PYMNTS-MonitorEdge-May-2024

inflation

U.S. Consumers Made $1.7T in Pandemic eCommerce Purchases 
U.S. Consumers Made $1.7T in Pandemic eCommerce Purchases 
March 15, 2022  |  eCommerce

U.S. consumers spent $1.7 trillion online from March 2020 to February 2022, Adobe announced during the kickoff of the Adobe Summit on Tuesday (March 15)....

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New Survey Shows Main Street Businesses Fighting Economic Uncertainty With 3 Key Investments
New Survey Shows Main Street Businesses Fighting Economic Uncertainty With 3 Key Investments
March 15, 2022  |  SMBs

Main Street U.S.A. business owners have endured two years of false starts and lost sales due to the pandemic, but many are optimistic about putting...

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Today in Retail: Discount Stores Become More Popular as Inflation Rises; UK Modernizes ‘Basket of Goods’ to Reflect Consumption Habits
Today in Retail: Discount Stores Become More Popular as Inflation Rises; UK Modernizes ‘Basket of...
March 14, 2022  |  Retail

Today in retail, SoftBank sells $1 billion in shares of eCommerce platform Coupang while brand aggregator Flummox raises $12.9 million to invest in its portfolio....

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Today in Food Commerce: Grocery Prices Skyrocket; DoorDash Expands White-Label Offerings
Today in Food Commerce: Grocery Prices Skyrocket; DoorDash Expands White-Label Offerings
March 11, 2022  |  Commerce Connected

Today in food commerce, grocery inflation soars, and Red Robin gears up for a new virtual brand launch. Plus, Tom Pickett, chief revenue officer at...

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Today in Retail: Consumers Navigating Highest Grocery Prices Since the 1980s; Savage X Fenty Lingerie Brand Eyeing IPO
Today in Retail: Consumers Navigating Highest Grocery Prices Since the 1980s; Savage X Fenty Lingerie...
March 11, 2022  |  Retail

Today in retail, Ulta Beauty holds its own in the increasingly competitive beauty care sector, while APIs play an important role for businesses when it...

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Yellen: Russia’s Attack Could Keep Inflation High for Another Year
Yellen: Russia’s Attack Could Keep Inflation High for Another Year
March 11, 2022  |  Economy

Russia’s attack on Ukraine has upended the likelihood that high inflation will be leveling off any time soon.  “I think there’s a lot of uncertainty...

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Highest Grocery Inflation in 40 Years has Consumers Running to Big-Name Brands
Highest Grocery Inflation in 40 Years has Consumers Running to Big-Name Brands
March 11, 2022  |  Retail

Food prices are soaring the quickest they have since the early ’80s. The U.S. Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) released Thursday...

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Online Grocery Prices in US Jump 7.6% in February Excluding Delivery
Online Grocery Prices in US Jump 7.6% in February Excluding Delivery
March 10, 2022  |  Retail

The price of online grocery purchases across the U.S. jumped by a record-setting 7.6% in February compared to a year ago, and that’s without factoring...

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ECB Ends Bond-Buying Program Early, Prepares for Interest Hikes
ECB Ends Bond-Buying Program Early, Prepares for Interest Hikes
March 10, 2022  |  Economy

The European Central Bank (ECB) is ending its bond-buying program earlier than anticipated as it prepares for a possible interest rate increase later in the...

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