consumer insight

20% of Financially Unstable Consumers Cite Discretionary Spending as Reason
20% of Financially Unstable Consumers Cite Discretionary Spending as Reason
May 29, 2024  |  Consumer Insights

Nonessential spending is far from the No. 1 reason that consumers struggle with financial instability, but for a significant share of those living paycheck to...

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Ross Stores COO: Shoppers’ Cost-Cutting Behaviors Fuel Off-Priced Retail Growth
Ross Stores COO: Shoppers’ Cost-Cutting Behaviors Fuel Off-Priced Retail Growth
May 23, 2024  |  Retail

With consumers cutting back on discretionary spending while trading down to value-focused merchants, Ross Stores is seeing these belt-tightening behaviors prove to be a mixed...

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38% of Consumers Earning Over $100K Carry Co-Branded Credit Cards
38% of Consumers Earning Over $100K Carry Co-Branded Credit Cards
May 13, 2024  |  Credit Cards

PYMNTS Intelligence finds that 2.5 times as many consumers possess a general-use credit card than own a co-branded credit or store card.  Yet, because 27%...

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Mondelez Sees US Snack Volume Decline Amid ‘Mixed’ Consumer Confidence
Mondelez Sees US Snack Volume Decline Amid ‘Mixed’ Consumer Confidence
April 30, 2024  |  Earnings

Consumer confidence in the United States is mixed, with many shoppers looking for deals when it comes to chocolate, biscuits and baked snacks. That finding contrasts with...

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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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Consumer Anxiety Over Debt Highest Since Pandemic  
Consumer Anxiety Over Debt Highest Since Pandemic  
April 09, 2024  |  Consumer Insights

The latest data from the Federal Reserve Bank of New York reveals that consumer concerns about inflation are holding steady, but their anxieties over debt are on...

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Nearly 6 in 10 US Consumers Live Paycheck to Paycheck 
Nearly 6 in 10 US Consumers Live Paycheck to Paycheck 
April 04, 2024  |  Consumer Finance

When asked to describe their financial situation recently, nearly one-third of Americans said they are meeting their expenses “with a little left over.” When asked to...

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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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NRF Expects ‘Moderate but Steady’ Retail Sales Growth in 2024
NRF Expects ‘Moderate but Steady’ Retail Sales Growth in 2024
March 20, 2024  |  Retail

The National Retail Federation (NRF) expects retail sales to grow between 2.5% and 3.5% in 2024. That forecast is in line with the 2023 annual sales growth...

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