May Day Holiday Signals Mixed Results for Chinese Consumer Trends Chinese Consumer Confidence Tested Amid Growing Travel and SpendingThe recent May Day holiday has emerged as a significant indicator of consumer sentiment in China, showcasing a blend of heightened travel activity and modest spending. The five-day celebration, traditionally a peak time for family trips, witnessed…
Thanksgiving online spending hit $6.1 billion, driven in part by mobile device purchases. More shoppers are using buy now, pay later, with $993 million in sales using the method expected Cyber Monday. About 80% of those purchases were made on a phone. This year, more shoppers than ever are using buy now, pay later options…
Americans are not holding back on holiday spending this year – but they are taking a more deliberate approach to the purchases they make, according to new research. Conducted by Talker Research on behalf of Affirm, the study of 2,000 Americans who celebrate a winter holiday, revealed the growing trend of “slow shopping,” with nearly…