US e-commerce sales during the pandemic increased by more than 30%
US e-commerce sales during the pandemic increased by more than 30%, according to quarterly figures from the US Department of Commerce.
The increase in US...
Online grocery sales in Middle East increased during the pandemic
Online grocery sales in Middle East increased during the coronavirus pandemic, and the trend may stay, according to a retail executive.
Supermarket operator Carrefour’s online...
US consumer spending increases amid resurgence in Covid-19 cases
US consumer spending has increased in June amid resurgence in Covid-19 cases. Consumers spend on healthcare, dining out, and hotels.
For a second straight month...
US consumer confidence rose more than expected in June 2020
US consumer confidence rose more than expected in June 2020 as stay-at-home and quarantine restrictions loosen, according to data published Tuesday.
The Conference Board’s US...
Pending home sales increased by 44.3% in May as homebuyers reemerge
Pending home sales increased by 44.3% in May as homebuyers reemerge and return to the market, according to the National Association of Realtors.
This is...
New report: 30% of Americans missed their housing loan payments
A new survey revealed that 30% of Americans missed their housing loan payments as the country grapples with unemployment and economic damages brought by...
Real estate updates: Sales of newly built homes increased by 13%
Real estate updates during the coronavirus crisis appear promising with the 13% increase in sales of newly built homes, according to the US Census.
The...
Shoppers wary of products shipped from abroad -- survey
Shoppers are wary of products shipped from abroad due to the coronavirus crisis, according to a new survey of 45,000 people around the world.
Consumer...
Luxury brands reported increased demand from Chinese shoppers
Luxury brands see high demand from Chinese shoppers in spring. As China lifts lockdowns, people resort to a trend called "revenge spending."
Revenge spending refers...
Online shopping in Southeast Asia will continue to grow --analysts
Online shopping in Southeast Asia will continue to grow, even after the coronavirus pandemic ends, according to analysts.
The rise of online shopping in Southeast...
