consumer insights

Why Zillennials Will Rule the Digital Economy
Why Zillennials Will Rule the Digital Economy
May 21, 2024  |  Consumer Insights

The Census Bureau collects demographic data on the birthrates of those living in the United States and groups them into age-related cohorts based on the...

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Consumers Opt-In for Digital Wallet Options That Manage Spending
Consumers Opt-In for Digital Wallet Options That Manage Spending
May 17, 2024  |  Payment Methods

As consumers look for simpler and more intuitive eCommerce experiences, Harvest Hosts sees providing more payment options as key to meeting shoppers’ demand to be able to...

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Ex-Walmart US CEO Bill Simon Says Retailer Won’t Keep Affluent Shoppers
Ex-Walmart US CEO Bill Simon Says Retailer Won’t Keep Affluent Shoppers
May 17, 2024  |  Retail

Walmart shouldn’t count on keeping the affluent customers it has recently gained, the retailer’s former U.S. CEO Bill Simon said Thursday (May 16). Speaking on CNBC’s Fast Money,...

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Shoppers Spend Twice as Much with General Purpose Credit Card Installment Plans than BNPL
Shoppers Spend Twice as Much with General Purpose Credit Card Installment Plans than BNPL
May 16, 2024  |  BNPL

Pay later plans break up the cost of purchases into smaller scheduled payments over time. These plans have gained popularity with consumers. However, PYMNTS Intelligence...

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12% of Shoppers Would Use Embedded Lending at Favorite Stores if Offered
12% of Shoppers Would Use Embedded Lending at Favorite Stores if Offered
May 14, 2024  |  BNPL

For a sizable share of consumers, embedded lending options such as buy now, pay later (BNPL) would be their first choice of payment method at...

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Fed Says Consumers See Higher-for-Longer Inflation
Fed Says Consumers See Higher-for-Longer Inflation
May 13, 2024  |  Consumer Insights

Consumers are girding for inflation to settle in over the long haul. But they intend to keep spending. As reported on Monday (May 13), the  Federal...

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Fast-Casual Dining Slows Amid Consumer Pressure
Fast-Casual Dining Slows Amid Consumer Pressure
May 12, 2024  |  Consumer Insights

Consumer caution at restaurants is reportedly dampening business at fast-casual eateries. As Bloomberg News reported Saturday (May 11), restaurants such as Red Lobster — which is...

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New Q1 Data Finds Older Demographics Driving Surge in Travel Spend
New Q1 Data Finds Older Demographics Driving Surge in Travel Spend
May 10, 2024  |  Travel Payments

They’re probably not going to Paris to see Taylor Swift. But spending among older, high-income consumers has led a Q1 travel surge that cuts across income...

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Groupon: American Consumers Are Spending More on Experiences, Less on Products
Groupon: American Consumers Are Spending More on Experiences, Less on Products
May 09, 2024  |  Earnings

As consumers step up their spending on travel and on local experiences, Groupon noted, they are pulling back on buying products.  The eCommerce marketplace shared...

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