Consumer Spending

Retail Data Shows Online Dominance, Gift Card Momentum For Holiday Spending

Retail Data Shows Online Dominance, Gift Card Momentum For Holiday Spending
Retail Data Shows Online Dominance, Gift Card Momentum For Holiday Spending
November 25, 2020  |  Retail

While predictions of increased spending are appearing more frequently since news of various COVID-19 vaccines has broken, PYMNTS data shows that consumers are still cautious,...

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Challenger Bank Current Nets $131M On $750M Valuation
Challenger Bank Current Nets $131M On $750M Valuation
November 24, 2020  |  Digital-First Banking

U.S. challenger bank Current has raised $131 million in a Series C funding round, according to a press release. Get the Full Story Complete the...

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CDC Eyes Shortening COVID Quarantine Time In Hopes Of More Compliance
CDC Eyes Shortening COVID Quarantine Time In Hopes Of More Compliance
November 24, 2020  |  Coronavirus

The U.S. Centers for Disease Control and Prevention (CDC) is finalizing its recommendations for shorter quarantine times after potential COVID-19 exposure, The Wall Street Journal...

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FinTech Stripe Eyes Funding Round That Could Put Valuation At $100B
FinTech Stripe Eyes Funding Round That Could Put Valuation At $100B
November 24, 2020  |  Investments

FinTech Stripe is considering a funding round to value it higher than the $36 billion it got on its last round, Bloomberg reports. According to...

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China Expects Economy To Improve In 2021 As Region Sees Boost In Tourism
China Expects Economy To Improve In 2021 As Region Sees Boost In Tourism
November 24, 2020  |  International

Li Keqiang, Chinese premier, forecasts that the country could return to normal economic activity by next year, Reuters reports. Get the Full Story Complete the...

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Consumers Gloomy Amid Slowing Growth, COVID-19 Numbers, Survey Finds 
Consumers Gloomy Amid Slowing Growth, COVID-19 Numbers, Survey Finds 
November 24, 2020  |  Economy

The Dow may just have crossed 30,000, but U.S. consumers are growing gloomier as a dark coronavirus winter settles in, as shown in a new...

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Restaurant Operators Face New Loyalty Demands
Restaurant Operators Face New Loyalty Demands
November 24, 2020  |  Loyalty & Rewards

Lettuce-wrap your mind around this: “There are 31.6 million consumers in the United States — 15.7 percent of the total — who are dining in...

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NRF: Online Holiday Sales To Jump 30 Pct As Consumer Spending Rises
NRF: Online Holiday Sales To Jump 30 Pct As Consumer Spending Rises
November 23, 2020  |  Retail

The National Retail Federation (NRF) said it predicts retail sales across the U.S. will rise between 3.6 percent and 5.2 percent over what they were...

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Dueling Outlooks Disagree About Discount-Driven Holiday Selling
Dueling Outlooks Disagree About Discount-Driven Holiday Selling
November 23, 2020  |  Retail

Nobel laureate Niels Bohr once quipped, “Prediction is very difficult, especially if it’s about the future.” If he thought physics predictions were tough, try 2020...

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