Consumer Spending

Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom

Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom
Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom
November 16, 2022  |  Retail

The nation’s second-largest chain of hardware stores said Wednesday (Nov. 16) that its commercial or “Pro” business grew 19% last quarter, as consumers continue to...

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TJX Finds ‘Tremendous Advantage’ in Off-Price Offerings
TJX Finds ‘Tremendous Advantage’ in Off-Price Offerings
November 16, 2022  |  Retail

Apparel retailer TJX reported an increase in sales Wednesday (Nov. 16), a development the company’s CEO attributed to consumers “treasure hunting” for the chain’s off-price offerings. Get...

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Oct Retail Sales up 1.3% to 8-Month High Heading Into Holiday Season
Oct Retail Sales up 1.3% to 8-Month High Heading Into Holiday Season
November 16, 2022  |  Economy

Americans are heading into the holiday shopping season spending more on essentials like food and gas, as well as big-ticket items like cars and discretionary...

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NY Fed: Household Debt Climbs to $16.5T
NY Fed: Household Debt Climbs to $16.5T
November 16, 2022  |  Debt

New data from the Federal Reserve Bank of New York shows American household debt continuing to climb, with credit card balances jumping at their largest...

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Subscriptions Front and Center of Consumers’ Essential Non-Essential Debate
Subscriptions Front and Center of Consumers’ Essential Non-Essential Debate
November 16, 2022  |  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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Mastercard Projects 15% Growth in Black Friday Spending
Mastercard Projects 15% Growth in Black Friday Spending
November 15, 2022  |  Retail

Mastercard is offering a sunny forecast for Black Friday, with its SpendingPulse report projecting a 15% growth in retail sales on the day after Thanksgiving. Get...

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Airbnb and Booking.com Lock Horns for Top Spot in Travel Apps
Airbnb and Booking.com Lock Horns for Top Spot in Travel Apps
November 15, 2022  |  Connected Economy

In this month’s edition of PYMNTS’ Provider Rankings of Travel Apps, a handful remains in the same spot as before, although one new name has...

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Neobank Varo Begins Offering Zelle Access
Neobank Varo Begins Offering Zelle Access
November 15, 2022  |  Banking

Varo will offer the peer-to-peer payment network Zelle as part of its mobile app, the digital bank announced Tuesday (Nov. 15). Get the Full Story Complete the form...

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