inflation

Grocers Cut Prices Globally as Discount Retailers Gain Share

Grocers Cut Prices Globally as Discount Retailers Gain Share
Grocers Cut Prices Globally as Discount Retailers Gain Share
June 02, 2023  |  Retail

Forced to choose between protecting their margins and losing more share to discount retailers, grocery chains worldwide are slashing prices to remain competitive. Get the...

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Lingering Office Closures Hit Hard for Times Square Small Businesses
Lingering Office Closures Hit Hard for Times Square Small Businesses
June 02, 2023  |  SMBs

Small businesses in Times Square are reportedly struggling in the post-pandemic environment. Get the Full Story Complete the form to unlock this article and enjoy...

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Macy’s Navigates Weak Consumer Demand, Continues Deep Discounts
Macy’s Navigates Weak Consumer Demand, Continues Deep Discounts
June 01, 2023  |  Retail

Earlier, PYMNTS reported that the summer of markdowns is here as Macy’s (along with Dollar General) struggled with declining consumer demand. The retailer has now...

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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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Report: Whether a Consumer Lives Paycheck to Paycheck Depends on Where They Live
Report: Whether a Consumer Lives Paycheck to Paycheck Depends on Where They Live
June 01, 2023  |  Consumer Insights

Things are tough all over, and six-figure earners are not immune, as prices for fundamentals like food, housing and transportation are causing more high earners...

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Grocery Shoppers Are More Loyal to Merchants Than to Products
Grocery Shoppers Are More Loyal to Merchants Than to Products
May 31, 2023  |  Consumer Insights

As consumers adjust their spending in response to grocery inflation, shoppers are challenged to make difficult decisions about their food spending. Yet, fewer than half...

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MasterClass and Other Major Streaming Services Get Schooled in Post-Pandemic Pricing
MasterClass and Other Major Streaming Services Get Schooled in Post-Pandemic Pricing
May 31, 2023  |  Streaming

As inflation drags on, consumers are showing a strong attachment to their streaming services, but even beloved sources of online entertainment and learning aren’t immune...

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Is Carvana’s Wall Street Rally an Omen for Online Car Platforms?
Is Carvana’s Wall Street Rally an Omen for Online Car Platforms?
May 31, 2023  |  Markets

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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