PYMNTS-MonitorEdge-May-2024

inflation

Consumer Sentiment Sinks to Record Lows Over Inflation Concerns
Consumer Sentiment Sinks to Record Lows Over Inflation Concerns
June 12, 2022  |  Economy

The consumer sentiment for June is worsening, according to the monthly Survey of Consumers by the University of Michigan, with the index sitting at 50.2,...

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Restaurant Roundup: Panera, Tim Hortons Open Off-Premise-Only Locations
Restaurant Roundup: Panera, Tim Hortons Open Off-Premise-Only Locations
June 10, 2022  |  Restaurant Roundup

Major bakery-café fast-casual chain Panera Bread is turning its focus to off-premise channels with its new digital-order-only format. On Friday (June 10), the brand announced...

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1 in 3 Consumers Earning $250K Live Paycheck to Paycheck
1 in 3 Consumers Earning $250K Live Paycheck to Paycheck
June 10, 2022  |  Personal Finance

As rising inflation makes it increasingly difficult to pay bills and build savings, U.S. consumers of all types are now living paycheck to paycheck —...

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Today in Food Commerce: Target Prioritizes Grocery; Taco Bell Reimagines Drive-Thrus
Today in Food Commerce: Target Prioritizes Grocery; Taco Bell Reimagines Drive-Thrus
June 08, 2022  |  Commerce

Today in food commerce, Target announces a push to address its supply chain challenges that includes focusing on its food and beverage business, and PYMNTS...

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Today in Retail: Amazon Ramps Up Fraud Protection Tactics; Home Depot, Adobe Team on Omnichannel Experiences
Today in Retail: Amazon Ramps Up Fraud Protection Tactics; Home Depot, Adobe Team on Omnichannel...
June 08, 2022  |  Retail

Today in retail, Uber Eats launches a nationwide food delivery offering, while Ollie’s Bargain Outlet expects to see a retail “trade-down” in the next three...

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Insufficient Funds Caused 27% of Consumer Payment Declines in April
Insufficient Funds Caused 27% of Consumer Payment Declines in April
June 07, 2022  |  Consumer Finance

In April, insufficient funds became the most common reason that consumers’ payments were declined, according to “Digital Economy Payments,” a PYMNTS report based on a...

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Today in Food Commerce: Domino’s Targets Inflation Concerns; Uber Eats Launches Nationwide Shipping
Today in Food Commerce: Domino’s Targets Inflation Concerns; Uber Eats Launches Nationwide Shipping
June 07, 2022  |  Commerce

Today in food commerce, Domino’s announces a half-off deal in the face of rising restaurant prices, and Uber Eats announces a new nationwide shipping option....

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With Vacation Demand Rising, Travel App Hopper Unveils Cost Saving Tools
With Vacation Demand Rising, Travel App Hopper Unveils Cost Saving Tools
June 07, 2022  |  Travel Payments

With desire for summer vacations competing with consumer anxiety, travel app Hopper has rolled out a suite of FinTech flexibility products designed to help people...

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Today in Food Commerce: DoorDash Acquires Wolt; Chipotle Accepts Crypto Nationwide
Today in Food Commerce: DoorDash Acquires Wolt; Chipotle Accepts Crypto Nationwide
June 02, 2022  |  Commerce

Today in food commerce, DoorDash announces the completion of its acquisition of Finnish aggregator Wolt, and payments network Flexa announces that Chipotle is now accepting...

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