Tag : Barclaycard
Consumer spending takes a hit ahead of ChristmasSubscription
Consumers held back on spending in November, with clothing sales down by 3.3% year on year and department store sales down by a “sharp” 5.9%.
Low consumer spending to hit Christmas tradingSubscription
Retailers have been warned that trading could be slower this Christmas, as less than half of consumers (47%) are confident they will be able to spend as much as normal.
Clothing consumer spend slumps Subscription
Consumer spend on clothing dropped 3.9% for the month of September as shoppers continued to prioritise experiences, new data from Barclaycard has shown.
Consumer spending hit by ‘muted’ growth Subscription
UK shoppers continued to hold back on retail spend last month, as dwindling consumer confidence led department store spend to fall by 3.9% year on year.
Brexit worries tie consumer purse strings Subscription
Consumer spending dropped to 1.2% in February, from 3.8% in February 2018, as ongoing Brexit uncertainty caused Britons to cut back, new figures have shown.
Spend on clothing dips in JanuarySubscription
Spend on clothing fell by 0.9% year on year in January, according to data from Barclaycard – the fourth consecutive month of decline.
Barclaycard is developing a mobile phone-based system that would allow customers to pay for products simply using the camera on their smartphone, in a move heralding a further shift away from cash-based retail.
The number of contactless transactions made by Barclaycard customers more than trebled in 2015, thanks in part to the rise in the maximum spend on contactless cards to £30 in September.