Consumer Spending

Streaming Platforms Navigate Shifting Market Dynamics Amid Subscriber Boom
Streaming Platforms Navigate Shifting Market Dynamics Amid Subscriber Boom
April 19, 2024  |  Streaming

Netflix’s first-quarter earnings report on Thursday (April 18) paints a picture of success, with nearly 270 million paying customers globally and a 15% year-over-year surge...

READ MORE >
Brazil’s Click-and-Mortar™ Shoppers Underpin Pix and Instant Payments Growth
Brazil’s Click-and-Mortar™ Shoppers Underpin Pix and Instant Payments Growth
April 19, 2024  |  Retail

The rise of the Click-and-Mortar™ shopper in Brazil may give some tailwind to the use of Pix, the instant payment system that became operational in...

READ MORE >
P&G: Shoppers Are Done Trading Down to Private-Label
P&G: Shoppers Are Done Trading Down to Private-Label
April 19, 2024  |  Earnings

Many consumers may have traded down to private-label brands in earlier stages of the current period of high inflation, but now, according to Procter &...

READ MORE >
Amazon-Walmart Rivalry for Consumer Retail Spend Turned in 2022
Amazon-Walmart Rivalry for Consumer Retail Spend Turned in 2022
April 19, 2024  |  Retail

PYMNTS Intelligence has closely watched the two leading U.S. retail giants — Amazon and Walmart — duke it out since 2019, sharing our findings in...

READ MORE >
Regions Bank Struggles With Expenses; Bullish on Consumer
Regions Bank Struggles With Expenses; Bullish on Consumer
April 19, 2024  |  Earnings

Two months after laying off 3% of its workforce, the Birmingham, Alabama-based Regions Bank posted disappointing Q1 earnings Friday (April 19). The southeastern regional’s results...

READ MORE >
60% of New Amex Accounts Are Opened by Gen Z, Millennials
60% of New Amex Accounts Are Opened by Gen Z, Millennials
April 19, 2024  |  Earnings

Younger, affluent consumers are showing notable resilience when it comes to spending on experiences and travel — and using their credit cards to do so....

READ MORE >
Amazon and Walmart Race to Integrate Commerce and Content
Amazon and Walmart Race to Integrate Commerce and Content
April 19, 2024  |  Retail

As shopping and entertainment become increasingly intertwined, Amazon and Walmart are looking for new ways to drive sales via content. On Tuesday (April 16), Amazon Live announced a new...

READ MORE >
Consumer Demand for Deals Fuels Rise of Discount Subscriptions
Consumer Demand for Deals Fuels Rise of Discount Subscriptions
April 18, 2024  |  Subscriptions

With consumers seeking more bang for their buck, retail merchants are rising to the occasion, offering discounts for subscribing, PYMNTS Intelligence finds. By the Numbers...

READ MORE >
Financial Challenges Prompt Car Shoppers to Look to Secondhand Options
Financial Challenges Prompt Car Shoppers to Look to Secondhand Options
April 18, 2024  |  Transportation

Economic challenges or no, consumers still need to get where they are going, and many are now opting for secondhand sellers when buying vehicles, unable...

READ MORE >