holiday spending

New Research: Card-Linked Offers Reaching Top Earners and Gen Z
New Research: Card-Linked Offers Reaching Top Earners and Gen Z
March 05, 2024  |  Merchant Innovation

The end of 2023 provided little reprieve from rising prices, even as the impending holidays encouraged consumers to manage spending. The need to save made...

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PYMNTS Data: Inflation-Adjusted Retail Sales Offer Hope for Merchants Beyond the Holiday Surge
PYMNTS Data: Inflation-Adjusted Retail Sales Offer Hope for Merchants Beyond the Holiday Surge
January 18, 2024  |  Economy

Inflation’s been the main concern for merchants and consumers through the past few years. But as PYMNTS Intelligence data shows, inflation’s impact on retail, in...

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Fed’s Beige Book Says Holiday Spending Met or Exceeded Expectations
Fed’s Beige Book Says Holiday Spending Met or Exceeded Expectations
January 17, 2024  |  Economy

Economic activity in the United States remained relatively stable from mid-November through December.  While a majority of the 12 Federal Reserve Districts reported little or...

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Two-Thirds of Shoppers Used Card-Linked Offers to Make Holiday Purchases
Two-Thirds of Shoppers Used Card-Linked Offers to Make Holiday Purchases
January 10, 2024  |  Loyalty & Rewards

The 2023 holiday shopping season provided little reprieve from rising prices, and United States consumers sought ways to manage spending. This made card-linked offers especially...

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Walmart CEO Predicts Soft Sales as Amazon Readies Prime Video Ads
Walmart CEO Predicts Soft Sales as Amazon Readies Prime Video Ads
December 29, 2023  |  Retail

At the start of the month, the CEO of Walmart explained challenges in predicting the post-holiday sales outlook for 2024. Meanwhile, Amazon is mastering the...

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Luxury Spending Continues to Slow Amid Geopolitical Uncertainty and Inflation
Luxury Spending Continues to Slow Amid Geopolitical Uncertainty and Inflation
December 13, 2023  |  Retail

A slowdown in luxury spending, combined with excessive inventory levels for the holiday season, has reportedly prompted fears of a discounting spiral that could cheapen...

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Cash-Strapped UK Shoppers Choose Chocolate Over Toys as Gifts
Cash-Strapped UK Shoppers Choose Chocolate Over Toys as Gifts
December 11, 2023  |  Retail

Nestle, the maker of Quality Street, and Mondelez, the owner of Cadbury, are experiencing increased sales of confectionery in the United Kingdom this holiday season. Cash-strapped shoppers, looking...

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Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
December 11, 2023  |  Retail

Toy company Hasbro will be laying off another 900 people, about a year after saying it would eliminate 1,000 positions from its global workforce. The latest job...

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Sometimes a Retail Trend Just Isn’t Enough to Boost Sales 
Sometimes a Retail Trend Just Isn’t Enough to Boost Sales 
December 11, 2023  |  Retail

If you read the Y2K piece on PYMNTS late last month, you’d be aware that millennials are facing unique challenges in meeting their financial needs. ...

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