pandemic
PSCU Study Shows Overall Spending Down Amid Coronavirus Pandemic
April 13, 2020  |  Credit Unions

As the coronavirus pandemic continues to disrupt personal finances, a study by credit union service organization (CUSO) PSCU shows that overall credit card spending is...

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Big Week Ahead For Retail Data
Big Week Ahead For Retail Data
April 13, 2020  |  Retail

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales...

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Lost Wallets: Mobile Wallets Stuck In Low Gear, Lagging Cards And Cash
Lost Wallets: Mobile Wallets Stuck In Low Gear, Lagging Cards And Cash
April 09, 2020  |  Mobile Wallets

Though they’ve overcome serious technical hurdles, work well, and are now in the hands of billions of smartphone-owning consumers, mobile wallets including those from Big...

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In China, Pent-Up Demand For Cosmetics A Blip Or Trend?
In China, Pent-Up Demand For Cosmetics A Blip Or Trend?
April 08, 2020  |  Retail

Emerging from lockdown, Chinese consumers may be opening up (digital) wallets and purses … though gradually. Against that backdrop, South China Morning Post reported that...

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The 10 Ways COVID-19 Has Changed The American Consumer
The 10 Ways COVID-19 Has Changed The American Consumer
April 08, 2020  |  Coronavirus

For the last several weeks normal life in the United States and around the world has been on hold in a way that has never...

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