Consumer Spending

China’s 618 Festival Shows Strength In Consumer Spending

China’s 618 Festival Shows Strength In Consumer Spending
China’s 618 Festival Shows Strength In Consumer Spending
June 22, 2020  |  Retail

China’s 618 shopping festival is in the books. This year’s three-week event was watched closely for evidence that the Chinese consumer will help spend the...

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The Negative Trickle Down Effect of COVID’s (Wealthy) Consumer Spending Pause
The Negative Trickle Down Effect of COVID’s (Wealthy) Consumer Spending Pause
June 22, 2020  |  Economy

Call it the trickle down theory – in reverse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Amazon And Valentino Sue Over Alleged Counterfeits
Amazon And Valentino Sue Over Alleged Counterfeits
June 19, 2020  |  Retail

Amazon and Italian luxury brand Maison Valentino filed a lawsuit against a retailer Thursday (June 18),  alleging the company sold counterfeit goods as the trade in...

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Amazon Walmart Whole Paycheck Tracker: Staying Secure, Gaining New Ground And Getting Competitive
Amazon Walmart Whole Paycheck Tracker: Staying Secure, Gaining New Ground And Getting Competitive
June 19, 2020  |  Retail

The American economy is reopening for business and consumers are starting to head back toward their lives in the physical world. But shopping will likely see...

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Retail Spending Recovers, But What Happens Next?
Retail Spending Recovers, But What Happens Next?
June 18, 2020  |  Retail

This week’s 17 percent bounce for retail sales was a welcome bit of good news. Unfortunately, it will not be sustainable nor does it indicate...

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How The Global Pandemic Fast Tracked Mobile Payments In India
How The Global Pandemic Fast Tracked Mobile Payments In India
June 17, 2020  |  Cross-border Payments

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this...

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Powell: US Faces Long-Term Damage As Downturn Persists
Powell: US Faces Long-Term Damage As Downturn Persists
June 16, 2020  |  Economy

Federal Reserve Chair Jerome Powell said Tuesday (June 16) that the economy under the pandemic has continued to cause pain to American citizens despite the appearance...

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