PYMNTS Study

New Data Shows Why 48% of Retail Subscription Customers May Not Be Worth Retaining

New Data Shows Why 48% of Retail Subscription Customers May Not Be Worth Retaining
New Data Shows Why 48% of Retail Subscription Customers May Not Be Worth Retaining
June 14, 2023  |  Subscriptions

The retail subscription sector is feeling the pain of financially tapped-out consumers or those simply disenchanted with the workings of subscription plans, making retention strategies...

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Study Finds 30% of Subscribers Account for Nearly 80% of Subscription Merchant Revenue
Study Finds 30% of Subscribers Account for Nearly 80% of Subscription Merchant Revenue
June 14, 2023  |  Subscription Commerce

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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Viral Walmart Digital Price Tag Rollout Furor May Be Overblown
Viral Walmart Digital Price Tag Rollout Furor May Be Overblown
June 13, 2023  |  Walmart

The megaretailer’s new price labeling system has some consumers crying foul, but many more customers seem unfazed. Get the Full Story Complete the form to...

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93% of Credit Card Users Like It When Their Bank Supports Local Charities
93% of Credit Card Users Like It When Their Bank Supports Local Charities
June 13, 2023  |  Banking

Charity begins at home, or at least the general area of one’s home, and consumers show a penchant for supporting financial institutions (FIs) and banks...

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Germany Digital Payment Growth May Pause as Country Enters Recession
Germany Digital Payment Growth May Pause as Country Enters Recession
June 13, 2023  |  Digital Payments

Ingrained faith in the physicality of banknotes has long driven German consumer behavior, as cash still accounts for an average 51% of all retail transactions as recently...

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Contact Centers Being Redefined by Generative AI
Contact Centers Being Redefined by Generative AI
June 13, 2023  |  artificial intelligence

While voice recognition systems in customer service aren’t new, generative artificial intelligence (AI) is changing the nature and quality of how consumers interact with brands,...

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Retailer Return Policies May Put Future Sales at Risk
Retailer Return Policies May Put Future Sales at Risk
June 13, 2023  |  Retail

Despite the shopping feature’s popularity, merchants keep tightening requirements for returns.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Jobs Numbers Paint Mixed Picture of US Economic Health
Jobs Numbers Paint Mixed Picture of US Economic Health
June 12, 2023  |  Economy

A strong labor market may be softening, confirming consumer hesitancy in returning to previous spending patterns.  Get the Full Story Complete the form to unlock...

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Beauty Sector Rethinks Digital as eCommerce Threatens In-Store Sales
Beauty Sector Rethinks Digital as eCommerce Threatens In-Store Sales
June 12, 2023  |  eCommerce

Sector brands and merchants may need to refine their digital approach to gain customer share as consumers seeking to bring beauty to their doorstep.   Get...

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