Consumer Spending

Data Brief: While 73% of Shoppers Buy Fresh Groceries, Just 57% Purchase Packaged Food

Data Brief: While 73% of Shoppers Buy Fresh Groceries, Just 57% Purchase Packaged Food
Data Brief: While 73% of Shoppers Buy Fresh Groceries, Just 57% Purchase Packaged Food
August 30, 2022  |  Consumer Finance

As food prices rise, many consumers are looking for more cost-effective alternatives. Yet, shoppers shifting from restaurants to grocery stores are not necessarily looking to...

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Meta Leverages India’s JioMart Grocery to Create Connected Commerce Ecosystem
Meta Leverages India’s JioMart Grocery to Create Connected Commerce Ecosystem
August 30, 2022  |  eCommerce

Meta is taking advantage of consumers’ daily need for food to integrate commerce into its social offerings in India, enabling users to make purchases the...

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Best Buy Says Strapped Consumers Cut Back on Home Theater, Computer Purchases
Best Buy Says Strapped Consumers Cut Back on Home Theater, Computer Purchases
August 30, 2022  |  Retail

Best Buy saw a decline in sales during the second quarter, the electronics retailer reported Tuesday (Aug. 30), as consumers shied away from home theater...

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Consumers Pulled Back on Grocery Purchasing in July
Consumers Pulled Back on Grocery Purchasing in July
August 29, 2022  |  Consumer Finance

As ongoing inflation has many being more cautious about their spending, the share of consumers making grocery purchases each month is on the decline. Get...

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Savings Not Enough to Blunt Paycheck-to-Paycheck Pressures
Savings Not Enough to Blunt Paycheck-to-Paycheck Pressures
August 29, 2022  |  Economy

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The Data Point: 83% of Consumers Bought Groceries in July, Down 87% in June
The Data Point: 83% of Consumers Bought Groceries in July, Down 87% in June
August 29, 2022  |  Economy

With inflation and unleashed summer travel demand putting the hurt on weakened paychecks, more consumers — especially younger demos — dined out for a better...

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GoTab: Resistance to Automation Keeps Stadium Payments Stuck in the Past
GoTab: Resistance to Automation Keeps Stadium Payments Stuck in the Past
August 26, 2022  |  Payment Methods

As digital technologies become increasingly advanced, new opportunities are emerging to unify previously disparate ecosystems within one connected payments systems and consumer-facing platform. Noting this...

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This Week in Payments: Amazon Care Exits, Peloton Peddles Content, BNPL Shifting and the Inflation Food Fight
This Week in Payments: Amazon Care Exits, Peloton Peddles Content, BNPL Shifting and the Inflation...
August 26, 2022  |  Payments Innovation

With news that Amazon is sunsetting its Amazon Care healthcare initiative, Peloton’s pivot to a more open ecosystem for its app and content and upbeat...

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