Consumer Spending

COVID Surge Sends Americans Back To Work At Home In Another Economic Hit To Cities

COVID Surge Sends Americans Back To Work At Home In Another Economic Hit To Cities
COVID Surge Sends Americans Back To Work At Home In Another Economic Hit To Cities
December 02, 2020  |  Economy

Stagnant rates of U.S. employees returning to their offices is signaling another slowdown for the country’s economy, The Wall Street Journal (WSJ) writes. Get the...

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Subscription-Based Companies See Happy Holidays (And Renewals)
Subscription-Based Companies See Happy Holidays (And Renewals)
December 02, 2020  |  Subscriptions

For all its many horrors, 2020 has turned out to be a surprisingly good time to sell subscriptions to consumers. The latest PYMNTS/Recurly Subscription Commerce Conversion Index found...

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Device ID Helps Fight Holiday Fraud Amid Record Online Shopping
Device ID Helps Fight Holiday Fraud Amid Record Online Shopping
December 02, 2020  |  Cybersecurity

At a time when COVID-19 has seen global eCommerce and digital traffic grow by nearly 70 percent, security experts have braced for a commensurate surge...

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Visa: Online Spend Up 27 Pct In November, Instore, Credit Spend Cools
Visa: Online Spend Up 27 Pct In November, Instore, Credit Spend Cools
December 01, 2020  |  VISA

Visa saw more growth in payments in November, including a 27 percent spike in online payments, a filing from the U.S. Securities and Exchange Commission...

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Digital Ad Spending Now 51 Pct Of US Total For First Time
Digital Ad Spending Now 51 Pct Of US Total For First Time
December 01, 2020  |  Business

Over half of U.S. advertising spending this year, or 51 percent, will go to Big Tech, such as Amazon, Google and Facebook, as the pandemic...

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Cyber Monday Rings Up $10.8 Billion In Record Sales
Cyber Monday Rings Up $10.8 Billion In Record Sales
December 01, 2020  |  eCommerce

Cyber Monday consumers rang up $10.8 billion in sales for the holiday, smashing records for the biggest online shopping day ever, according to new data...

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Shopify Reports Record-Breaking Black Friday, Cyber Monday Sales
Shopify Reports Record-Breaking Black Friday, Cyber Monday Sales
December 01, 2020  |  eCommerce

Global eCommerce platform Shopify reported record-breaking sales of more than $5.1 billion on Black Friday and Cyber Monday, according to a press release. Get the...

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Cyber Monday: Sales Records Abound For Obsolete Holiday
Cyber Monday: Sales Records Abound For Obsolete Holiday
December 01, 2020  |  Retail

Anyone who missed the significance of Cyber Monday this year gets a hall pass. The pandemic has rendered what started in 2005 as a reason...

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