Tag: American consumers

News & Trends

Retailers are leaving almost half of American consumers without an option to buy

May 10, 2021

Via: Retail Dive

Almost half of U.S. consumers don’t have a credit score or have a credit score under 700, and according to a survey by the Federal Reserve, 30% need financing in order to make an unexpected purchase of $400 or more. […]

Customer Experience, News & Trends, Point of Purchase

COVID Vaccines Won’t Cure Retail Woes

February 12, 2021

Via: Forbes

The retail industry is grappling with how best to utilize the COVID vaccine in order for business to return to “normal.” But with the pace of store closures quickening this year, it is highly unlikely that a COVID vaccine will […]

News & Trends

Holiday Retail 2020 Hangs By A Thread, As Consumers Will Cut Spending 7%, According To Deloitte

October 20, 2020

Via: Forbes

By this time each year, the National Retail Federation (NRF) would be out with its holiday retail forecast. But 2020 has been a year like no other, so NRF begged off making their prediction until November. Comparing the forecasting process […]

Others, Tech

Voice-enabled purchasing on the rise

October 24, 2019

Via: Retail Dive

The report suggests that voice-activated and voice-enabled devices will play a growing role in e-commerce. Last year, an eMarketer report predicted that voice commerce through smart speakers would reach $2.1 billion in 2018, and 74.2 million U.S. consumers were expected […]