US retail sales fell 0.6% in November: But spending on services like restaurants and travel continues to grow as shoppers prioritize experiences over physical goods.
Shoppers hold out for Super Saturday sales: A record 158 million consumers are expected to shop that day as Amazon, Target, and Walmart ramp up promotions.
Inflation eased in November: Slowing grocery inflation and falling energy costs are giving consumers and businesses a reason for optimism heading into 2023.
UK inflation eased in November: However, there is no shortage of challenges facing UK merchants and consumers, including a recent rail strike.
The government hopes sweeping changes for Britain's banks will give the sector a lift. But it could expose lenders to more risk.
Carvana and Bed Bath & Beyond teeter closer to bankruptcy: Both retailers are facing serious money problems as decisions made during the pandemic come back to haunt them.
US consumers continue to spend: But they’re increasingly selective about their purchases, which is bad news for retailers selling pricey goods such as consumer electronics.
Fanatics raises $700 million: Despite market turmoil, investors continue to pour cash into the sports-merchandising giant.
The retail landscape in Europe looks bleak: Retail sales in Europe fell at the highest rate since July 2021. That’s a sharp contrast to the US, where consumers keep spending.
Some banks’ worst-case scenarios are others’ base cases—meaning some banks might be too optimistic.
US households boosted spending in October as inflation eased: That’s a positive harbinger for the holiday season.
We unpack the biggest takeaways and action items from our US Mobile Banking Emerging Features Benchmark.
Stiff competition and soaring costs drive H&M to cut 1,500 positions: The challenging economic environment is forcing European retailers such as H&M and Asos to look for ways to protect their bottom lines.
A record number of US consumers shopped over the Cyber Five: 196.7 million US consumers shopped over the five-day period, which is 7.1 million more than the previous high.
As economic pressures weigh down on consumers, 20% plan to use BNPL to help stretch their holiday budgets, per TSG and ETA.
SMEs are projected to be the biggest growth area for insurance aggregators globally through 2031.
Steve Delpy said there could be opportunities in the payments industry slowdown in a conversation with Insider Intelligence.
Steve Delpy said there could be opportunities in the payments industry slowdown in a conversation with Insider Intelligence.
We comb through Nubank’s Q3 earnings and summarize what they mean for neobanks and Latin American fintech.
Here’s what Apple, Google, Amazon, and Twitter are doing to build out a space in financial services—and how Big Tech’s expansion into banking will impact the industry.
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