Consumer Spending

The RealReal Soars as Luxury Shoppers Cut Back
The RealReal Soars as Luxury Shoppers Cut Back
December 19, 2024  |  Retail

The luxury fashion world’s loss has been The RealReal’s gain this year. As The Wall Street Journal (WSJ) reported Thursday (Dec. 19), sales for the luxury resale website have...

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Inflation Pushes Consumers to Seek Everyday Value From Credit Card Rewards
Inflation Pushes Consumers to Seek Everyday Value From Credit Card Rewards
December 18, 2024  |  Credit Cards

Rewards are among the key determinants in how consumers choose — and use — credit cards. In the PYMNTS Intelligence report “The Role of Rewards...

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Trending: eCommerce Spending Accelerates in November and Boosts Retail Sales
Trending: eCommerce Spending Accelerates in November and Boosts Retail Sales
December 17, 2024  |  Economy

November’s consumer spending was buoyant, as eCommerce sales rebounded from a tepid pace in October. Chalk it up to the festive season, but there are...

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Retailers Rewrite Playbooks as Consumers Tighten Budgets, Shift Spending
Retailers Rewrite Playbooks as Consumers Tighten Budgets, Shift Spending
December 17, 2024  |  Consumer Insights

Retailers across the U.S. are confronting a new era of cautious spending as consumers tighten their belts in response to ongoing economic pressure. Inflation, rising...

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Booking CFO: Inflation Continues to Scare US Travelers
Booking CFO: Inflation Continues to Scare US Travelers
December 17, 2024  |  Travel Payments

Booking.com says the impact of inflation continues to hamstring the U.S. travel industry. Demand is down as cautious consumers hold off on making their vacation...

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Luxury Brands Turn to Outlet Stores as Consumers Cut Back
Luxury Brands Turn to Outlet Stores as Consumers Cut Back
December 16, 2024  |  retail

With their sector facing a downturn, luxury brands are reportedly pinning their hopes on outlets. As The Wall Street Journal (WSJ) reported Monday (Dec. 16), retailers, and...

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‘I Do’ Delivered: DoorDash’s Bridal Offering Shows eCommerce Knows No Limits
‘I Do’ Delivered: DoorDash’s Bridal Offering Shows eCommerce Knows No Limits
December 14, 2024  |  Delivery

Competition is a click away in commerce, and traditional barriers to purchase can send customers shopping elsewhere. Even the once-sacred tradition of wedding dress shopping...

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CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
December 12, 2024  |  Consumer Finance

The new (and reportedly final) rule on overdraft fees may have consumer groups — and consumers — cheering. But the Consumer Financial Protection Bureau’s (CFPB)...

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Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans
Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans
December 11, 2024  |  Consumer Insights

Last December, PYMNTS Intelligence detailed in its “Credit Card Use Deep Dive” report that about 14% of the more than 3,500 consumers surveyed had subprime...

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