Credit Card Swipe Fees Hit Record $100 Billion in 2023
American merchants were charged $7.5 billion more for credit cards with Visa and Mastercard logos in 2023 than they were in 2022 – a...
SpotOn Unveils First AI Marketing Tool for Restaurants
According to the National Restaurant Association's latest report, operators cited attracting new customers (79%) and bringing back repeat customers (56%) as significant challenges in...
New Survey Reveals Consumers Are Splurging on Travel and Experiences Again
After years of spending most of their time indoors, a recent 5WPR survey has found that consumers are once again splurging on travel and...
New Consumer Survey Shows Changed Attitude Toward Influencers
Enterprise CMS Storyblok surveyed 1,000 consumers, revealing that blanket influencer or celebrity endorsements for products could actually harm sales.
An analysis of the attitude consumers...
Record Number of Shoppers Celebrated Thanksgiving Holiday Weekend
A record 200.4 million consumers shopped over the five-day holiday weekend from Thanksgiving Day through Cyber Monday, surpassing last year’s record of 196.7 million,...
Decoding the Hype: What is Video Shopping?
In the dynamic landscape of online shopping, there's no shortage of buzzworthy trends and innovations. Among the latest and most captivating phenomena, video shopping...
Global Ecommerce Revenue Expected to Reach $6.34 Trillion by 2027
Global e-commerce revenue is expected to grow by 65% from 2023 to 2027, reaching an astonishing $6.34 trillion, according to a recent study by...
Credit Card ‘Swipe’ Fees Account for $3 Billion of Back-to-School Costs This Year
“Swipe” fees banks charge merchants to process credit card transactions will drive up the price of school and college supplies by more than $3...
NRF Reiterates Call for Congressional Action to Avoid Rail Strike
The National Retail Federation (NRF) has issued the following statement from president and CEO Matthew Shay following the White House’s call for immediate congressional...