Consumer Spending

Millennials Are Home Improvement Retailers’ Best Customers

Millennials Are Home Improvement Retailers’ Best Customers
Millennials Are Home Improvement Retailers’ Best Customers
May 06, 2024  |  Retail

When it comes to home improvement retail, millennials are taking the lead, PYMNTS Intelligence research reveals. Get the Full Story Complete the form to unlock...

READ MORE >
Five Ways Consumers Are Pumping the Brakes on Spending
Five Ways Consumers Are Pumping the Brakes on Spending
May 06, 2024  |  Consumer Insights

We may be witnessing the beginnings of a great pullback in consumer spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Sam Ash Closes Stores as Musicians Turn to Amazon
Sam Ash Closes Stores as Musicians Turn to Amazon
May 06, 2024  |  Retail

As Amazon gains share in hobby retail categories, specialty retailers such as Sam Ash are taking a hit. The music retailer announced Thursday (May 2) that it is closing all its...

READ MORE >
Starbucks Ex-CEO Urges Leaders to Return to Stores
Starbucks Ex-CEO Urges Leaders to Return to Stores
May 06, 2024  |  ResTech

Starbucks’ former CEO said the chain’s leaders need to spend more time at its stores. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Are Consumers ‘Done With Fast Food’ as Prices Climb?
Are Consumers ‘Done With Fast Food’ as Prices Climb?
May 05, 2024  |  ResTech

Denis Montenaro, a regular McDonald’s diner, recently came to a decision. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
Fed Study: Banks Examine Credit Use When Considering Limit Increases
Fed Study: Banks Examine Credit Use When Considering Limit Increases
May 03, 2024  |  Banking

A new study from the Federal Reserve indicates that it’s not income levels or ability to repay that drives banks’ willingness to extend credit. Get...

READ MORE >
Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
May 03, 2024  |  Retail

As Amazon looks to close the gap with Walmart in grocery, both retail giants are seeing the opportunity to win over shoppers with their private-label brands. Get the Full Story Complete...

READ MORE >
Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 
Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 
May 02, 2024  |  Economy

This week, the Federal Reserve announced it will keep its benchmark interest rate in the same 5.25%–5.50% holding pattern that it has occupied since last...

READ MORE >