Inflation is changing the ways in which we eat, whether buying food at the grocery store or dining out. The PYMNTS Intelligence Paycheck-to-Paycheck report titled “Navigating the Shifting Sands of Consumer Spending Amid Rising Prices and New Tariffs” found that, with the responses of 2,280...
The slight rise in consumer prices, as February’s report from the Bureau of Labor Statistics Wednesday (March 12) showed, may just be (relative) calm before the inflationary storm. The Consumer Price Index (CPI) was 0.2% higher in February, as measured against January’s levels, and annualized inflation...
By all rights, this should be a season of discontent for the restaurant industry. Among the pressures facing this sector: Icy temperature, concerns about prices, a drop in consumer spending, and the fact that January and February are historically the slowest time of year for...
Walmart CEO Doug McMillon reportedly said Thursday (Feb. 27) that the retailer is seeing signs of stress among consumers due to food prices remaining high. Speaking at the Economic Club of Chicago, McMillon said Walmart sees budget-conscious customers buying smaller pack sizes, being more selective and...
May 07, 2025
Inflation is changing the ways in which we eat, whether buying food at the grocery store or dining out. The PYMNTS Intelligence Paycheck-to-Paycheck report titled “Navigating the Shifting Sands of Consumer Spending Amid Rising Prices and New Tariffs” found that, with the responses of 2,280 U.S. consumers in hand, and extrapolating the data to the […]
December 11, 2024
The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported by the Bureau of Labor...
April 10, 2024
We’re all booking trips. But what we’re able to spend once we get away from it all … well, that remains to be seen. Delta Air Lines reported earnings on...
January 11, 2024
The end of inflation? The end of the pinch to paycheck-to-paycheck wallets? Hardly. And, per the latest Consumer Price Index data, released Thursday (Jan. 11) by the Labor Department, the most...
February 22, 2026
America’s packaged food giants are reportedly cutting prices to woo cautious consumers. General Mills, Kraft Heinz and PepsiCo are among the food companies who have either reduced prices or extended existing cuts amid cooling sales, the Financial Times (FT) reported Saturday (Feb. 21). The report points to several factors driving down sales, including the rise […]
March 09, 2025
By all rights, this should be a season of discontent for the restaurant industry. Among the pressures facing this sector: Icy temperature, concerns about prices, a drop in consumer spending,...
February 28, 2025
Walmart CEO Doug McMillon reportedly said Thursday (Feb. 27) that the retailer is seeing signs of stress among consumers due to food prices remaining high. Speaking at the Economic Club of...
August 11, 2024
Value has become the watchword for fast-food brands these days. As CNBC reported Sunday (Aug. 11), restaurant CEOs keep pointing to value when explaining to investors why sales have cooled,...