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 buy to where they are buying them. By the Numbers The 2023 PYMNTS Intelligence study “Consumer Inflation Sentiment Report: Consumers...
As Walmart is observing a reduction in customers’ grocery expenses due to the use of appetite-suppressing medications, Amazon is exploring opportunities with third-party grocery providers to enhance its presence in the grocery market. These actions come as both retailers, like everyone else, grapple not only...
Online grocery may only account for a small fraction of total grocery purchases, but those who have adopted digital channels represent grocers’ biggest spenders. By the Numbers According to data from PYMNTS’ study “Tracking the Digital Payments Takeover: Catching the Coming eCommerce Wave,” created in...
Grocery shoppers’ anxieties around food price inflation may be easing somewhat, but they continue to pinch pennies wherever possible. In an interview with PYMNTS, Barbara Connors, vice president, strategy and acceleration at 84.51°, Kroger’s retail data science, insights and media company, spoke to how consumers’ grocery...
March 17, 2025
There’s increasing evidence that consumers are triaging their spending — picking and choosing where they will (or even can) allocate their money as tariffs and macro uncertainty cloud near-term economic horizons. The latest data on retail sales show that in February, per the initial reading from the Census Bureau indicate that retail sales were up […]
December 08, 2023
As Walmart is observing a reduction in customers’ grocery expenses due to the use of appetite-suppressing medications, Amazon is exploring opportunities with third-party grocery providers to enhance its presence in...
