Industry News

holiday

Black Friday and Cyber Monday are Not Critical for Most Holiday Shoppers

A new survey from Basis Technologies found that 54% of holiday shoppers don’t view Black Friday and Cyber Monday as essential for their needs....
small business

Small Business Sales Slow as Consumers Pull Back

Fiserv, Inc. just published the Fiserv Small Business Index for June 2024, which found that on a year-over-year basis, both small business sales (+1.6%)...
marketing

Digital Platforms and IARD Enhance Online Marketing for Alcohol

In response to an initiative from alcohol advertisers, leading digital platforms Meta, TikTok, Snap, X, Pinterest and YouTube are taking robust steps to strengthen...
spaving

Spaving: The New Consumer Trend

Despite a slight ease of inflation in April, the consumer price index remained elevated, showing a 3.4% increase compared to the previous year. Nevertheless,...
retail

Retail Sales Data for May Shows a Reasonably Healthy Consumer

Data released by the U.S. Census Bureau last week shows retail sales grew again in May and helped drive a still-expanding economy, National Retail...
gift card

Men Emerge as Primary Gift Card Purchasers in the U.S.

New research from Blackhawk Network (BHN) reveals shifting gift card and gifting preferences among U.S. consumers. Among the most notable shifts found in the research: men...
toy

U.S. Toy Industry Shows a Softening Decline in 2024

U.S. toy retail sales performance results for January through April 2024 showed that toy industry dollar sales declined by 1% through April versus the...
ebay

eBay to Stop Accepting Amex Due to High Swipe Fees

Online marketplace behemoth eBay told customers in an email that it plans to no longer accept American Express, citing “unacceptably high fees” and that customers have other...
consumers

Consumers Prefer Product Information on Retailers’ Own Channels

When making online buying decisions, U.S. consumers now place more value on product information delivered on retailers’ owned channels, compared to third-party channels, such...
consumers

Consumers Remain ‘Willing to Spend’ Even as Growth Slows

Shoppers are still willing to buy even as smaller job and wage gains and high interest rates are slowing the growth of consumer spending,...