Grocery shoppers’ price anxieties remain as they expect another year of inflation, PYMNTS data suggests. The Context Grocers have been doing everything in their power to mitigate consumers’ price concerns, leveraging data to offer targeted deals and discounts, but many shoppers are still cutting back,...
Nearly half of U.S. consumers say they shifted to brands and stores that offered steeper discounts than their usual retail and grocery haunts in the last year. Half of consumers also say that finding a better deal is now the most important criterion for deciding...
Consumers may enjoy eCommerce convenience, but PYMNTS research shows most stick to brick-and-mortar for perishables. For PYMNTS’ study “Changes in Grocery Shopping Habits and Perception,” we surveyed more than 2,400 U.S. consumers in December to understand how their grocery purchasing habits are evolving and the...
As food prices remain elevated, PYMNTS research shows fast food fans are switching to pickup. The Context Quick-service restaurants (QSRs) are seeing their customers opt more for these channels and cut back on delivery in the face of rising price concerns. Domino’s Pizza’s, for instance,...
PYMNTS research finds grocery inflation is felt most acutely by those who already struggle financially. The Context Inflation is affecting grocery shoppers of all income brackets and financial lifestyles. For instance, the United States’ largest grocer, Walmart, shared Tuesday (Feb. 21) on its fourth-quarter earnings...
America’s hoteliers are projecting a busy year despite rising prices for travel and dining. That’s according to a Sunday (Feb. 19) report by The Wall Street Journal, citing recent comments from hotel chain executives. “It is abundantly clear that people love to travel,” Marriott CEO...
We’re going online, more often, to buy the electronic gadgets that keep us online. As noted in our most report on digital commerce, “The Ascent of Digital Wallets,” consumers’ “share” of eCommerce sales across segments saw some of the biggest gains in electronics: 32.1% electronics...
PYMNTS research reveals that consumers turn to restaurants more for everyday meals than pricey indulgences. The Context In recent years, and especially since the start of the pandemic, consumers’ rising demand for convenience has had many turning to restaurants to get premade meals on a...
PYMNTS research reveals that restaurants’ moves to absorb food price increases are escaping diners’ notice. Amid inflation, restaurants have been keeping price increases low relative to their grocery counterparts. Research from the United States Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) releasedTuesday (Feb....