Consumer Spending

Consumers, Businesses Trim Spending on Phones as Economy Slows

Consumers, Businesses Trim Spending on Phones as Economy Slows
Consumers, Businesses Trim Spending on Phones as Economy Slows
April 20, 2023  |  Earnings

Consumers and businesses are trimming their spending on phones in response to the slowing economy. Get the Full Story Complete the form to unlock this...

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Consumers Spring for Big-Ticket Items When Nice-to-Haves Become Need-to-Haves
Consumers Spring for Big-Ticket Items When Nice-to-Haves Become Need-to-Haves
April 20, 2023  |  Consumer Payments

The sales of expensive everyday items are experiencing somewhat of a reprieve from the consumer slump other retail sectors are facing. Get the Full Story...

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UK Shoppers’ Use of Contactless Cards Spikes 94% YOY
UK Shoppers’ Use of Contactless Cards Spikes 94% YOY
April 20, 2023  |  Payment Methods

Contactless cards have long been at the center of the U.K.’s payments ecosystem, but now, digital wallets are quickly entering the mix. There is also...

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‘Boring’ Retail Could Be Silent Factor in Sales Decline
‘Boring’ Retail Could Be Silent Factor in Sales Decline
April 20, 2023  |  Retail

At this point, the lack of product selection amid an inflationary environment has a chicken-and-egg feel to it. As reported earlier this month by The...

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Millennials Now 30% of Amex Card Volume
Millennials Now 30% of Amex Card Volume
April 20, 2023  |  Credit Cards

Spending is resilient, but it’s slowing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Deliveroo’s Orders Drop by 7 Million as Consumers Cut Back
Deliveroo’s Orders Drop by 7 Million as Consumers Cut Back
April 20, 2023  |  Earnings

With rising price pressures worldwide, aggregators are seeing consumers cut back. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Fed’s Beige Book Points Toward Consumer Spending Slowdown
Fed’s Beige Book Points Toward Consumer Spending Slowdown
April 19, 2023  |  Consumer Insights

Connect the data dots and a story emerges — where the Fed’s Beige Book hints at what to come. Get the Full Story Complete the...

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H-E-B Launches Credit Card to Drive Private Label Sales
H-E-B Launches Credit Card to Drive Private Label Sales
April 19, 2023  |  Credit Cards

As grocers compete for shopper loyalty amid inflation, H-E-B has launched its own credit card. Get the Full Story Complete the form to unlock this...

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