Consumer Spending

Oreo Courts a Higher-End Customer as Snacks Put on the Ritz
Oreo Courts a Higher-End Customer as Snacks Put on the Ritz
March 02, 2024  |  Retail

Oreo is getting fancy as snack foods sprinkle in a little bit of affordable luxury to appeal to today’s belt-tightening shoppers. On Monday (March 4),...

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Ocado CEO: ‘It’s Amazing’ How Many eGrocers Botch the Basics
Ocado CEO: ‘It’s Amazing’ How Many eGrocers Botch the Basics
March 01, 2024  |  eCommerce

As digital merchants compete for consumers’ growing online grocery spending, Ocado Group said one of the biggest challenges to driving penetration across the industry is key players’...

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58% of Consumers Cut Back on Nonessentials Due to Rising Grocery Costs
58% of Consumers Cut Back on Nonessentials Due to Rising Grocery Costs
March 01, 2024  |  Economy

The rising costs of groceries continue to pressure U.S. consumers to reconsider how they shop — and what they shop for. As PYMNTS Intelligence reported last year,...

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Paying Over Time for Groceries Will Continue Amid Disposable Income Pressures
Paying Over Time for Groceries Will Continue Amid Disposable Income Pressures
March 01, 2024  |  Economy

Recent economic data from this week give ammunition to the argument that paying for groceries over time will be a long-standing trend. As noted in...

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Financially Secure Consumers Splurge on Travel
Financially Secure Consumers Splurge on Travel
February 29, 2024  |  Travel Payments

Travel is one of the top ways consumers with healthy financial safety nets treat themselves, PYMNTS Intelligence research finds, and airlines are reaping the benefits....

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Uber Lets Parents Put the Brakes on Teen Spending
Uber Lets Parents Put the Brakes on Teen Spending
February 29, 2024  |  Financial Inclusion

Last year, Uber began offering highly supervised services to young passengers. Now, the ride-hailing and delivery company is giving parents even more oversight into how their kids...

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Consumers Cool on Spending Even as Inflation Slows
Consumers Cool on Spending Even as Inflation Slows
February 29, 2024  |  Economy

The headlines Thursday (Feb. 29) trumpet the fact that inflation rose in January at the rate most people expected — by 3% month on month....

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Who Uses Credit to Buy Groceries? The Answer Might Surprise You
Who Uses Credit to Buy Groceries? The Answer Might Surprise You
February 29, 2024  |  Buy Now Pay Later

A couple of weeks ago, more than 123 million people tuned in to watch the Super Bowl. Analysts say that it was the most watched...

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Worldline Projects Cooling Growth After ‘Consumption Slowdown’
Worldline Projects Cooling Growth After ‘Consumption Slowdown’
February 28, 2024  |  Earnings

French payments firm Worldline is projecting slower growth this year as European consumers reduce spending. “With a strong focus on the execution of the transformation plan in...

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