PYMNTS Intelligence

High-Earning Consumers Prefer Luxury Experiences Over Things

High-Earning Consumers Prefer Luxury Experiences Over Things
High-Earning Consumers Prefer Luxury Experiences Over Things
April 16, 2024  |  Consumer Insights

When it comes to living large, big earners like to splurge on making memories more so than on, say, a new handbag, PYMNTS Intelligence research...

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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  |  Real-Time 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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