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Consumer Spending

Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target

By Juveria Tabassum and Arriana McLymore (Reuters) - Retailers are in for a mixed holiday season this year ahead of...

41% of Zillennials Prioritize Price Over Brand Loyalty in Shopping | PYMNTS.com

Zillennials — who were born between 1991 and 1999 — are reshaping the retail market with...

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

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

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

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.,...

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

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

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

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

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

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

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

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

Holiday Shopping Sales Projections Show Wide Variance

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...

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

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

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

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

Economic skepticism won’t slow down holiday shopping this year

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...

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