Consumer Spending

Why Retailers Should Worry About Inflation but Dread the Wealth Effect

Why Retailers Should Worry About Inflation but Dread the Wealth Effect
Why Retailers Should Worry About Inflation but Dread the Wealth Effect
July 25, 2022  |  Retail

A new survey of U.S. consumers, hot off the presses at PYMNTS, tells a lot about how they’re handling the current economic turmoil and when...

READ MORE >
CPG Brands Lose Sales as EU Consumers Opt for Store-Brand Items
CPG Brands Lose Sales as EU Consumers Opt for Store-Brand Items
July 24, 2022  |  Retail

There’s likely to be a downturn in consumer-packaged goods (CPG) sales due to shoppers opting for cheaper store brands amid inflation and rising food costs....

READ MORE >
American Express: Millennial, Gen Z Card Spend Up Nearly 50%
American Express: Millennial, Gen Z Card Spend Up Nearly 50%
July 22, 2022  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
As the Number of Payment Methods Consumers Use Increases, So Do Two Key Problems
As the Number of Payment Methods Consumers Use Increases, So Do Two Key Problems
July 22, 2022  |  Consumer Finance

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
AT&T Dials Up Latest Sign of Distress for Paycheck-to-Paycheck Economy
AT&T Dials Up Latest Sign of Distress for Paycheck-to-Paycheck Economy
July 21, 2022  |  Connected Economy

The latest sign of turbulence and stress in the paycheck-to-paycheck economy comes not from the housing sector, not from credit card issuers or BNPL, but...

READ MORE >
Grocery Roundup: Kroger Expands Virtual Food Court Partnership; Aldi Opens Frictionless Store
Grocery Roundup: Kroger Expands Virtual Food Court Partnership; Aldi Opens Frictionless Store
July 21, 2022  |  Retail

As grocers look to win consumers’ loyalty, many are seeking to meet a greater share of their shoppers’ food needs, offering not only raw ingredients...

READ MORE >
Tractor Supply’s Record Q2 Reflects Price Hikes, Growth of ‘Needs-Based Merchandise’
Tractor Supply’s Record Q2 Reflects Price Hikes, Growth of ‘Needs-Based Merchandise’
July 21, 2022  |  Retail

Pointing to a combination of price increases, growing consumer demand for “needs-based consumable merchandise,” and its strongest-ever eCommerce sales, rural lifestyle retailer Tractor Supply said...

READ MORE >
FreshDirect Mines Decades of Delivery Data as Grocery Newcomers Come and Go
FreshDirect Mines Decades of Delivery Data as Grocery Newcomers Come and Go
July 20, 2022  |  eCommerce

The online grocery space has matured rapidly since March 2020, with an influx of new customers both driving sales for incumbents in the space and...

READ MORE >