discretionary spending

Nordstrom Defies Retail Slump With Surprising Quarterly Profit and Strong Revenue Growth 

Nordstrom Defies Retail Slump With Surprising Quarterly Profit and Strong Revenue Growth 
Nordstrom Defies Retail Slump With Surprising Quarterly Profit and Strong Revenue Growth 
June 01, 2023  |  Retail

In the previous quarter, PYMNTS dubbed Nordstrom’s strategy of excessive discounting as the “big blue mistake.” However, on Wednesday (May 31), the retailer has proven...

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Costco Reports Sales Growth Slows as Consumers Reduce Discretionary Purchases
Costco Reports Sales Growth Slows as Consumers Reduce Discretionary Purchases
May 25, 2023  |  Retail

Costco’s comparable sales growth has slowed as consumers reduce their purchases of discretionary items. Get the Full Story Complete the form to unlock this article...

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Retail Spending’s Headline Rebound Masks Pullback on Discretionary Items
Retail Spending’s Headline Rebound Masks Pullback on Discretionary Items
May 16, 2023  |  Consumer Insights

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Consumers, Businesses Trim Spending on Phones as Economy Slows
Consumers, Businesses Trim Spending on Phones as Economy Slows
April 20, 2023  |  Earnings

Consumers and businesses are trimming their spending on phones in response to the slowing economy. Get the Full Story Complete the form to unlock this...

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Smaller Retailers Without Rewards Programs Risk Losing Inflation-Weary Customers 
Smaller Retailers Without Rewards Programs Risk Losing Inflation-Weary Customers 
March 17, 2023  |  Loyalty & Rewards

Everyone loves a bargain, but small- and medium-sized business (SMB) retailers have been pulling back from promotional codes and rewards recently. As noted in proprietary...

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Discretionary Spending Pullback May Paint Clearer US Economic Picture
Discretionary Spending Pullback May Paint Clearer US Economic Picture
March 03, 2023  |  Connected Economy

Sometimes it just comes down to the cold, hard numbers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Food and Energy Inflation Data Hint at Disposable Income Pressure
Food and Energy Inflation Data Hint at Disposable Income Pressure
February 24, 2023  |  Economy

Inflation is making paying for basics of everyday life — food especially — harder to swallow. Get the Full Story Complete the form to unlock...

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FedEx Earnings Put Discretionary Spending In Spotlight as Package Volume Drops 
FedEx Earnings Put Discretionary Spending In Spotlight as Package Volume Drops 
December 21, 2022  |  Earnings

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