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Brand Loyalty Falters as High Inflation Continues, Study Finds
Brand Loyalty Falters as High Inflation Continues, Study Finds
April 05, 2023  |  Consumer Insights

High inflation has made consumers cut back on everything but the necessities, and an unexpected characteristic has hit the chopping block: loyalty. PYMNTS’ data finds...

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Deal Chasing Becomes Mainstream — and Merchants Shouldn’t Be Happy
Deal Chasing Becomes Mainstream — and Merchants Shouldn’t Be Happy
March 06, 2023  |  Consumer Finance

American consumers remain pessimistic about the economy despite recent positive indicators. Consumers still expect elevated inflation rates for the foreseeable future, even as inflation has...

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Discount Retailer Primark Predicts Substantial Loss
Discount Retailer Primark Predicts Substantial Loss
July 02, 2020  |  Retail

Primark, the Irish fashion retailer, is expected to take a huge financial hit due to COVID-19, the Financial Times reported. The Dublin-based global discount chain,...

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Tuesday Morning Seeks Chapter 11 Bankruptcy Protection
Tuesday Morning Seeks Chapter 11 Bankruptcy Protection
May 27, 2020  |  Retail

To decrease its outstanding liabilities and bolster its total financial position, Tuesday Morning Corporation said in a statement that it has filed for Chapter 11 bankruptcy to...

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Tuesday Morning Gears Up For Bankruptcy
Tuesday Morning Gears Up For Bankruptcy
May 26, 2020  |  Retail

Following the closure of its retail locations due to the pandemic, Tuesday Morning Corp. is reportedly gearing up to file for bankruptcy. The Texas-based company was...

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Western Union Temporarily Halves Fees For Essential Workers
Western Union Temporarily Halves Fees For Essential Workers
May 07, 2020  |  Digital Payments

Western Union is offering a 50 percent discount for essential workers utilizing its payment services, according to a press release issued on Thursday (May 7). Western...

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Survival Mode: Fashion Retailers Slash Prices
Survival Mode: Fashion Retailers Slash Prices
April 16, 2020  |  Retail

The world of high fashion is starting to look like a fire sale. As retailers look for a way out of an unprecedented cash flow...

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Groupon Names Interim CEO
Groupon Names Interim CEO
March 25, 2020  |  eCommerce

Groupon‘s board of directors replaced CEO Rich Williams Wednesday (March 25), just a month after the eCommerce company posted a lackluster earnings report and vowed...

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Pasta Passes Sell Out At Olive Garden
Pasta Passes Sell Out At Olive Garden
August 16, 2019  |  Retail

With fans of the restaurant chain looking to get an unlimited fix, Olive Garden‘s Never Ending Pasta Pass sold out in one second. All 24,000...

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