Finance Archives - Page 2 of 3 - Bloomberg Second Measure

Wise captures growing share of money transfers from U.S. consumers

Wise, formerly known as TransferWise, has accounted for a growing share of the money exchanged by U.S. consumers using international money transfer services, overtaking more established competitors like Xoom and Western Union.

Janine Perri — 02 Nov 2021

Macy’s earnings surprise signals consumers’ return to retail

As retailers see increased traffic from shoppers returning to brick-and-mortar stores, department stores such as Macy’s are experiencing significant sales growth.

Janine Perri — 26 Aug 2021

COVID-19 Industry Tracker

U.S. consumer spending has been altered by the coronavirus pandemic. By analyzing industry-level data, consumer spending trends can provide insight into which sectors of the economy are recovering fastest.

Liyin Yeo — 22 Jul 2021

TurboTax supercharges its market share during 2021 tax season

Due to the COVID-19 pandemic, the federal income tax deadline for individuals was extended for the past two years. TurboTax continues to lead the tax prep industry and has steadily gained market share from its competitors over the past three tax seasons.

Janine Perri — 17 Jun 2021

Ulta’s Q1 performance signals increase in beauty spend

Increasing vaccination rates and loosening policies in regards to large gatherings and mask-wearing have re-ignited consumers’ interest in beauty products. One of the main beneficiaries of this phenomenon is Ulta Beauty, whose Q1 2021 earnings outperformed investors’ expectations.

Janine Perri — 03 Jun 2021

Robinhood’s band of investors grows during COVID-19 era

Consumer deposits for retail brokerages have grown significantly over the past few years, with growth accelerating during the pandemic.

Alex Hsu — 26 Apr 2021