Consumer Spending

High-Debt Consumers Average 14 Late Payments Every Year

High-Debt Consumers Average 14 Late Payments Every Year
High-Debt Consumers Average 14 Late Payments Every Year
October 06, 2023  |  Debt

The United States economy’s heavy reliance on domestic consumption has become more relevant than ever, with consumer credit card debt breaking the $1 trillion mark...

READ MORE >
Student Loan Stocks Drop Ahead of Restart of Payments
Student Loan Stocks Drop Ahead of Restart of Payments
October 05, 2023  |  Consumer Finance

Stocks of companies related to student loans have experienced a drop in value ahead of the restart of student loan payments after a three-year pause...

READ MORE >
Constellation Brands: Budget-Strapped Consumers Are Buying Less Alcohol, More Often
Constellation Brands: Budget-Strapped Consumers Are Buying Less Alcohol, More Often
October 05, 2023  |  Earnings

As consumers deal with inflation and other economic challenges, Constellation Brands is seeing shoppers make more frequent alcohol purchases but buying less per trip. Get...

READ MORE >
Nike Sees Strong D2C Sales Despite Consumers’ Discretionary Spending Pressures
Nike Sees Strong D2C Sales Despite Consumers’ Discretionary Spending Pressures
October 04, 2023  |  eCommerce

The continued buildout of Nike’s digital channels and direct-to-consumer (D2C) sales, as well as the brand’s inextricable ties to an ecosystem, are helping buck pressures...

READ MORE >
McCormick CEO: Grocery Shoppers Want Value Without Sacrificing Brand Names
McCormick CEO: Grocery Shoppers Want Value Without Sacrificing Brand Names
October 04, 2023  |  Earnings

Even as consumers seek out low-cost options, they choose brand names when given a budget-friendly choice, according to McCormick. Get the Full Story Complete the...

READ MORE >
BNPL May Help Consumers Avoid Trading Down, Trading Off on Everyday Essentials
BNPL May Help Consumers Avoid Trading Down, Trading Off on Everyday Essentials
October 03, 2023  |  BNPL

Buy now, pay later (BNPL) may be the payment “lifeline” that keeps consumers from trading down on everyday essentials — and may in fact them...

READ MORE >
The Great Connected Consumer Paradox
The Great Connected Consumer Paradox
October 03, 2023  |  Connected Economy

It has been reported that by 2010, cable television in the U.S. had sort of hit its stride. Analysts report that 90% of homes with...

READ MORE >
Loyal Subscribers Account for Nearly 80% of Subscription Merchant Revenue
Loyal Subscribers Account for Nearly 80% of Subscription Merchant Revenue
October 03, 2023  |  Subscriptions

In the highly competitive world of retail subscription commerce, winning over loyal customers is crucial for providers to secure a lion’s share of revenue. Get...

READ MORE >