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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...
Rising interest rates mean increased borrowing costs. For potential homebuyers, this translates to decreased purchasing power, effectively putting the brakes on their homeownership aspirations. The result? A growing cohort of cautious consumers adopting a wait and see approach to the real estate market. The demand...
Entertainment-focused payment platform Paysafe posted second-quarter earnings on Tuesday (Aug. 15), driven by its Merchant Solutions segment and growth from eCommerce led by the iGaming industry in North America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Indonesian tech giant GoTo Group slashed its losses by more than half. 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...
Earnings season is ending, but there remains a final wave of reports from retail behemoths to be parsed. 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...