The CE 100 Index soared in 2023, largely on the wings of widespread rallies among banking and buy now, pay later (BNPL) names, up double digit and, in some cases, triple digit percentage points. The key themes? Consumer spending has remained resilient. Interest rates have...
With the rise of connected devices making it possible to do more at any given moment, 2023 saw consumers multitasking more than ever. A PYMNTS Intelligence survey of more than 4,600 U.S. consumers revealed that people spend 26% of their time, on average, multitasking during...
Throughout 2023, grocers stepped up their contextual commerce initiatives, not only expanding shoppable recipe content but also reaching new devices and digital platforms. Take, for instance, Kroger, which at the end of the year began targeting consumers’ connected kitchens. Earlier this month, GE Appliances announced...
The adoption of connected devices, including smartphones, smart TVs and voice-controlled assistants, surged in 2023, indicating an increasing reliance on technology to streamline everyday activities. From doing household chores and caring for others to shopping and eating, PYMNTS Intelligence draws insights from a survey of over 4,600...
There’s been a significant increase in digital engagement across all age groups and income brackets over the past year, PYMNTS Intelligence has found, with the share of consumers engaging in daily digital activities jumping 6.5% compared to the previous year. Digital engagement is defined as...
Internet and mobile phones came into their lives as adults. They shop online less than their millennials and Generation X, and they use social media much less than Generation Z and for fewer activities. However, baby boomers and seniors, who were born before...
In today’s fast-paced world, consumers are increasingly relying on various apps to meet their daily shopping and financial needs. However, the abundance of apps can be overwhelming and time-consuming. To address this issue, the concept of an everyday app has emerged as a consolidated solution...
AT&T will buy Rivian electric vehicles (EVs) and add those vehicles to its fleet in early 2024. In addition, AT&T was named the exclusive connectivity provider for all Rivian vehicles in the United States and Canada, the companies said in a Thursday (Dec. 14) press...
There are just a few weeks left to complete a volatile year, and the CE 100 Index continues to inch up, notching gains that have overtaken most benchmarks. To that end, the CE 100 Index gained 0.8% this past week, bringing its year-to-date gains to...