Consumer Spending

Revionics’ AI Tools Help Retailers ‘Win The War On Price’

Revionics’ AI Tools Help Retailers ‘Win The War On Price’
Revionics’ AI Tools Help Retailers ‘Win The War On Price’
May 04, 2021  |  Retail

It could be argued that within the complex calculus of variables that influence a consumer’s retail buying decision — be it quality, availability, brand loyalty...

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Amazon Will Outgrow Walmart 3-to-1 Over Next Five Years
Amazon Will Outgrow Walmart 3-to-1 Over Next Five Years
May 03, 2021  |  Retail

New research by PYMNTS shows that the long, steady revenue uptrend Amazon has posted over the past decade is set to continue and accelerate, not...

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US Household Income Spikes 21.1 Pct In March
US Household Income Spikes 21.1 Pct In March
May 02, 2021  |  Economy

Big news in the U.S. last week as figures from the Census Bureau and Treasury Department pointed to an economic recovery gaining momentum as the...

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Economists Revise US, Eurozone Forecasts Upward
Economists Revise US, Eurozone Forecasts Upward
May 02, 2021  |  Economy

Large economic powers like the U.S. and Europe have good-sized chances at recovering lost ground from the pandemic by the end of 2021, the Financial...

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Foot Traffic In Clothing Stores Approaches Pre-Pandemic Levels
Foot Traffic In Clothing Stores Approaches Pre-Pandemic Levels
May 02, 2021  |  Retail

Apparel stores are seeing more demand now as people start to go out more often, The Wall Street Journal reported on Sunday (May 2). The...

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Stimulus Checks Power Record-Breaking Household Income Boost
Stimulus Checks Power Record-Breaking Household Income Boost
April 30, 2021  |  Economy

U.S. household income escalated 21.1 percent in March, fueled in part by federal relief funds, vaccinations, and the easing of restrictions from the COVID-19 pandemic, The...

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Vaccine Rollout Prompts CPG Brands To Look Toward Away-From-Home Offerings
Vaccine Rollout Prompts CPG Brands To Look Toward Away-From-Home Offerings
April 30, 2021  |  Retail

As newly vaccinated consumers return to activities enjoyed in pre-pandemic life, brands that have struggled through the last 13 months have an opportunity to re-establish...

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How We Pay 2021: BNPL And Credit Cards Are Magic Mixture For Millennials
How We Pay 2021: BNPL And Credit Cards Are Magic Mixture For Millennials
April 29, 2021  |  Buy Now Pay Later

If you’re looking for the runaway payments success stories of the past few years, the earth-shaker isn’t spendable crypto, points or anything exotic. Buy now,...

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Consumer Spending Drives 6.4 Pct First-Quarter GDP Growth
Consumer Spending Drives 6.4 Pct First-Quarter GDP Growth
April 29, 2021  |  Economy

First-quarter U.S. gross domestic product (GDP) expanded by 6.4 percent, topping fourth-quarter growth of 4.3 percent in 2020 and marking the biggest first-quarter increase in...

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