Consumer Spending

Merchants Can Reach Connected Consumers with Shoppable Content

Merchants Can Reach Connected Consumers with Shoppable Content
Merchants Can Reach Connected Consumers with Shoppable Content
May 07, 2023  |  Connected Economy

Influenced by the current inflationary cycle, consumers moderate their in-store and online spending for all but the essentials. They have shifted away from transactional activities. Their digital...

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Why Diapers Tell The Story of the Consumer’s Inflation Sentiment 
Why Diapers Tell The Story of the Consumer’s Inflation Sentiment 
May 07, 2023  |  Consumer Finance

Did it all start with diapers? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Revolving Debt Soars in Ominous Sign for Paycheck-to-Paycheck Consumers 
Revolving Debt Soars in Ominous Sign for Paycheck-to-Paycheck Consumers 
May 07, 2023  |  Connected Economy

Credit card balances are rising as revolving debt surges at double-digit rates. Get the Full Story Complete the form to unlock this article and enjoy...

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Hy-Vee Launches Subscriptions as Grocers Rethink Pricing
Hy-Vee Launches Subscriptions as Grocers Rethink Pricing
May 05, 2023  |  Subscriptions

This week in grocery, Hy-Vee taps subscription commerce, Sprouts launches a retail media network, and Giant Eagle aims to hold its own against competition from...

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Used Car Prices Drop as Consumers Pull Back on Spending
Used Car Prices Drop as Consumers Pull Back on Spending
May 05, 2023  |  Economy

Used car prices dropped in April, marking the first month-over-month decline seen this year. Get the Full Story Complete the form to unlock this article...

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40% of Retail Shoppers Have Switched to Cheaper Merchants to Save Money, Study Finds
40% of Retail Shoppers Have Switched to Cheaper Merchants to Save Money, Study Finds
May 05, 2023  |  Retail

Inflation has caused competition in retail and grocery to intensify as businesses fight for a smaller and smaller piece of the revenue pie. More than...

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Half of Millennials Use Dating Apps Every Day
Half of Millennials Use Dating Apps Every Day
May 04, 2023  |  Connected Economy

Dating apps have never been more popular, with more than 60 million downloads last year in the United States. PYMNTS’ research finds that their use has risen 7%...

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Kellogg and Kraft Heinz Use New Data Capabilities to Compete With Private-Label Brands
Kellogg and Kraft Heinz Use New Data Capabilities to Compete With Private-Label Brands
May 04, 2023  |  Earnings

As major food brands face increased competition from private-label and discount products, they are leveraging consumer data to get highly targeted in their marketing, maintaining...

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Latest Fed Hike May Stymie Retailers’ Efforts to Clear Inventories
Latest Fed Hike May Stymie Retailers’ Efforts to Clear Inventories
May 03, 2023  |  Retail

We’ve reached a milestone with interest rates — and by extension, retailers may find it tougher to sell their inventories. Get the Full Story Complete...

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