Digital Consumer
eCommerce Growth Outpaces General Retail Sales, Hits 15.6%
Tuesday 19th November - 4:20 pmDigital continued to take a larger slice of retail spending in the third quarter of ...Lowe’s vs Home Depot: A Tale of Two Strategies for Professional Builders
Tuesday 19th November - 11:44 amThe everyday American consumer is dealing with an increasingly strained household budget. And, according to home ...Restaurant Sector Eager to Say Goodbye to Rough Year
Sunday 17th November - 6:12 pmThe restaurant industry is reportedly eager to move beyond a difficult 2024. “I don’t know about ...October Retail Sales Up Overall but Online Sales Slow
Friday 15th November - 1:45 pmOctober retail sales were up 0.4%, according to data from the U.S. Census Bureau. Although U.S. ...Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
Wednesday 13th November - 1:35 pmOnly time will tell if the slight bump in inflation — measured by the latest ...Inflation Cooldown: Fed Sees Progress but Warns of a Slow Burn
Tuesday 12th November - 6:11 pmThere’s data, and then there’s everyday reality. The October reading for the Consumer Price Index will ...Online Grocery Prices Dip for First Time Since Pandemic
Tuesday 12th November - 1:27 pmOnline grocery costs reportedly fell last month, their first dip since the COVID-19 pandemic. The cost ...Cautious Consumers, Hurricane Spend Define Home Depot’s B2B-Focused Third Quarter
Tuesday 12th November - 11:20 amThe Home Depot’s focus on the professional market remains unwavering, even as U.S. consumers curb ...Singles’ Day Sales Growth Slows Amid China’s Economic Challenges
Monday 11th November - 4:09 pmRetail sales made during China’s annual Singles’ Day shopping event reportedly slowed again this year ...41% of Zillennials Prioritize Price Over Brand Loyalty in Shopping
Monday 11th November - 4:00 amZillennials — who were born between 1991 and 1999 — are reshaping the retail market ...Fed Says Consumer Credit Decelerated in September; Card APRs Still at Multiyear Highs
Friday 8th November - 4:12 pmAll eyes were on the Federal Reserve’s interest rate cut this week. As widely expected, the ...Global Food Commodity Prices Reach Highest Level in 18 Months
Friday 8th November - 12:39 pmGlobally traded food commodities rose to their highest level in 18 months in October, driven ...Exclusive: Ahead of New Presidential Administration, Paycheck-to-Paycheck Consumers Feel Pinched
Thursday 7th November - 9:12 pmRegardless of whether they voted for Trump or for Harris, whether they live in a ...Primark Owner Forecasts Uptick in Lower-Income Consumer Confidence
Tuesday 5th November - 4:36 pmThe head of Associated British Foods has predicted rising confidence among lower-income consumers. As the Financial ...Target Plans Holiday-Themed Upgrades In Store and Online
Tuesday 5th November - 12:01 pmTarget is getting a holiday makeover as retailers prepare for a potentially tepid shopping season. The retailer announced recently ...Retailers Cut Christmas-Themed Item Orders Ahead of Lukewarm Holiday
Tuesday 5th November - 9:17 amAs the holiday shopping season begins, expect to see fewer Christmas-themed items in stores. Retailers such ...Will Slight Improvement in Overall Jobs Outlook Boost Confidence to Keep Spending?
Monday 4th November - 1:26 pmOn its surface, last week’s job report was anemic at best and confounding at worst. And ...NY Times Sees Digital Subscriptions Slow as Consumers Cut Spending
Monday 4th November - 10:22 amThe New York Times has reportedly seen digital subscriptions slow amid weakened consumer spending. The media ...Latest Consumer Data Shows Expenses Grew Faster Than Income in September
Thursday 31st October - 5:58 pmThe latest data from the Department of Commerce’s Bureau of Economic Analysis revealed that consumer ...Mastercard: Contactless Payments Now 70% of Face-to-Face Transactions
Thursday 31st October - 1:23 pmMastercard’s third-quarter earnings results demonstrated that consumers are still spending, and sentiment is healthy amid ...Starbucks Plans Revival Strategy as Customer Visits Decline
Wednesday 30th October - 10:06 pmFacing declining customer visits, Starbucks is set to embark on a restorative journey to reclaim ...Trending: Consumer Spending Drives Q3 GDP Despite Disposable Income Pressure
Wednesday 30th October - 5:56 pmIt’s a truism that as the U.S. consumer goes, so goes the economy. And consumers ...The CPG Playbook: Pivoting for Shifting Consumer Demands
Wednesday 30th October - 4:18 pmWith the fourth quarter now underway, major players in the consumer packaged goods (CPG) industry ...Affirm Updates BNPL App Ahead of Holiday Shopping Season
Wednesday 30th October - 11:54 amAhead of the holiday shopping season, payments network Affirm is upgrading its app. The company, known ...Private-Label Card Trends May Signal Uneven Holiday Spending
Tuesday 29th October - 5:57 pmPrivate-label credit cards, or store cards, make up a small percentage of overall consumer credit. The ...Consumer Confidence Marks Big Gain Despite Inflation Concerns
Tuesday 29th October - 2:48 pmOne week ahead of the election, we’re living in what might charitably be called uncertain ...Credit Card Delinquencies Crept Up in September Amid Renewed Spending
Sunday 27th October - 9:11 pmConsumers spent with confidence last month as retail sales climbed. And as Seeking Alpha noted in ...Consumer Sentiment Gets a Bump on Easing Interest Rates
Friday 25th October - 2:15 pmConsumers are feeling a bit more positive, notably about “buying conditions,” as shown in the ...Forget Cyber Monday: Evolving Habits Reshape Holiday Spending
Friday 25th October - 11:50 amAs the holiday season approaches, consumer shopping habits are shifting to earlier purchases and retailers ...Data: 88% of Consumers Still Prefer In-Person Grocery Shopping
Friday 25th October - 4:00 amAs consumer habits change, payment preferences are becoming segmented based on shopping channels. A PYMNTS Intelligence ...Fed’s Beige Book Finds Mixed Consumer Spending Amid ‘Elevated Uncertainty’
Thursday 24th October - 2:32 pmThe Federal Reserve’s Beige Book — released eight times a year, with the latest report ...Home Improvement Expected to Pick Up Amid Lower Interest Rates
Tuesday 22nd October - 1:50 pmThe home improvement business is reportedly expected to pick up, driven by lower interest rates ...Target to Make 2,000 More Price Cuts for Holiday Season
Tuesday 22nd October - 12:56 pmTarget will reduce regular prices on more than 2,000 items this holiday season. Combined with the ...PYMNTS’ Data-Driven Journey Through Payments Innovation
Saturday 19th October - 4:00 amOct. 20, 2009. The United States was starting to see daylight out of the darkness of ...Millennials and Gen Z Consumers Boost Amex Card Spend in Q3
Friday 18th October - 2:11 pmFor American Express, as has been a longstanding trend, it’s the younger consumers, cards in ...Procter & Gamble CFO Sees ‘Right Price Levels’ in US Market Amid Global Challenges
Friday 18th October - 1:32 pmRecent challenges in key markets, particularly China and the Middle East, have significantly impacted sales ...Walmart and Amazon Race to Address Consumer Price Anxiety
Friday 18th October - 4:00 amRetail giants Walmart and Amazon are reacting to consumers’ anxieties about holiday spending by rolling ...Discover CFO: Cautious Consumers Cause Slide in Card Volume
Thursday 17th October - 3:29 pmDiscover Financial Service’s third-quarter earnings results offered evidence that an acquisition by Capital One is ...Fannie Mae Upgrades Outlook on US Economy
Thursday 17th October - 2:29 pmAmerica’s economy is in a better place than previously thought, new Fannie Mae research shows. The mortgage company’s ...Back-to-School Shopping Drives Consumer Spending Surge in September
Thursday 17th October - 11:58 amSeptember’s retail sales data showed a (slight) acceleration of spending from August, though we’re well ...Citigroup CEO Sees ‘Surprisingly Resilient’ Global Consumer Spending
Tuesday 15th October - 6:12 pmCitigroup’s earnings Tuesday (Oct. 15) echo the sentiment of other banks that have reported in ...Bank of America CEO: Consumer Spending Results ‘Bodes Well’ For Economic Outlook
Tuesday 15th October - 5:57 pmInterest rate cuts might have been on the mind of the Wall St. analysts gathered ...Walgreens Rethinks Role of Pharmacy in Capturing Consumer Sales
Tuesday 15th October - 12:07 pmWalgreens Boots Alliance is undertaking a transformation focused on its retail pharmacy business in response ...New Starbucks Boss Reportedly Pulling Back on Discounted Drinks
Monday 14th October - 9:02 amDiscounted drinks are reportedly becoming rarer under the leadership of Starbucks’ new CEO. Brian Niccol became chief executive in ...Banking Giants Say Consumer Spending Remains Resilient Despite Inflation
Sunday 13th October - 6:29 pmAmerica’s biggest banks say consumers are still spending in spite of inflation. As Reuters reported Friday ...Halloween Has Retailers Scared as Consumers Trade Down
Sunday 13th October - 3:54 pmFor American retailers, Halloween 2024 could end up being more trick than treat. As Bloomberg News ...Pickleball’s Rapid Expansion Gets Lobbed into the Digital World
Saturday 12th October - 4:00 amPickleball’s meteoric rise to popularity isn’t a solely physical-world phenomenon anymore. Now, the sport is ...Wells Fargo: Rate Cut Should Ease Pressure on Lower-Income Consumers
Friday 11th October - 7:37 pmLower inflation and interest rates may give some relief to consumers who need it most, ...U. Mich. Consumer Index Slips Amid Unexpected Frustration Over High Prices
Friday 11th October - 5:30 pmConsumer sentiment inched down in early October amid continued frustration over the prices of goods ...JPMorgan CFO Says Consumer Spend Returning to ‘Normal’
Friday 11th October - 4:33 pmAs 2024 draws to a close, and as evidenced by management remarks and data in ...Luxury Retailers Merge and Partner Their Ways Through Economic Uncertainty
Friday 11th October - 3:04 pmThe luxury goods market is witnessing a notable trend toward strategic partnerships. Rather than retreating ...43% of Gen Z Consumers Prefer Buying Direct From Brands
Friday 11th October - 4:00 amAs younger consumers reshape the retail landscape, their motivations, preferences, and behaviors provide invaluable insights ...Latest CPI Data Finds Consumers Literally Spend More Bread to Buy Bread
Thursday 10th October - 11:52 pmIn economics, there’s often a bifurcation when it comes to data — the difference between ...Mass Market Retailers Cut Prices to Win Budget-Conscious Shoppers This Holiday Season
Thursday 10th October - 7:42 pmAs we approach the holiday season, mass merchants and dollar stores are unveiling a plethora ...AI Tools and Independent Sellers Key at Record Amazon Sales Event
Thursday 10th October - 2:55 pmAmazon says customers saved more than $1 billion during its October shopping event. The eCommerce giant touted this ...A Shelf Space Showdown: The Rise of Private Labels in Grocery Stores
Tuesday 8th October - 7:22 pmIn the ongoing battle for grocery shelf space, consumers are increasingly seeking value. Grocers are ...PepsiCo Adapts to Consumer Shift Toward Mini-Meals Amid Economic Pressures
Tuesday 8th October - 5:20 pmConsumer spending trends are evolving. Take, for example, eating habits. PepsiCo Tuesday (Oct. 8) reported ...Amazon’s Prime Big Deal Days: Early Indicator for Holiday Shopping Trends
Monday 7th October - 6:53 pmAs Amazon kicks off its Prime Big Deal Days on Tuesday (Oct. 8), the 48-hour ...Mixed Economic Signals: Strong Jobs Report, but Declining Confidence
Monday 7th October - 5:12 pmMonday (Oct. 7) marked a double dose of economic data that provided a continued diet ...EU Saves as US Consumers ‘Drive Global Economic Train’
Sunday 6th October - 5:39 pmEuropean consumers are saving at higher rates than before COVID as their American counterparts spend. As ...Card Networks and Issuers See Restaurant Booking Platforms as Top-of-Wallet Opportunity
Friday 4th October - 11:40 amDining out is getting more expensive. Consumers continue to spend on their cards, but the ...Cautious Consumers Lead Amazon to Join Target in Flat Holiday Hiring Trend
Thursday 3rd October - 1:29 pmAmazon plans to hire 250,000 workers for the upcoming holiday season, according to a Thursday ...Competition for Early Holiday Shoppers Won’t Start With Black Friday
Wednesday 2nd October - 3:48 pmAs the holiday shopping season approaches, retailers are rolling out early sales strategies to capture ...Rising Car Prices Could Mean Stalling Sales for Automakers
Tuesday 1st October - 8:55 amFor automakers, pre-pandemic sales highs might be in the rearview mirror. As The Wall Street Journal ...Retailers Face an Uncertain Holiday Season as Consumer Spending Slows
Friday 27th September - 11:12 amConsumers pulled back a bit on their spending increases in August, notching the slowest growth ...Stronger Q2 Data and Falling Jobless Claims May Offset Consumer Confidence Decline
Thursday 26th September - 1:04 pmThe latest revision to second-quarter GDP data is the third and final one. According to the ...Shifting Digital Payment Trends Prompt New Visa Credential System
Thursday 26th September - 4:00 amFor decades, different payment cards existed to serve different purposes: Credit cards have offered the ...Consumer Confidence Drops to 2-Year Low as Paycheck-to-Paycheck Segment Struggles
Tuesday 24th September - 4:55 pmFor lower-income consumers, the most vulnerable subset of the paycheck-to-paycheck economy, the outlook is, in ...Hark! Anthropologie Heralds Christmas in September
Saturday 21st September - 4:00 amIf you felt odd about the Christmas retail push starting as soon as Thanksgiving was ...Brazilian Banks: Consumer Spending Cuts Could Be Due to Rise in Online Sports Betting
Friday 20th September - 11:49 amOnline sports betting reportedly may be contributing to consumer spending growing slower than expected in ...Walmart Takes on Amazon With Earlier Holiday Deals Event
Thursday 19th September - 8:38 amWalmart says it is beginning its holiday shopping offerings earlier than ever. “This year, nearly 50% of ...Bank SEC Filings Show Higher Delinquencies, Charge-Offs as Consumers Load Up on Card Debt
Tuesday 17th September - 5:40 pmU.S. consumers are taking on more card debt than has been seen in years. And in ...Online Sales Bump August Retail Spending Higher
Tuesday 17th September - 12:46 pmConsumers are still spending, but the pace — at least as detailed in the latest ...Amazon Promotes Early Holiday Shopping as ‘Prime Big Deal Days’ Return
Tuesday 17th September - 9:33 amAmazon is resuming “Prime Big Deal Days” next month before the holiday shopping season. The eCommerce ...Dollar General Looks to In-Store Experiences to Attract Consumers
Monday 16th September - 8:31 pmDollar General’s second-quarter results show the impact of inflation on its primary customer base, and ...
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