holiday shopping

Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
December 08, 2023  |  Consumer Finance

Higher rates are proving to be headwind to borrowing, per the Federal Reserve’s latest stats. But growth is still growth and consumers are still tapping...

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Walmart CEO: Next Year’s Spending Patterns Tough to Forecast
Walmart CEO: Next Year’s Spending Patterns Tough to Forecast
December 06, 2023  |  Retail

Walmart’s CEO says it’s difficult to project what the retailer’s post-holiday sales will look like. Speaking with CNBC Wednesday (Dec. 6), Doug McMillon said that higher credit...

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Walmart Embraces ‘RomCommerce’ to Expand Shoppable TV Offering 
Walmart Embraces ‘RomCommerce’ to Expand Shoppable TV Offering 
November 28, 2023  |  Retail

Walmart’s latest foray into shoppable video will seem familiar to fans of the Hallmark channel. The retail giant has teamed up with TikTok and Roku to launch its first-ever shoppable series,...

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Retailers Play the Value Card to Capture Consumer Spend
Retailers Play the Value Card to Capture Consumer Spend
November 28, 2023  |  Retail

Whether a retailer rang up a sales symphony or lagged behind this quarter, they all evaluated a common make-or-break factor: the significance of delivering value...

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Black Friday Online Sales Approach $10 Billion 
Black Friday Online Sales Approach $10 Billion 
November 26, 2023  |  Retail

Americans reportedly spent a record $9.8 billion online during this year’s Black Friday. That jump in sales — 7.5% over last year — marks a...

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Digital Gift Cards Popular as Consumers Balance Giving and Budgeting This Holiday
Digital Gift Cards Popular as Consumers Balance Giving and Budgeting This Holiday
November 23, 2023  |  Consumer Insights

Amid the festive cheer, the holiday season is also accompanied by economic uncertainties and inflationary pressures. Consequently, numerous consumers in the United States are gearing...

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Temu and Shein Struggle to Convert Visits Into Transactions 
Temu and Shein Struggle to Convert Visits Into Transactions 
November 22, 2023  |  eCommerce

Online retailers Temu and Shein reportedly draw millions of visitors to their websites but struggle to convert those visits to sales.  Despite their popularity, the two retailers still lag...

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Retailers Expect Interest Rates and Inflation to Slow Holiday Spending
Retailers Expect Interest Rates and Inflation to Slow Holiday Spending
November 21, 2023  |  Retail

Retailers are reportedly bracing for a tough holiday season, with economic demand slowing and outlooks mixed. Despite offering higher discounts and competitive promotions, retailers are...

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1 in 5 of Consumers Without Paycheck Pressures Still Plan to Finance Holiday Purchases
1 in 5 of Consumers Without Paycheck Pressures Still Plan to Finance Holiday Purchases
November 21, 2023  |  Consumer Finance

As the holidays near, balancing tight budgets with the festive spirit can become a challenge. Which is why traditionally, many consumers turn to credit to...

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