Consumer Spending

Streaming Services Compete for Consumers’ Holiday Spending With Giftable Subscriptions
Streaming Services Compete for Consumers’ Holiday Spending With Giftable Subscriptions
December 14, 2023  |  Streaming

From directly giftable subscriptions to traditional gift cards, video streaming services are finding ways to capture consumers’ holiday season spending. Notably, leading players in the...

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Buy Now Pay Later Helped Boost November Retail and Restaurant Sales
Buy Now Pay Later Helped Boost November Retail and Restaurant Sales
December 14, 2023  |  Economy

The headlines across various media outlets in the wake of the latest retail sales report zeroed in on the fact that the expectations had been...

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Luxury Spending Continues to Slow Amid Geopolitical Uncertainty and Inflation
Luxury Spending Continues to Slow Amid Geopolitical Uncertainty and Inflation
December 13, 2023  |  Retail

A slowdown in luxury spending, combined with excessive inventory levels for the holiday season, has reportedly prompted fears of a discounting spiral that could cheapen...

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Competition for Consumers’ Grocery Spending Heats up Among Discount Retailers
Competition for Consumers’ Grocery Spending Heats up Among Discount Retailers
December 13, 2023  |  Economy

After years of trade-down in grocery and discount retailers’ consequent efforts to woo consumers with their food and beverage offerings, the space has grown significantly...

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Consumers Look for Ways to Pay for Holiday Travel
Consumers Look for Ways to Pay for Holiday Travel
December 13, 2023  |  Travel Payments

Consumers are doing whatever they can to be able to travel this holiday season, from cutting back on other purchases to funding their expenses with...

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Cash-Strapped UK Shoppers Choose Chocolate Over Toys as Gifts
Cash-Strapped UK Shoppers Choose Chocolate Over Toys as Gifts
December 11, 2023  |  Retail

Nestle, the maker of Quality Street, and Mondelez, the owner of Cadbury, are experiencing increased sales of confectionery in the United Kingdom this holiday season. Cash-strapped shoppers, looking...

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Wrong Product Info and Ratings Drive Auto-Fill Subscription Cancellations
Wrong Product Info and Ratings Drive Auto-Fill Subscription Cancellations
December 11, 2023  |  Subscriptions

Consumers may choose to use auto-fill subscriptions, but they have little tolerance for company mistakes. Convenience is key for consumers who subscribe to auto-buy retail...

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Lawsuit Accuses Visa of Electronic Payment Monopoly
Lawsuit Accuses Visa of Electronic Payment Monopoly
December 11, 2023  |  Legal

Visa is reportedly facing an antitrust lawsuit alleging that it has blocked fair competition in the credit and debit card processing market. MiCamp Solutions, a provider...

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National Retail Federation Reports Higher Sales as Holiday Season Kicks Off
National Retail Federation Reports Higher Sales as Holiday Season Kicks Off
December 11, 2023  |  Retail

The National Retail Federation (NRF) says the holiday shopping season got off to a strong start. The federation’s Retail Monitor, produced in tandem in CNBC and...

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