Consumer Spending

Where Will Parents Spend This Back-to-School? Amazon, Walmart Push Frugality 

Where Will Parents Spend This Back-to-School? Amazon, Walmart Push Frugality 
Where Will Parents Spend This Back-to-School? Amazon, Walmart Push Frugality 
July 19, 2023  |  Retail

Anticipated back-to-school (BTS) shopping expenses are expected to reach $41.5 billion, exceeding the previous record of $37.1 billion set in 2021 and the $36.9 billion...

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Why a VIP Membership at Luxury Department Store Harrods Will Cost Shoppers $21,000
Why a VIP Membership at Luxury Department Store Harrods Will Cost Shoppers $21,000
July 19, 2023  |  Retail

While Richmont has essentially declared that China isn’t buying, prestigious London department store Harrods is preparing to unveil an exclusive club in Shanghai. This step not...

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As Retail Sales Miss Expectations, Is a Summer Slowdown in Sight?
As Retail Sales Miss Expectations, Is a Summer Slowdown in Sight?
July 18, 2023  |  Economy

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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Lower Prices Win Greater Loyalty From Today’s Fickle Consumer
Lower Prices Win Greater Loyalty From Today’s Fickle Consumer
July 17, 2023  |  Consumer Insights

Maybe it’s hard for parents to pick favorites, but for consumers it’s easy. Get the Full Story Complete the form to unlock this article and...

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Bank Earnings Paint Picture of Resilient Consumers
Bank Earnings Paint Picture of Resilient Consumers
July 14, 2023  |  Banking

Data tells a tale just as much as management commentary on analyst calls during earnings season. Get the Full Story Complete the form to unlock...

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JPMorgan: Consumers ‘Want Rather Than Need’ Credit as Card Sales Volumes Up 8%
JPMorgan: Consumers ‘Want Rather Than Need’ Credit as Card Sales Volumes Up 8%
July 14, 2023  |  Earnings

JPMorgan’s most recent results underscore the continuance of recent trends — namely, the consumer continues to spend, and credit is a payment method strategically deployed...

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Report: Amazon Shoppers 20% More Likely to Know Site’s Digital Features Than Walmart
Report: Amazon Shoppers 20% More Likely to Know Site’s Digital Features Than Walmart
July 14, 2023  |  Retail

Walmart may be learning the hard way that having the most sought-after digital features barely matters if customers do not know they exist. Get the...

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High-Income Restaurant Customers Chafe at Tipping Expectations
High-Income Restaurant Customers Chafe at Tipping Expectations
July 13, 2023  |  Consumer Insights

As consumers look to manage their food spending amid inflation, big earners are, ironically, the most likely of all to skip restaurants. Get the Full...

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