Pet health and wellness company Petco announced second-quarter 2023 earnings results on Thursday (Aug. 24), showcasing strong top line results and free cash flow despite navigating a shift in consumer spending and pressures on its discretionary business. Get the Full Story Complete the form to unlock this article and...
Shoppers are exercising increased prudence in terms of nonessential expenditures. This trend is a hot topic within the retail sector, from everyday grocery shopping to high-end luxury purchases. However, if the nonessential product you offer aligns with consumer priorities, you’re in a favorable position. This...
Consumers are cautious these days about their spending. 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 this form, you...
Membership chains such as BJ’s Wholesale Club are seeing the gains they made at the highest points of grocery inflation hold strong, even as price increases moderate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
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 this form, you agree to receive marketing communications from PYMNTS and...
As prices rise, consumers have found themselves grappling with the dilemma of spending in the face of uncertainty. This has led to a shift in shopping patterns, particularly in favor of off-price retailers offering discounted luxury items and home goods. Get the Full Story Complete...
Although inflation has improved, worries about prices continue to trouble 82% of consumers. The remaining 18%, however, might be playing a role in the increase in luxury spending seen at Harrods. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Adyen’s decision to boost its staff continues to cut into the Dutch payment company’s revenues. 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,...
For payments services provider dLocal, Brazil represents the past and the future. 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...
