holidays

Consumers Brace to Cut Back on Restaurant Dining Over Holidays

Consumers Brace to Cut Back on Restaurant Dining Over Holidays
Consumers Brace to Cut Back on Restaurant Dining Over Holidays
November 22, 2023  |  Consumer Insights

As the holiday season pressures budgets, most consumers plan to reduce their spending on restaurant dining. By the Numbers The PYMNTS Intelligence study “The Credit...

READ MORE >
Consumer Sentiment Continues Sliding as Households Brace for Higher Inflation
Consumer Sentiment Continues Sliding as Households Brace for Higher Inflation
November 22, 2023  |  Economy

Perception is reality, goes the old saying. And the perception right now is that inflation is a staple of everyday life, that no one should...

READ MORE >
This Week in AI: Sam Altman, for-Profits and Enterprise Accelerationism
This Week in AI: Sam Altman, for-Profits and Enterprise Accelerationism
November 22, 2023  |  Artificial Intelligence

The generative artificial intelligence landscape showed some of its biggest growing pains this week. And those growing pains gave industry observers a case of whiplash....

READ MORE >
Sephora Keeps Kohl’s Registers Ringing as Other Categories Weaken
Sephora Keeps Kohl’s Registers Ringing as Other Categories Weaken
November 21, 2023  |  Retail

As temperatures stayed warm in September and October, Kohl’s discovered that it had a surplus of its cold weather inventory beyond what was initially expected....

READ MORE >
Best Buy Lowers Sales Outlook as Black Friday Looms
Best Buy Lowers Sales Outlook as Black Friday Looms
November 21, 2023  |  Earnings

Best Buy says cooling consumer demand for appliances helped drive down third-quarter sales. The company’s drop in revenue led it to lower its annual sales forecast Tuesday (Nov....

READ MORE >
Digital Transformation Prompts Small Restaurants to Streamline Holiday Menus
Digital Transformation Prompts Small Restaurants to Streamline Holiday Menus
November 20, 2023  |  ResTech

As the rise of digital ordering has increased the popularity of restaurant takeout, independent restaurants are rethinking their holiday season menus for off-premises optimization. In...

READ MORE >
Can the Ugly Sweater Craze Sleigh the Inflation Grinch? 
Can the Ugly Sweater Craze Sleigh the Inflation Grinch? 
November 18, 2023  |  Retail

While the holiday season brings a myriad of traditions and festivities, one of the quirkiest yet arguably beloved is the ugly sweater phenomenon. While some may...

READ MORE >
5 Signs Consumers Are Feeling Pinched Into the Holidays and Beyond
5 Signs Consumers Are Feeling Pinched Into the Holidays and Beyond
November 17, 2023  |  Economy

The holidays are upon us. The credit card debt has been racked up. The broad deluge of earnings reports has slowed to a trickle. The...

READ MORE >