Consumer Spending

54% of Clothing, Accessory Shoppers Have Abandoned an Online Cart in Last Year

54% of Clothing, Accessory Shoppers Have Abandoned an Online Cart in Last Year
54% of Clothing, Accessory Shoppers Have Abandoned an Online Cart in Last Year
July 14, 2022  |  Retail

While most consumers love the convenience and variety of online shopping, they find some aspects frustrating or time-consuming.  Get the Full Story Complete the form...

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JPMorgan Says US Consumer in ‘Great Shape’ but Macro Is Deteriorating
JPMorgan Says US Consumer in ‘Great Shape’ but Macro Is Deteriorating
July 14, 2022  |  Earnings

Reports of the death of consumer spending are greatly exaggerated — at least from the point of view of the nation’s largest lender, J.P. Morgan...

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EU Lawmakers Agree on Rules to Limit Credit Card Debt, Overdrafts
EU Lawmakers Agree on Rules to Limit Credit Card Debt, Overdrafts
July 14, 2022  |  Legal & Regulation

The European Parliament‘s (EP) Internal Market and Consumer Protection Committee almost unanimously approved on Tuesday (July 12) the new EU rules that, according to lawmakers,...

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Amazon Grabs 8.8% of Gross Retail Spending to Outpace Walmart
Amazon Grabs 8.8% of Gross Retail Spending to Outpace Walmart
July 14, 2022  |  Retail

Amazon is maintaining its retail dominance, capturing 8.8% in gross retail spending compared to Walmart’s 8.2% in the second quarter of 2022, PYMNTS reported in...

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Amazon, Walmart Incentivize eGrocery Spending with Deal Days
Amazon, Walmart Incentivize eGrocery Spending with Deal Days
July 14, 2022  |  Retail

As mega-retailers compete for consumers’ food spending, Amazon is pulling out all stops to minimize Walmart’s grocery lead. During its Prime Day event Tuesday and...

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For Consumers at Checkout, Cash Back, Not Coupons, Is King
For Consumers at Checkout, Cash Back, Not Coupons, Is King
July 14, 2022  |  Loyalty & Rewards

Unraveling mysteries of the consumer psyche stumps the best of them, but this much seems clear: Consumers react differently to discounts versus cash back, and...

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New Data: Amazon Keeps Lead Over Walmart in Share of Q1 Retail Spending
New Data: Amazon Keeps Lead Over Walmart in Share of Q1 Retail Spending
July 13, 2022  |  Retail

While Walmart has transformed its business strategy in recent years to include bold innovations — like the drone delivery that Amazon pioneered — Amazon continues...

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New Inflation Figures Show Restaurants Absorbing Price Increases to Retain Customers
New Inflation Figures Show Restaurants Absorbing Price Increases to Retain Customers
July 13, 2022  |  Economy

As food prices continue to soar, grocers are bumping prices up, while restaurants continue to absorb much of this inflationary pressure in a move to...

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