Consumer Spending

Kraft Heinz Sales Dip as Shoppers Make ‘Smaller Trips’

Kraft Heinz Sales Dip as Shoppers Make ‘Smaller Trips’
Kraft Heinz Sales Dip as Shoppers Make ‘Smaller Trips’
February 14, 2024  |  Earnings

From dollar store shoppers to wealthier club store members, consumers are seeking value. Get the Full Story Complete the form to unlock this article and...

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Consumers Increasingly Trade Down to Less Expensive Retailers
Consumers Increasingly Trade Down to Less Expensive Retailers
February 14, 2024  |  Consumer Insights

While many of consumers’ cost-conscious behaviors in response to inflation are easing slightly, retail shoppers are increasingly switching to lower-cost stores. Get the Full Story...

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Retailers Expand Private-Label Push as Shoppers Continue to Trade Down
Retailers Expand Private-Label Push as Shoppers Continue to Trade Down
February 14, 2024  |  Retail

Retailers such as Target, Macy’s and Walgreens are taking a harder look at their private-label offerings, as PYMNTS Intelligence research shows that ongoing financial pressures...

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Sony Plans Financial Services IPO as PS5 Sales Cool
Sony Plans Financial Services IPO as PS5 Sales Cool
February 14, 2024  |  IPO

Electronics/entertainment giant Sony plans to take its financial services unit public next fall. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Hasbro’s Digital Push Not Enough to Offset Consumer Belt-Tightening on Nonessentials
Hasbro’s Digital Push Not Enough to Offset Consumer Belt-Tightening on Nonessentials
February 13, 2024  |  Retail

Hasbro may be seeing digital growth via its gaming business, but as consumers buy fewer nice-to-have products, the toys and games company continues to struggle....

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Inflation’s Still With Us as Food and Shelter Were Pricier in January 
Inflation’s Still With Us as Food and Shelter Were Pricier in January 
February 13, 2024  |  Economy

The latest data from the government on consumer prices indicates a bit of weary truth: Inflation’s settled in, seemingly for the long haul. Get the Full...

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Wish Sells at a Bargain as Consumers Seek More Reliable eCommerce
Wish Sells at a Bargain as Consumers Seek More Reliable eCommerce
February 13, 2024  |  eCommerce

Discount eCommerce company Wish has sold at a much lower price than might have been expected, a move that comes as eCommerce shoppers increasingly seek...

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Consumers Flock to BNPL to Pay for Clothing and Accessories
Consumers Flock to BNPL to Pay for Clothing and Accessories
February 13, 2024  |  Buy Now Pay Later

Consumers are especially inclined to use deferred payment plans to pay for apparel and accessories, PYMNTS Intelligence research reveals, be it buy now, pay later...

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Spending on Sporting Goods Drops, Both Online and In-Store
Spending on Sporting Goods Drops, Both Online and In-Store
February 12, 2024  |  Retail

Consumers reported spent 7.7% less on sporting goods in January than they did in the same month a year earlier. Get the Full Story Complete...

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