Consumer Insights

Consumer Insights
Meat May Be on Chopping Block as Consumers Continue Cost-Cutting
June 12, 2023

Consumers may be reaching their affordability ceiling when it comes to products such as ham. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Consumer Insights
Customers Still Tip for Restaurant Meals — or Don’t Eat Out at All
June 06, 2023

Consumers may be pressured to reduce tips in this tight economic environment, but data shows they overwhelmingly do not skip tipping, regardless of age, income or financial lifestyle. This is especially true at table-service restaurants, as noted in the PYMNTS report “Connected Dining: Inflationary Pressure...

Consumer Insights
High-Income Grocery Shoppers Turn to Prepared Meals for Convenience
June 05, 2023

As consumers’ willingness to devote time in their day-to-day routines to home cooking declines, those with the money to spare for convenience are increasingly turning toward prepared meals to offer a quick, simple solution. Get the Full Story Complete the form to unlock this article...

Consumer Insights
Consumption Becomes Controversial as One-Third of Consumers Won’t Quit Pricey Purchases
June 04, 2023

Affording luxury has taken on a new meaning, as many consumers have cut out all but the essentials.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Consumer Insights
Millennials Turn to BNPL for Grocery Purchases
June 01, 2023

It may seem surprising that consumers are paying for their milk in installments, but PYMNTS research reveals that grocery is actually one of the most common types of buy now, pay later (BNPL) purchases, especially for millennials. Get the Full Story Complete the form to...

Consumer Insights
Report: Whether a Consumer Lives Paycheck to Paycheck Depends on Where They Live
June 01, 2023

Things are tough all over, and six-figure earners are not immune, as prices for fundamentals like food, housing and transportation are causing more high earners to face paycheck-to-paycheck living realities that are compounded by where they choose to live.   Get the Full Story Complete...

Consumer Insights
Grocery Shoppers Are More Loyal to Merchants Than to Products
May 31, 2023

As consumers adjust their spending in response to grocery inflation, shoppers are challenged to make difficult decisions about their food spending. Yet, fewer than half of all consumers are willing to trade down from their favorite merchants. Get the Full Story Complete the form to...

Consumer Insights
Grocery Shoppers Pinch Pennies on CPG While Splurging on Perishables
May 30, 2023

As grocery shoppers look to manage their spending in the face of high inflation, many are turning to less expensive merchants for high-trust items like consumer packaged goods (CPG), but consumers are less willing to make compromises on fresh, perishable foods. Get the Full Story...

Consumer Insights
China Enjoys ‘Incremental Rebound’ in Consumer Spending
May 28, 2023

Consumer spending in China is slowly but surely recovering from COVID. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...