As consumers continue to feel economic pressures constrain their budgets, ThredUp sees shoppers pull back on buying clothes — even lower-cost secondhand ones. On a call with analysts discussing its first-quarter 2024 earnings results, the…
We may be witnessing the beginnings of a great pullback in consumer spending. At least in some areas. As paycheck-to-paycheck living remains a reality for most U.S. consumers, the strategies are multipronged: trading down, trading off, or…
The Consumer Financial Protection Bureau's overdraft proposal would set fees at $14. With fee income under attack from many sides, bankers say they would have to further restrict credit.
Advocates rallied outside of Chicago City Hall in October 2023 calling for the Illinois Commerce Commission to cut proposed rate hikes from the state’s four largest gas utilities.
Embedded lending tools enable potential borrowers to apply for credit directly from the merchant or provider’s platform — often while paying for a product or a service. For instance, while finalizing a purchase, a shopper can be prompted…
There is a direct relationship between the time US consumers spend with an electric vehicle (EV) and their desire to purchase one. On the other hand, over one-third of US consumers haven’t had the chance to get up-front-and-personal with…
Encouraging and supporting your employees in their personal branding efforts is not just a strategy for individual growth, but it's also a forward-thinking business approach to elevate your company in a competitive market.
Twenty years ago, declaring one’s fondness for mushroom-infused coffee might have gotten you some stares. Now, it’s a far more normal occurrence, with the combination of the two rapidly growing in popularity. It’s in keeping with a growing…
Prochain Capital President David Tawil said popular brands are feeling the effects of consumers shifting away from high costs, echoing a Wall Street Journal report.
As commerce and entertainment become increasingly intertwined, high-intent consumers are still turning to brands’ and retailers’ websites to get their shoppable content. While commerce-integrated content such as shoppable livestreams have…
President of Mysuru District Consumer Disputes Redressal Commission K.A. Naveena Kumari share this information while delivering a talk on providing solutions to consumer woes at Maharaja’s College in Mysuru on May 6
Big national retailers will capture all the financial benefits from proposed reductions in swipe fees, while consumers will be left with fewer benefits programs and less secure transactions.