Consumer Spending

The Data Point: Declines Dog 24% of Consumers With High Payments Diversification

The Data Point: Declines Dog 24% of Consumers With High Payments Diversification
The Data Point: Declines Dog 24% of Consumers With High Payments Diversification
July 25, 2022  |  Payment Methods

Not content to hit 8.6% in May, the Consumer Price Index (CPI) shifted to up to 9.1% in June, making consumers conflicted enough about inflation...

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Why Retailers Should Worry About Inflation but Dread the Wealth Effect
Why Retailers Should Worry About Inflation but Dread the Wealth Effect
July 25, 2022  |  Retail

A new survey of U.S. consumers, hot off the presses at PYMNTS, tells a lot about how they’re handling the current economic turmoil and when...

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CPG Brands Lose Sales as EU Consumers Opt for Store-Brand Items
CPG Brands Lose Sales as EU Consumers Opt for Store-Brand Items
July 24, 2022  |  Retail

There’s likely to be a downturn in consumer-packaged goods (CPG) sales due to shoppers opting for cheaper store brands amid inflation and rising food costs....

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American Express: Millennial, Gen Z Card Spend Up Nearly 50%
American Express: Millennial, Gen Z Card Spend Up Nearly 50%
July 22, 2022  |  Earnings

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As the Number of Payment Methods Consumers Use Increases, So Do Two Key Problems
As the Number of Payment Methods Consumers Use Increases, So Do Two Key Problems
July 22, 2022  |  Consumer Finance

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AT&T Dials Up Latest Sign of Distress for Paycheck-to-Paycheck Economy
AT&T Dials Up Latest Sign of Distress for Paycheck-to-Paycheck Economy
July 21, 2022  |  Connected Economy

The latest sign of turbulence and stress in the paycheck-to-paycheck economy comes not from the housing sector, not from credit card issuers or BNPL, but...

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Grocery Roundup: Kroger Expands Virtual Food Court Partnership; Aldi Opens Frictionless Store
Grocery Roundup: Kroger Expands Virtual Food Court Partnership; Aldi Opens Frictionless Store
July 21, 2022  |  Retail

As grocers look to win consumers’ loyalty, many are seeking to meet a greater share of their shoppers’ food needs, offering not only raw ingredients...

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Tractor Supply’s Record Q2 Reflects Price Hikes, Growth of ‘Needs-Based Merchandise’
Tractor Supply’s Record Q2 Reflects Price Hikes, Growth of ‘Needs-Based Merchandise’
July 21, 2022  |  Retail

Pointing to a combination of price increases, growing consumer demand for “needs-based consumable merchandise,” and its strongest-ever eCommerce sales, rural lifestyle retailer Tractor Supply said...

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FreshDirect Mines Decades of Delivery Data as Grocery Newcomers Come and Go
FreshDirect Mines Decades of Delivery Data as Grocery Newcomers Come and Go
July 20, 2022  |  eCommerce

The online grocery space has matured rapidly since March 2020, with an influx of new customers both driving sales for incumbents in the space and...

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