retail spending

Amazon Prime Day Sales Outpace 2023 Event in First Hours

Amazon Prime Day Sales Outpace 2023 Event in First Hours
Amazon Prime Day Sales Outpace 2023 Event in First Hours
July 16, 2024  |  Retail

The first hours of Amazon’s Prime Day reportedly saw sales outpacing those of last year’s event. During the first seven hours of the event on...

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Gen X Shoppers Cut Back on Groceries the Most Amid Inflation
Gen X Shoppers Cut Back on Groceries the Most Amid Inflation
May 21, 2024  |  Consumer Insights

As consumers rethink their spending on groceries amid inflation, PYMNTS Intelligence research reveals, Gen X shoppers are quicker to make changes to everything from what products they...

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Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast Fashion
Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast Fashion
April 22, 2024  |  Retail

With young consumers’ fashion habits rapidly evolving alongside quickly changing social media trends, Express has not been able to keep up. The fast-fashion company, which...

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Fed’s Beige Book Cites Weak Discretionary Spending
Fed’s Beige Book Cites Weak Discretionary Spending
April 17, 2024  |  Economy

Eight times each year the Fed publishes what’s known as the Beige Book — a qualitative take from each of the 12 federal bank districts....

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US Retail Inventories Climb in February
US Retail Inventories Climb in February
April 15, 2024  |  Retail

Retail inventories climbed in February after being flat the prior month. According to the Commerce Department’s Monthly Retail Trade and Food Services report released Monday (April...

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Shoppers Grow Cautious and Creative as Food Prices Climb
Shoppers Grow Cautious and Creative as Food Prices Climb
April 04, 2024  |  Economy

How far will $100 go at the supermarket? Not as far as in 2019. While food inflation has slowed in recent months, costs continue to climb at...

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Consumers Are Spending More, but 6 in 10 Check the Price Tag First
Consumers Are Spending More, but 6 in 10 Check the Price Tag First
April 02, 2024  |  Consumer Insights

As reported last week, data from the Bureau of Economic Analysis confirms February consumer spending was up, a trend some analysts believe could influence the Fed’s decision to...

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Retailers Struggle Amid More Cautious Consumer Spending
Retailers Struggle Amid More Cautious Consumer Spending
March 24, 2024  |  Retail

U.K. and U.S. retailers are reportedly finding that deep discounts aren’t enough to woo consumers. “Even the strongest and highest profile brands up and down the country...

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