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Consumer Spending

Shopping

83% of holiday consumers to shop online; online-only retailers top destination

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Online-only retailers are the top planned holiday shopping destination this year, cited by 77% of consumers. Despite in-store shopping expected to see...
Bussiness

B. Riley Chairman Feels ‘Personally Sick’ as FRG Goes Bankrupt

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Bryant Riley, the co-founder of investment firm B. Riley Financial Inc., told employees he feels “personally sick” after the collapse of Franchise Group Inc.,...
Shopping

Affirm Updates BNPL App Ahead of Holiday Shopping Season | PYMNTS.com

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Ahead of the holiday shopping season, payments network Affirm is upgrading its app. The company, known for...
Jobs

Microsoft Corporation (NASDAQ:MSFT) Critiques Google’s Open Cloud Coalition, Accusing it of Astroturfing Tactics

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We recently compiled a list of the 10 AI News Investors Should Not Miss. In this article, we are going to take a look...
Shopping

Forget Cyber Monday: Evolving Habits Reshape Holiday Spending | PYMNTS.com

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As the holiday season approaches, consumer shopping habits are shifting to earlier purchases and retailers are...
Shopping

Data: 88% of Consumers Still Prefer In-Person Grocery Shopping | PYMNTS.com

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As consumer habits change, payment preferences are becoming segmented based on shopping channels. A PYMNTS Intelligence Report,...
Shopping

Holiday Shopping Sales Projections Show Wide Variance

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With just about a month away from Black Friday, which is considered the official kick-off of the holiday shopping season, sales forecasts are all...
Shopping

Back-to-School Shopping Drives Consumer Spending Surge in September | PYMNTS.com

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September’s retail sales data showed a (slight) acceleration of spending from August, though we’re well off...
Shopping

Amazon’s Prime Big Deal Days: Early Indicator for Holiday Shopping Trends | PYMNTS.com

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As Amazon kicks off its Prime Big Deal Days on Tuesday (Oct. 8), the 48-hour event...
Shopping

Economic skepticism won’t slow down holiday shopping this year

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A benchmark measure of U.S. consumer confidence just took its biggest dive in three years but retail industry watchers say this year’s winter holiday...
Shopping

Walmart Takes on Amazon With Earlier Holiday Deals Event | PYMNTS.com

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Walmart says it is beginning its holiday shopping offerings earlier than ever. “This year, nearly 50% of consumers...
Shopping

Amazon Promotes Early Holiday Shopping as ‘Prime Big Deal Days’ Return | PYMNTS.com

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Amazon is resuming “Prime Big Deal Days” next month before the holiday shopping season. The eCommerce giant’s...
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