PYMNTS Intelligence

LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 

LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 
LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 
April 16, 2024  |  Retail

With the moderately well-off shopper spending differently than the high-earner, luxury brands are seeing aspirational shoppers forced to give up their favorite indulgences. Get the...

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From Mirrors to Bathrooms, Options for Connected Devices Grow
From Mirrors to Bathrooms, Options for Connected Devices Grow
April 16, 2024  |  Technology

As PYMNTS recently reported, it may not be long before today’s self-guided household vacuum cleaners are replaced by advanced, AI-driven robots that make Roombas look...

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46% of Instant Payment Skeptics Want Bank Info Hidden
46% of Instant Payment Skeptics Want Bank Info Hidden
April 16, 2024  |  Faster Payments

Whether it’s employee earnings, Social Security payments, tax refunds, insurance claim payouts, investment distributions or something else, most U.S. consumers now receive some type of...

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Gen Z Consumers Pull Back on Connected Devices 
Gen Z Consumers Pull Back on Connected Devices 
April 15, 2024  |  Connected Economy

Connected device ownership may be on the rise, but younger consumers are paring down the number of smart products they own, PYMNTS Intelligence research reveals....

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Consumers Unsure Whether to Trust Luxury eCommerce Platforms
Consumers Unsure Whether to Trust Luxury eCommerce Platforms
April 15, 2024  |  Retail

Luxury shoppers may be willing to shell out quite a lot online for high-quality products, but only if they can trust that they are getting...

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57% of Gen Z Workers Say They Are Likely to Change Jobs in 2024
57% of Gen Z Workers Say They Are Likely to Change Jobs in 2024
April 15, 2024  |  Consumer Finance

Despite news about a slight surge in retail sales, PYMNTS Intelligence has found many U.S. consumers have good reason to be concerned about their economic footing. ...

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Retail Personalization Is About More Than Just Sending Offers
Retail Personalization Is About More Than Just Sending Offers
April 15, 2024  |  Retail

As merchants look to set their offerings apart to win shoppers’ loyalty, personalization is key. That means more than just using artificial intelligence (AI) to...

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Customer Demand, Supply Chain Uncertainties Costs Firms on Average $21 Million Annually
Customer Demand, Supply Chain Uncertainties Costs Firms on Average $21 Million Annually
April 15, 2024  |  Business

Concerns about inflation and the potential for another interest rate hike are only increasing the fierce levels of uncertainty corporate CFOs must now navigate —...

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What Generation Z Wants From Their Bank
What Generation Z Wants From Their Bank
April 15, 2024  |  Banking

There are 69 million consumers in the U.S. who are between the ages of 12 and 27. They are described as the first digitally-native generation...

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