Consumer Spending

Merchants Leverage Split-Pay Plans to Drive Spending With High-Income Shoppers

Merchants Leverage Split-Pay Plans to Drive Spending With High-Income Shoppers
Merchants Leverage Split-Pay Plans to Drive Spending With High-Income Shoppers
March 20, 2024  |  Consumer Insights

As brands and retailers look for ways to win the spending of their highest-value customers, PYMNTS Intelligence research found that installment plans linked to bank-issued...

READ MORE >
Consumers Demand More Guidance From Jewelers Amid Budgetary Pressures
Consumers Demand More Guidance From Jewelers Amid Budgetary Pressures
March 20, 2024  |  Retail

As financial pressures prompt consumers to make difficult decisions about what they can afford when it comes to luxuries such as diamonds, Signet Jewelers is seeing increased...

READ MORE >
Receipt Data May Be Key to More Efficient Customer Experiences
Receipt Data May Be Key to More Efficient Customer Experiences
March 19, 2024  |  Retail

Businesses looking to keep consumers coming back by offering the most efficient customer experience may want to look to receipt data, at least if financial...

READ MORE >
Amazon Looks to Bring Deal Days Boost to Q1 With Spring Sale
Amazon Looks to Bring Deal Days Boost to Q1 With Spring Sale
March 19, 2024  |  Retail

With the wild success of its summer and fall Prime Day events, Amazon is looking to bring in a similar boost in the spring. Get...

READ MORE >
Shell Divesting 1,000 Retail Locations as Convenience Stores Take a Hit
Shell Divesting 1,000 Retail Locations as Convenience Stores Take a Hit
March 19, 2024  |  Retail

Shell is offloading retail locations in a shift to B2B, as across the convenience retail industry, key players are feeling the impacts of ongoing economic...

READ MORE >
Nordstrom Mulls New Privatization Bid as Department Stores Struggle
Nordstrom Mulls New Privatization Bid as Department Stores Struggle
March 19, 2024  |  Retail

Nordstrom’s founding family is reportedly mounting another effort to take the retailer private. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Johnnie-O CEO: Personalized D2C Messaging Drives Customer Retention
Johnnie-O CEO: Personalized D2C Messaging Drives Customer Retention
March 19, 2024  |  Retail

As direct-to-consumer (D2C) brands look to drive long-term loyalty in the crowded, highly competitive category, johnnie-O is seeing personalized communications keep shoppers engaged over the long term....

READ MORE >
As Shoppers Cut Back, Retailers Focus on Big Spenders
As Shoppers Cut Back, Retailers Focus on Big Spenders
March 18, 2024  |  Retail

With economic pressures squeezing the lower and middle classes’ budgets, brands and retailers are setting their sights on the shoppers who still have cash to...

READ MORE >
Inflation Puts Consumers on Alert for Discounts
Inflation Puts Consumers on Alert for Discounts
March 18, 2024  |  Consumer Insights

Consumers closed 2023 by increasing their spending — nearly 7% more over what they spent the previous year, according to PYMNTS intelligence data — indicating...

READ MORE >