PYMNTS-MonitorEdge-May-2024

holiday shopping

Macy’s Holiday Warning Portends Pressure on Private-Label Card Spending
Macy’s Holiday Warning Portends Pressure on Private-Label Card Spending
January 08, 2023  |  Retail

Macy’s rocky holiday season signals consumers are hesitant to use plastic — particularly private-label cards. Friday after the stock markets closed, the retailing giant issued...

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Mastercard Data Shows Inflation’s Impact on Holiday Shopping
Mastercard Data Shows Inflation’s Impact on Holiday Shopping
December 26, 2022  |  Consumer Insights

Inflation changed the way Americans did their holiday shopping this year Mastercard’s latest Spending Pulse report shows. “This holiday retail season looked different than years...

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98M Consumers Plan to Finance Holiday Gifts This Year
98M Consumers Plan to Finance Holiday Gifts This Year
December 22, 2022  |  Retail

Gift giving is on everyone’s mind, and financing what they’ll spend on holiday gifts is, too. The holidays are fully here, and Christmas is but...

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What Is the Paycheck-to-Paycheck Consumer?
What Is the Paycheck-to-Paycheck Consumer?
December 20, 2022  |  Consumer Finance

“Paycheck to paycheck” refers to a situation where an individual or household relies on their regular paychecks to meet their expenses and financial obligations, with...

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America’s Household Income Continues Three-Quarter Slide
America’s Household Income Continues Three-Quarter Slide
December 12, 2022  |  Economy

U.S. household income declined this summer for the third straight quarter as stock prices fell. That’s according to the Federal Reserve’s latest Financial Accounts of...

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Costco’s Record Black Friday Not Enough to Stem eCommerce Slump 
Costco’s Record Black Friday Not Enough to Stem eCommerce Slump 
December 09, 2022  |  Retail

Costco’s strong membership and renewals were not enough to offset a slump in digital sales. According to Costco CFO Richard Galanti, while the retailer’s 847...

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It’s ‘Deal or No Deal’ for Cash-Strapped Holiday Shoppers
It’s ‘Deal or No Deal’ for Cash-Strapped Holiday Shoppers
December 06, 2022  |  Shopping

Tight budgets are putting merchants in a bind this holiday season. Fifty-six million consumers across the United States say they are skipping holiday shopping entirely...

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Welcome to the Less Worse Than Expected Holiday
Welcome to the Less Worse Than Expected Holiday
December 02, 2022  |  Retail

The Fed, the largest grocer and now Amazon all offered hope on consumers and inflation. The trio of comments this week come in the wake...

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Consumer Confidence Bruised by Economic Realities
Consumer Confidence Bruised by Economic Realities
November 29, 2022  |  Economy

The twin specters of inflation and rising interest rates continue to spook consumer confidence. After losing ground in October, U.S. consumer confidence is doing even...

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