Consumer Spending

Best Buy Eliminates Hundreds of In-Store Consultant Roles
Best Buy Eliminates Hundreds of In-Store Consultant Roles
April 14, 2023  |  Retail

Best Buy has reportedly eliminated hundreds of roles in its brick-and-mortar stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Retail Sales Data: Consumers Reconsider Their ‘Essential’ Purchases
Retail Sales Data: Consumers Reconsider Their ‘Essential’ Purchases
April 14, 2023  |  Retail

In retail, get ready for the “big reconsideration.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Consumer Sentiment Inches Up in March, Driven by Low-Income Consumers
Consumer Sentiment Inches Up in March, Driven by Low-Income Consumers
April 14, 2023  |  Consumer Insights

Consumers are feeling slightly better about the economy but are uncertain about inflation. Get the Full Story Complete the form to unlock this article and...

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JPMorgan: Consumers Continue to Spend, but ‘Storm Clouds’ Loom 
JPMorgan: Consumers Continue to Spend, but ‘Storm Clouds’ Loom 
April 14, 2023  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Walmart Acknowledges to Investors SNAP Cuts Affecting Bottom Line
Walmart Acknowledges to Investors SNAP Cuts Affecting Bottom Line
April 14, 2023  |  Retail

While SNAP subsidy cuts will impact its bottom line, Walmart expects much of the revenue loss to return through other tender types. Get the Full...

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Restaurant Inflation Finally Outpaces Grocery, Exacerbating Consumers’ Dining Anxieties
Restaurant Inflation Finally Outpaces Grocery, Exacerbating Consumers’ Dining Anxieties
April 13, 2023  |  Economy

Restaurant inflation is finally higher than grocery, which could worsen eateries’ existing challenges with customers. Get the Full Story Complete the form to unlock this...

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Bank of America Sees Slowing Credit and Debit Card Spend
Bank of America Sees Slowing Credit and Debit Card Spend
April 12, 2023  |  Economy

Household credit and debit card spending increased 0.1% in March compared to a year earlier. Get the Full Story Complete the form to unlock this...

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As the Subscription Bubble Bursts, Experts Advise Fast Pivot to Retention Strategies
As the Subscription Bubble Bursts, Experts Advise Fast Pivot to Retention Strategies
April 12, 2023  |  Subscriptions

The subscription bubble that formed during the pandemic is bursting in slow motion as consumers continue trimming their streaming entertainment and retail subscriptions one by...

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Millennials Shift to Grocery to Avoid Tipping Pressure at Restaurants
Millennials Shift to Grocery to Avoid Tipping Pressure at Restaurants
April 12, 2023  |  Consumer Insights

PYMNTS data finds millennials may tip more than other diners, but it’s hurting their loyalty. Get the Full Story Complete the form to unlock this...

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