Consumer Spending

Retail Sales Data Shows Consumers Remain Undaunted by Inflation

Retail Sales Data Shows Consumers Remain Undaunted by Inflation
Retail Sales Data Shows Consumers Remain Undaunted by Inflation
June 15, 2023  |  Economy

The latest retail sales data brings to mind that old 1960s mantra: Keep on truckin’. Get the Full Story Complete the form to unlock this...

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New Data Shows Why 48% of Retail Subscription Customers May Not Be Worth Retaining
New Data Shows Why 48% of Retail Subscription Customers May Not Be Worth Retaining
June 14, 2023  |  Subscriptions

The retail subscription sector is feeling the pain of financially tapped-out consumers or those simply disenchanted with the workings of subscription plans, making retention strategies...

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Study Finds 30% of Subscribers Account for Nearly 80% of Subscription Merchant Revenue
Study Finds 30% of Subscribers Account for Nearly 80% of Subscription Merchant Revenue
June 14, 2023  |  Subscriptions

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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JPMorgan Chase’s Consumer Deposits ‘Slightly Down’ Over Banking Crisis and Rates
JPMorgan Chase’s Consumer Deposits ‘Slightly Down’ Over Banking Crisis and Rates
June 13, 2023  |  Banking

The banking industry is facing several challenges concerning consumer deposits, according to Jennifer Piepszak, co-CEO of JPMorgan Chase’s consumer and community banking unit.  Get the Full...

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Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
June 13, 2023  |  Retail

It has been another rough quarter for nearly all merchants and retailers, but especially for businesses whose main sales center around nonessential items. Get the...

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Consumers’ Wallets Get Break With Lower Egg Prices
Consumers’ Wallets Get Break With Lower Egg Prices
June 13, 2023  |  Consumer Payments

Eggs have been a major driver of grocery inflation’s persistence, with average prices in recent months rising more than 21% year over year, per the Bureau of...

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Eurozone Recession May Hint at What’s to Come for US
Eurozone Recession May Hint at What’s to Come for US
June 13, 2023  |  Economy

Slowed consumer spending led to a recession for the eurozone, stoking speculation of a global pullback. Get the Full Story Complete the form to unlock...

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Jobs Numbers Paint Mixed Picture of US Economic Health
Jobs Numbers Paint Mixed Picture of US Economic Health
June 12, 2023  |  Economy

A strong labor market may be softening, confirming consumer hesitancy in returning to previous spending patterns.  Get the Full Story Complete the form to unlock...

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