Consumer Spending

RH Says High Mortgage Rates Killing Demand for Luxury Homes, Furniture

RH Says High Mortgage Rates Killing Demand for Luxury Homes, Furniture
RH Says High Mortgage Rates Killing Demand for Luxury Homes, Furniture
June 30, 2022  |  Retail

Hopes for a near-term turnaround in the battered home furnishing category were dashed Wednesday evening (June 29), after high-end retailer RH told investors it expects...

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Today in Data: The Rise of Digital Consumers
Today in Data: The Rise of Digital Consumers
June 29, 2022  |  Today In Data

Today in data, research shows the number of consumers making online food and retail purchases is growing each month. Get the Full Story Complete the...

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58% of Consumers Increased Online Grocery Shopping in Past Year
58% of Consumers Increased Online Grocery Shopping in Past Year
June 28, 2022  |  Commerce Connected

Nearly half of consumers shop for retail products online and nearly one-third shop for groceries online, according to “Satisfaction in the Age of eCommerce,” a...

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BNPL Offers Luxury Sales Lifeline as Economic Storm Gathers
BNPL Offers Luxury Sales Lifeline as Economic Storm Gathers
June 28, 2022  |  BNPL

When the recession hits — and a recession is looking more and more like a matter of when, not if — spending on luxury retail...

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PYMNTS AM Radar: Walk This Way; Customization with APIs; Dining Loyalty; Paycheck to Paycheck Disruption; ICYMI
PYMNTS AM Radar: Walk This Way; Customization with APIs; Dining Loyalty; Paycheck to Paycheck Disruption;...
June 27, 2022  |  Consumer Finance

Today is Monday (June 27), and pending home sales data being released this morning are expected to show a 4% drop, the seventh straight month...

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Dutch Payments Association GM Says ‘Positive Friction’ Will Protect BNPL Users
Dutch Payments Association GM Says ‘Positive Friction’ Will Protect BNPL Users
June 24, 2022  |  Buy Now Pay Later

For an industry that’s typically laser-focused on frictionless services, it’s rare to hear calls for any sort of friction — let alone that it’s good...

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Olive Garden Parent Predicts Food Inflation Will Blow Over
Olive Garden Parent Predicts Food Inflation Will Blow Over
June 23, 2022  |  Earnings

As restaurants face inflationary challenges, brands are taking different approaches to make the economics work both in the short and long term. Get the Full...

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The Data Point: Chains Take the Cake With 60% of Restaurant Consumers
The Data Point: Chains Take the Cake With 60% of Restaurant Consumers
June 23, 2022  |  Data

There are folks who prefer quick-service restaurants (QSRs) to independent eateries, while others can’t say no to a five-course meal with fine tableside service. It...

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‘Dinner and a Movie At Home’ Trend Lifts Chefs’ Warehouse, La-Z-Boy
‘Dinner and a Movie At Home’ Trend Lifts Chefs’ Warehouse, La-Z-Boy
June 22, 2022  |  Retail

As much as airlines and hospitality sector players have reported brisk bookings from consumers eager to get out and go somewhere this summer, the present...

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