Consumer Spending

Retail Shoppers Pay by Debit Card in Stores but by Credit Online
Retail Shoppers Pay by Debit Card in Stores but by Credit Online
May 08, 2024  |  Payment Methods

When shopping in stores, retail customers prefer to pay with debit, but eCommerce is a different story. By the Numbers According to an October survey of...

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QVC Owner Courts 50+ Women as Revenues Slip
QVC Owner Courts 50+ Women as Revenues Slip
May 08, 2024  |  Earnings

With revenues sliding, Qurate Retail is focused on women over 50 and their discretionary income. The parent company of QVC and HSN on Wednesday (May 8) released quarterly earnings showing its...

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Consumers’ Click-and-Mortar™ Expectations Shape Shopify’s Future
Consumers’ Click-and-Mortar™ Expectations Shape Shopify’s Future
May 08, 2024  |  Earnings

Digital may have changed the face of retail, but consumers continue to want to shop in stores, demanding that even the most eCommerce-centric companies such...

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Visa: Embedded Lending Creates ‘Halo Effect’ for Repeat Transactions
Visa: Embedded Lending Creates ‘Halo Effect’ for Repeat Transactions
May 08, 2024  |  Consumer Finance

You’ve heard of embedded finance. Get ready for embedded lending. It’s a relatively new term to describe an important trend in consumer financial behavior, and...

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Banks Call For Greater BNPL Reporting Transparency
Banks Call For Greater BNPL Reporting Transparency
May 07, 2024  |  Buy Now Pay Later

In recent years, buy now, pay later (BNPL) platforms have gained popularity among consumers, offering a convenient way to finance purchases through installments. However, the lack...

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Match Group Forecasts Revenue Below Analyst Estimates
Match Group Forecasts Revenue Below Analyst Estimates
May 07, 2024  |  Earnings

In a challenging market environment, Match Group, the parent company of dating apps Tinder, Hinge and OkCupid, is reportedly expecting lower than estimated quarterly revenue. The Dallas-based company has been grappling with...

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High-Income Consumers’ Rising Secondhand Purchasing Drives Luxury Consignment Growth
High-Income Consumers’ Rising Secondhand Purchasing Drives Luxury Consignment Growth
May 07, 2024  |  Retail

With high-income shoppers disproportionately growing their adoption of secondhand retail channels, The RealReal is seeing its consignment business grow. The luxury resale online marketplace shared in its...

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Budget-Strapped Consumers Are Tired of Being Asked to Tip Self-Checkout Kiosks
Budget-Strapped Consumers Are Tired of Being Asked to Tip Self-Checkout Kiosks
May 07, 2024  |  Consumer Insights

For financially constrained consumers, the pressure to tip is verging on the ridiculous, with many customers even asked to add gratuity at self-checkout. By the...

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Live Events Take Center Stage in Consumer Spending
Live Events Take Center Stage in Consumer Spending
May 07, 2024  |  Earnings

As consumers feel their budgets come under pressure, people continue to spring for live event tickets, Vivid Seats’ latest earnings results reveal, even as they cut back on...

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