Less than 20% of consumers plan to shop on Black Friday, with most of them starting their holiday shopping earlier. This change marks a significant
This holiday season is going to mean big business for brands and retailers that offer gift subscriptions. According to a new study conducted by subscription
Even in the face of economic pressures, consumers are leaning into experiences and prioritizing essential goods now more than ever. A new Mastercard study on
The 2022 Halloween festivities are expected to be celebrated in full fanfare, with 69% of consumers planning to celebrate the holiday this year — up
Consumer spending during the 2022 holiday season is projected to rise by 7.1%, according to Mastercard’s latest SpendingPulse data shows. Mastercard predicts that consumers will
The floods in Pakistan are likely to result in a global shortage of raw cotton as an estimated 40% to 45% of the crops in
The U.S. gross domestic product (GDP) fell by 0.9% in Q2, marking the second consecutive quarter the economy has declined. The downturn came as skyrocketing
The U.S. footwear industry is scaling back hiring and investment in anticipation of a slowdown in sales. According to a Footwear Distributors & Retailers of
Fears of an incoming recession and skyrocketing inflation are impacting consumer spending. Still, those with deep pockets are splurging on luxury products like there is
Metaverse could be valued at $5 trillion by 2030, with a market impact of $2 trillion to $2.6 trillion in the eCommerce space, according to
