The end of 2023 provided little reprieve from rising prices, even as the impending holidays encouraged consumers to manage spending. The need to save made card-linked offers especially attractive to budget-conscious shoppers. Discounts and rewards were key drivers of consumer interest in and use these...
Inflation’s been the main concern for merchants and consumers through the past few years. But as PYMNTS Intelligence data shows, inflation’s impact on retail, in real terms, is ebbing. Now, many other factors may wind up dampening the enthusiasm to open one’s wallet: Worries over...
Economic activity in the United States remained relatively stable from mid-November through December. While a majority of the 12 Federal Reserve Districts reported little or no change in economic activity, three noted modest growth, and one reported a moderate decline, the Federal Reserve said Wednesday...
The 2023 holiday shopping season provided little reprieve from rising prices, and United States consumers sought ways to manage spending. This made card-linked offers especially attractive to budget-conscious shoppers. In fact, discounts and rewards were key drivers of consumer interest in and use of these...
December 29, 2023
At the start of the month, the CEO of Walmart explained challenges in predicting the post-holiday sales outlook for 2024. Meanwhile, Amazon is mastering the art of balance by cashing in on ads, inserting them into Prime Video content from Jan. 29 onward. During an interview with CNBC on Dec. 6, Doug McMillon rang up […]
December 05, 2023
’Tis the season … … to puzzle out how to get everyone on your list, well, satisfied. Without breaking the bank. PYMNTS Intelligence data, headed into the holiday shopping frenzy...
November 28, 2023
Whether a retailer rang up a sales symphony or lagged behind this quarter, they all evaluated a common make-or-break factor: the significance of delivering value to the customer. And if...
November 23, 2023
Amid the festive cheer, the holiday season is also accompanied by economic uncertainties and inflationary pressures. Consequently, numerous consumers in the United States are gearing up to reduce their spending...
April 25, 2024
American consumers are projected to spend $33.5 billion on their moms next month. That’s according to new data from the National Retail Federation (NRF), which noted that amount is the second-highest in the history of its surveys of spending on Mother’s Day, following last year’s record of $35.7 billion. “Mother’s Day is a time to […]
January 17, 2024
Economic activity in the United States remained relatively stable from mid-November through December. While a majority of the 12 Federal Reserve Districts reported little or no change in economic activity,...
December 13, 2023
A slowdown in luxury spending, combined with excessive inventory levels for the holiday season, has reportedly prompted fears of a discounting spiral that could cheapen the image of luxury brands....
December 11, 2023
Nestle, the maker of Quality Street, and Mondelez, the owner of Cadbury, are experiencing increased sales of confectionery in the United Kingdom this holiday season. Cash-strapped shoppers, looking for more affordable gifts, are...
