Consumer Spending

Vaccine May Spark Inflation Jump As Consumers Spend More
Vaccine May Spark Inflation Jump As Consumers Spend More
November 22, 2020  |  Economy

Consumers freed by a COVID-19 vaccine from the last eight months of disease-related restrictions could unleash enough spending on services such as travel and dining...

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Samsung: Wearables Sales Soared 30 Pct In 2020
Samsung: Wearables Sales Soared 30 Pct In 2020
November 20, 2020  |  Retail

Wearable device sales have shot up at least 30 percent this year as consumers looked to technology to help them monitor their health during the...

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Grocery Roundup: Ahold Delhaize Acquisition, Another Toilet Paper Rush And A SNAP Explosion
Grocery Roundup: Ahold Delhaize Acquisition, Another Toilet Paper Rush And A SNAP Explosion
November 19, 2020  |  Retail

The biggest grocery shopping weekend of the year is upon us, as it will be the last weekend before the Thanksgiving holiday. Though, as PYMNTS’ recent data have...

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Mastercard: More Shoppers Favor Local, Minority-Owned Businesses
Mastercard: More Shoppers Favor Local, Minority-Owned Businesses
November 18, 2020  |  Mastercard

A move to mindful shopping has American consumers favoring small, local stores and those owned by Black merchants, women and other minorities, according to the...

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Nearly One Quarter Of Walmart+ Users Are On A Free Trial
Nearly One Quarter Of Walmart+ Users Are On A Free Trial
November 17, 2020  |  Subscriptions

Ever since mid-September when Walmart launched Walmart+, its new subscription service — often referred to as “Walmart’s answer to Amazon Prime” — the question has...

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Alibaba Retail Exec: Chinese Consumers Spending More Amid Pandemic
Alibaba Retail Exec: Chinese Consumers Spending More Amid Pandemic
November 17, 2020  |  Retail

Shoppers in China are making up for lost time, throwing money at luxury goods and cosmetics amid the COVID-19 pandemic, according to a CNBC report...

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