PYMNTS-MonitorEdge-May-2024

Consumer Spending

Report: Trump Tariffs Could Cost Consumers $78 Billion Per Year
Report: Trump Tariffs Could Cost Consumers $78 Billion Per Year
November 24, 2024  |  Economy

Recent research shows that President-elect Donald Trump’s tariff proposals could cost American consumers. A report earlier this month from the National Retail Federation (NRF) showed...

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China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched
China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched
November 24, 2024  |  Retail

While Chinese consumers are struggling, the country’s secondhand luxury market is reportedly thriving. As the Financial Times (FT) reported Sunday (Nov. 24), companies such as...

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Leading Indicators: Bumpy Holiday Season for Consumers, and Maybe B2B Too?
Leading Indicators: Bumpy Holiday Season for Consumers, and Maybe B2B Too?
November 22, 2024  |  Economy

This week, PYMNTS Intelligence noted the appeal of paying over time — especially now, headed into the holiday shopping season, which starts, well, now. Our...

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Exclusive: BNPL, Mobile Banking Embraced by Low-Income Consumers
Exclusive: BNPL, Mobile Banking Embraced by Low-Income Consumers
November 22, 2024  |  Consumer Insights

PYMNTS Intelligence’s long-standing chronicling of the paycheck-to-paycheck economy has revealed shifts in how consumers conduct their daily financial lives and pay. Given that the paycheck-to-paycheck...

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Amazon vs Walmart Holiday Battle May Come Down to Loyalty Programs
Amazon vs Walmart Holiday Battle May Come Down to Loyalty Programs
November 21, 2024  |  Retail

As the holiday shopping season approaches, the competition between retail giants Walmart and Amazon intensifies, shaping the eCommerce landscape. Both companies have established themselves as...

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Holiday Spending Surge: 60M US Shoppers Swayed by Upfront Pay Later Options
Holiday Spending Surge: 60M US Shoppers Swayed by Upfront Pay Later Options
November 21, 2024  |  Shopping

Merchants have a critical opportunity to capture consumer spending by strategically positioning pay later options. But do merchants miss out due to delaying visibility? Yes....

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Target CEO Says Consumer Budgets Are Being ‘Stretched’
Target CEO Says Consumer Budgets Are Being ‘Stretched’
November 20, 2024  |  Earnings

As economic uncertainty and rising costs continue to impact consumers, shoppers are more cautious with their spending, according to Target CEO Brian Cornell. Faced with...

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Credit Crunch Crushes Dreams: Millions Face Loan Rejections, NY Fed Reports
Credit Crunch Crushes Dreams: Millions Face Loan Rejections, NY Fed Reports
November 20, 2024  |  Debt

Credit is getting harder to come by, especially for auto loans, mortgages and those with low credit scores. Amid an environment where lenders are tightening,...

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High-Income Shoppers Load Up Their Grocery Carts at Walmart
High-Income Shoppers Load Up Their Grocery Carts at Walmart
November 19, 2024  |  Walmart

During the latest conference call with analysts, Walmart’s management observed that that, in a quarter where same-store sales were up 5.3% in the United States,...

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