Retail sales

Gift Card Scams Surge as Maryland Enacts Law Amid Federal Crackdown
Gift Card Scams Surge as Maryland Enacts Law Amid Federal Crackdown
July 29, 2024  |  Retail

Gift card scams are back in the news, with two federal agencies issuing warnings about their proliferation and one state now passing a law aimed...

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Amazon Prime Day First Day Sales Reach $7.2 Billion Amid Back-to-School Leap
Amazon Prime Day First Day Sales Reach $7.2 Billion Amid Back-to-School Leap
July 17, 2024  |  Retail

 Amazon Prime Day’s opening day reportedly generated $7.2 billion in U.S. sales.  That’s according to a report Wednesday (July 17) by Reuters, citing data from...

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Chase to Decline Credit Card Payments for Third-Party BNPL Plans
Chase to Decline Credit Card Payments for Third-Party BNPL Plans
July 17, 2024  |  BNPL

Chase told customers that it will stop allowing its credit cards to be used to pay for third-party buy now, pay later (BNPL) plans. The...

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Shop Talk: Grubhub’s Grocery VP Says ‘We’ll Catch Up Very Quickly’
Shop Talk: Grubhub’s Grocery VP Says ‘We’ll Catch Up Very Quickly’
July 17, 2024  |  Retail

At a time when its competitors were announcing new grocery options by the hundreds, Grubhub appeared to be hanging back. Still, as it enters the...

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Credit Card Retail Payments Fall by 18% Amid Budget Pressures
Credit Card Retail Payments Fall by 18% Amid Budget Pressures
July 16, 2024  |  Credit Cards

As consumers continue to face financial pressures, many are shifting away from credit payments for retail purchases, instead playing it safe with debit. By the...

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China’s Economic Growth Shows Surprise Slowdown
China’s Economic Growth Shows Surprise Slowdown
July 15, 2024  |  International

Economic growth in China reportedly fell to its slowest pace in five quarters. The surprise slowdown came as a decline in consumer spending hamstrung an...

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Inflation Cools Overall, but Food Is More Expensive
Inflation Cools Overall, but Food Is More Expensive
July 11, 2024  |  Economy

The Consumer Price Index released Thursday (July 11) showed that, at least overall, the pace of inflation cooled in June. But the category-by-category data from...

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Pepsi: ‘Value-Conscious’ Consumers Cut Back on Snacks
Pepsi: ‘Value-Conscious’ Consumers Cut Back on Snacks
July 11, 2024  |  Earnings

PepsiCo’s snack food revenues dipped during its latest quarter as consumers continued to exercise caution. The food and beverage giant released second-quarter earnings results Thursday...

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Shop Talk: Consumers Return to Brick-and-Mortar Grocery for Summer
Shop Talk: Consumers Return to Brick-and-Mortar Grocery for Summer
July 03, 2024  |  Retail

As grocery shoppers settle into the warmer months, many are shifting away from eCommerce back to brick-and-mortar stores with more time to make their food...

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