holidays

Visa Tops 4.7 Billion Credentials, Logs 44% Growth in Tokens YOY
Visa Tops 4.7 Billion Credentials, Logs 44% Growth in Tokens YOY
January 30, 2025  |  Earnings

Visa’s fiscal first-quarter results noted significant growth in payments done digitally, and in tokens and credentials issued by the payments network. Payments volume grew by...

READ MORE >
Amex: Card Spending by Millennials and Gen Z Up 16%
Amex: Card Spending by Millennials and Gen Z Up 16%
January 24, 2025  |  Earnings

Young consumers are keeping credit card spending buoyant, especially for American Express, which saw millennials and members of Generation Z increase their spending by double...

READ MORE >
66% of Consumers Look for Free Shipping When Online Shopping
66% of Consumers Look for Free Shipping When Online Shopping
January 21, 2025  |  eCommerce

When consumers are selecting an online store at which to make a purchase, free shipping is the offering that is most commonly on their checklist....

READ MORE >
eCommerce Rocks December as Retailers Continue Digital Shift
eCommerce Rocks December as Retailers Continue Digital Shift
January 17, 2025  |  Retail

December’s retail sales, released on Thursday (Jan. 16) by the Census Bureau, were a snapshot of consumer resilience, buoyed by end-of-year sales. And beyond the...

READ MORE >
Retail and Food Services Sales Grow 3.9% YOY in December
Retail and Food Services Sales Grow 3.9% YOY in December
January 16, 2025  |  Retail

Retail and food services sales in the United States grew in December. They increased 0.4% compared with November and 3.9% compared with December 2023, according...

READ MORE >
Target Lifts Guidance After Record Black Friday-Cyber Monday Sales
Target Lifts Guidance After Record Black Friday-Cyber Monday Sales
January 16, 2025  |  Retail

Record post-Thanksgiving sales have caused Target to raise its sales guidance. The retailer announced Thursday (Jan. 16) that it now anticipates an approximately 1.5% increase in fourth-quarter comparable sales...

READ MORE >
JPMorgan Reports Bounce in Credit and Debit Sales on ‘Healthy’ Consumer Spending
JPMorgan Reports Bounce in Credit and Debit Sales on ‘Healthy’ Consumer Spending
January 15, 2025  |  Earnings

J.P. Morgan Chase’s fourth-quarter earnings results showed continued momentum in consumer spending, with increased credit and debit card use. Consumers also drew down their deposit...

READ MORE >
Salesforce: 28% Uptick in Returns Could Dampen Record Holiday Spending
Salesforce: 28% Uptick in Returns Could Dampen Record Holiday Spending
January 06, 2025  |  Retail

Artificial intelligence (AI) helped holiday sales reach record levels this year, new Salesforce data shows. However, the company said in a report issued Monday (Jan....

READ MORE >
‘Returnuary’ Highlights the Brilliant and Bizarre of Holiday Retail Regret
‘Returnuary’ Highlights the Brilliant and Bizarre of Holiday Retail Regret
January 04, 2025  |  Retail

The holiday season is the golden quarter for eCommerce, where businesses pull out all the stops to maximize sales. Yet, as the festive glow dims...

READ MORE >