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Consumer Spending

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...

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

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

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

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

Holiday eCommerce Sales Projected to Rise Amid Shopping Slowdown | PYMNTS.com

A new report suggests Americans will slow their holiday spending this year compared to 2023. The annual holiday...

Mobile Shopping Forecast to Heavily Drive Sales for the 2024 Holiday Season and Beyond

Mobile shopping has continued to be a dominant force for consumers — with it quickly taking over for shoppers who research, compare prices and...

Retail spending in July surged by the most in over a year.

Americans stepped up their spending at retailers last month by the most in a year and a half, easing concerns that the economy might...

World markets shaken over fears of U.S. recession as sell-offs deepen | CBC News

Nearly everything on Wall Street is tumbling as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around...

Parents Are Keeping Back-to-school Shopping Basic, Data Shows

After a triumphant return to spending during the back-to-school season in 2021 and 2022, parents took a step back from spending on indulgences in...

India’s nighttime shopping surges as 24 hour retail becomes increasingly adopted

Seven states of India have allowed retail shops to work for 24 hours a day, leading to a rise in consumer spending,...

Michael Kors Is Mastercard’s First AI-powered Shopping Assistant Retail Partner

Mastercard has announced that Michael Kors is its first retail partner to use the Shopping Muse, the artificial intelligence-powered shopping assistant by Dynamic Yield,...

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