Consumer Spending

Inflation Hits 39-Year High With CPI up 6.8%

Inflation Hits 39-Year High With CPI up 6.8%
Inflation Hits 39-Year High With CPI up 6.8%
December 10, 2021  |  Economy

Inflation in the U.S. is at a 39-year high, with the consumer price index (CPI) up 6.8% in November over the previous month in 2020,...

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Merchants Find Extended Warranties Build Long-Term Customer Relationships
Merchants Find Extended Warranties Build Long-Term Customer Relationships
December 10, 2021  |  Merchant Innovation

As the weather turns colder across most of the U.S., people are reaching into their closets to pull out winter coats — or perhaps preparing...

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65% of Americans Have Made a Purchase with a Credit Card in the Last 12 Months 
65% of Americans Have Made a Purchase with a Credit Card in the Last 12 Months 
December 09, 2021  |  Credit Cards

Credit cards are the gold standard for payments in America. Sixty-five percent of the U.S. population — 168 million adults — have made a purchase...

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Restaurants Can Leverage Personalized Offers to Win Big Spenders Back from Aggregators
Restaurants Can Leverage Personalized Offers to Win Big Spenders Back from Aggregators
December 09, 2021  |  Restaurant innovation

Ironically, today’s restaurants looking to win over their highest spending digital customers need to offer them the opportunity to spend less. As restaurants and third-party...

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Restoration Hardware Makes Curated Home Ecosystem a 2022 Priority
Restoration Hardware Makes Curated Home Ecosystem a 2022 Priority
December 09, 2021  |  Retail

Supply chain bottlenecks are still slowing delivery of some RH items, executives said Wednesday (Dec. 8), but most customers are willing to wait as the...

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Inflation: The Economic Variant That Kills Paycheck-to-Paycheck Consumer Confidence
Inflation: The Economic Variant That Kills Paycheck-to-Paycheck Consumer Confidence
December 08, 2021  |  Consumer Payments

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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Physical Retail’s Data Distortion Trap
Physical Retail’s Data Distortion Trap
December 06, 2021  |  Payments Innovation

In 1907, Mark Twain famously popularized the saying “lies, damn lies and statistics,” almost as a self-deprecating comment about his own ability to interpret “figures”...

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Apple’s iPhone Warning Signals Caution for Paycheck-to-Paycheck Consumers
Apple’s iPhone Warning Signals Caution for Paycheck-to-Paycheck Consumers
December 05, 2021  |  Apple

As Apple goes, so, too, goes household spending in the United States. Get the Full Story Complete the form to unlock this article and enjoy...

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AMZN vs. WMT Weekly: Amazon Poised to Take Top Retailer Spot From Walmart
AMZN vs. WMT Weekly: Amazon Poised to Take Top Retailer Spot From Walmart
December 03, 2021  |  Retail

After three quarters in a row of lagging behind Amazon in the race for consumers’ retail spending, it’s all but assured that 2021 will prove...

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