PYMNTS-MonitorEdge-May-2024

inflation

Inflation Concerns Drive Down Consumer Confidence Index
Inflation Concerns Drive Down Consumer Confidence Index
June 28, 2022  |  Economy

The Consumer Confidence Index hit its lowest level since February 2021, falling to 98.7, a report from the Confidence Board said Tuesday (June 28). The...

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Amazon Follows Grocery Loyalty Trend, Extends Prime Benefits to Fresh
Amazon Follows Grocery Loyalty Trend, Extends Prime Benefits to Fresh
June 28, 2022  |  Subscription Commerce

As grocers look to secure consumers’ loyalty in the face of steep competition, many are leveraging membership and subscription offerings to build deeper relationships with...

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BNPL Offers Luxury Sales Lifeline as Economic Storm Gathers
BNPL Offers Luxury Sales Lifeline as Economic Storm Gathers
June 28, 2022  |  BNPL

When the recession hits — and a recession is looking more and more like a matter of when, not if — spending on luxury retail...

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US Retail Inventories Reach 7-Month Low
US Retail Inventories Reach 7-Month Low
June 28, 2022  |  Retail

American retail inventories rose 17.3% between May 2021 and May 2022, the Census Bureau reported Tuesday (June 28). The report shows inventories of $705.3 billion,...

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Durable Goods Report Shows Consumer Spending Holding Up Under Strain
Durable Goods Report Shows Consumer Spending Holding Up Under Strain
June 27, 2022  |  Economy

Durable goods are proving … well, durable. Even with inflation running red hot. And that means that businesses anticipate the consumers are going to keep...

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Citing Inflation, Just Eat Takeaway Hikes Commissions
Citing Inflation, Just Eat Takeaway Hikes Commissions
June 27, 2022  |  Delivery

Europe’s largest online meal ordering service is raising the commission it charges to restaurants throughout the region. As Reuters reported Monday (June 27), Just Eat...

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NEW DATA: Two-Thirds of Paycheck-to-Paycheck Consumers Faced Financial Disruption in Last 36 Months
NEW DATA: Two-Thirds of Paycheck-to-Paycheck Consumers Faced Financial Disruption in Last 36 Months
June 27, 2022  |  Consumer Finance

Consumers hailing from all income brackets are feeling mounting pressure from rising inflation and economic uncertainty. PYMNTS’ research finds that 58% of United States consumers...

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Grocery Roundup: Albertsons Boosts Ad Offerings; Kroger Continues eCommerce Fulfillment Center Rollout
Grocery Roundup: Albertsons Boosts Ad Offerings; Kroger Continues eCommerce Fulfillment Center Rollout
June 23, 2022  |  Commerce

As food prices rise, many grocers are looking to supplement their sales revenue by growing their advertising businesses. Albertsons Media Collective, the retail media arm...

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Olive Garden Parent Predicts Food Inflation Will Blow Over
Olive Garden Parent Predicts Food Inflation Will Blow Over
June 23, 2022  |  Earnings

As restaurants face inflationary challenges, brands are taking different approaches to make the economics work both in the short and long term. Darden Restaurants, the...

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