PYMNTS Intelligence

Small Retailers Relying on In-Store Sales Are More at Risk
Small Retailers Relying on In-Store Sales Are More at Risk
May 28, 2024  |  Retail

Small retailers that make most of their sales via brick-and-mortar are the most at risk of closing, compared to those that leverage an omnichannel strategy...

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Spending Management Is Top of Mind for ‘Zillennial’ Shoppers
Spending Management Is Top of Mind for ‘Zillennial’ Shoppers
May 28, 2024  |  Consumer Insights

For zillennials — the bridge generation between millennials and Generation Z, born between 1991 and 1999 — budgeting is a key priority when making decisions...

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80% of Truckers Cite Convenience as Instant Payments Preference
80% of Truckers Cite Convenience as Instant Payments Preference
May 28, 2024  |  Faster Payments

Who doesn’t like getting paid instantly? According to PYMNTS Intelligence data, roughly a third of all U.S. consumers now select instant payouts when they are...

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Memorial Day Kicks Off Summer of the US Consumer
Memorial Day Kicks Off Summer of the US Consumer
May 27, 2024  |  Economy

In 1967, it was the Summer of Love. In 2020, it was the summer of COVID-19. When summer 2024 goes in the books — from...

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Shoppers Dig Into Their Savings to Afford Essentials, Not Nice-to-Haves
Shoppers Dig Into Their Savings to Afford Essentials, Not Nice-to-Haves
May 24, 2024  |  Retail

Among consumers who expect to have to dip into their savings this year, most expect to do so to afford items and services they need, rather than to treat...

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FTC: Company Impersonation Scams Cost Consumers Millions of Dollars
FTC: Company Impersonation Scams Cost Consumers Millions of Dollars
May 24, 2024  |  Security & Fraud

The Federal Trade Commission said it has been flooded with reports from consumers who have been taken in by scammers purporting to represent some of today’s leading companies. Get the Full Story Complete...

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Gen Z Consumers Save Nearly 10% of Their Monthly Income
Gen Z Consumers Save Nearly 10% of Their Monthly Income
May 24, 2024  |  Consumer Finance

Generation X consumers, baby boomers and seniors all allocate more than 60% of their monthly incomes to housing, supplies and other regular bills. Generation Z...

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Fed Study: Two-Thirds of Adults Say Inflation Made Financial Situation ‘Worse’
Fed Study: Two-Thirds of Adults Say Inflation Made Financial Situation ‘Worse’
May 23, 2024  |  Consumer Insights

Inflation continues to impact the financial lives of U.S. consumers — with a new Federal Reserve study showing that higher prices have made financial situations...

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Ross Stores COO: Shoppers’ Cost-Cutting Behaviors Fuel Off-Priced Retail Growth
Ross Stores COO: Shoppers’ Cost-Cutting Behaviors Fuel Off-Priced Retail Growth
May 23, 2024  |  Retail

With consumers cutting back on discretionary spending while trading down to value-focused merchants, Ross Stores is seeing these belt-tightening behaviors prove to be a mixed...

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