holidays

From Slump to Surge, Ads and Influencers Revive Black Friday
From Slump to Surge, Ads and Influencers Revive Black Friday
November 27, 2023  |  Retail

Despite the price hikes that threatened the Black Friday spirit, 2023 saw shoppers rising to the occasion with a 10% surge in participation compared to...

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Side Gigs Help Ease Paycheck-to-Paycheck Consumers’ Financial Stress This Holiday
Side Gigs Help Ease Paycheck-to-Paycheck Consumers’ Financial Stress This Holiday
November 23, 2023  |  Consumer Finance

In today’s challenging economic climate, many consumers find themselves living paycheck to paycheck and struggling to make ends meet. This is why a significant number...

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Temu and Shein Struggle to Convert Visits Into Transactions 
Temu and Shein Struggle to Convert Visits Into Transactions 
November 22, 2023  |  eCommerce

Online retailers Temu and Shein reportedly draw millions of visitors to their websites but struggle to convert those visits to sales.  Despite their popularity, the two retailers still lag...

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Consumers Brace to Cut Back on Restaurant Dining Over Holidays
Consumers Brace to Cut Back on Restaurant Dining Over Holidays
November 22, 2023  |  Consumer Insights

As the holiday season pressures budgets, most consumers plan to reduce their spending on restaurant dining. By the Numbers The PYMNTS Intelligence study “The Credit...

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Consumer Sentiment Continues Sliding as Households Brace for Higher Inflation
Consumer Sentiment Continues Sliding as Households Brace for Higher Inflation
November 22, 2023  |  Economy

Perception is reality, goes the old saying. And the perception right now is that inflation is a staple of everyday life, that no one should...

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This Week in AI: Sam Altman, for-Profits and Enterprise Accelerationism
This Week in AI: Sam Altman, for-Profits and Enterprise Accelerationism
November 22, 2023  |  Artificial Intelligence

The generative artificial intelligence landscape showed some of its biggest growing pains this week. And those growing pains gave industry observers a case of whiplash....

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Sephora Keeps Kohl’s Registers Ringing as Other Categories Weaken
Sephora Keeps Kohl’s Registers Ringing as Other Categories Weaken
November 21, 2023  |  Retail

As temperatures stayed warm in September and October, Kohl’s discovered that it had a surplus of its cold weather inventory beyond what was initially expected....

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Best Buy Lowers Sales Outlook as Black Friday Looms
Best Buy Lowers Sales Outlook as Black Friday Looms
November 21, 2023  |  Earnings

Best Buy says cooling consumer demand for appliances helped drive down third-quarter sales. The company’s drop in revenue led it to lower its annual sales forecast Tuesday (Nov....

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Digital Transformation Prompts Small Restaurants to Streamline Holiday Menus
Digital Transformation Prompts Small Restaurants to Streamline Holiday Menus
November 20, 2023  |  Restaurant innovation

As the rise of digital ordering has increased the popularity of restaurant takeout, independent restaurants are rethinking their holiday season menus for off-premises optimization. In...

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