Consumer Spending

Nike Layoffs Point to Economic Pressures on Retail Spending
Nike Layoffs Point to Economic Pressures on Retail Spending
February 16, 2024  |  Personnel

Nike is laying off thousands of employees, as consumers’ ongoing financial pressures make it harder for them to justify nonessential purchases, such as adding more...

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Consumers’ Retail Inflation Expectations Are Beginning to Ease
Consumers’ Retail Inflation Expectations Are Beginning to Ease
February 16, 2024  |  Consumer Insights

As consumers look ahead to the rest of the year, many are not as concerned about retail inflation as they once were. Get the Full...

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Bank of America and Starbucks Partner on Rewards Program
Bank of America and Starbucks Partner on Rewards Program
February 15, 2024  |  Loyalty & Rewards

Customers of Bank of America and Starbucks can now earn more benefits by linking those accounts. Get the Full Story Complete the form to unlock this article and enjoy...

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Is January’s Retail Sales Slump a Blip or Harbinger of Things to Come?
Is January’s Retail Sales Slump a Blip or Harbinger of Things to Come?
February 15, 2024  |  Economy

The questions swirling amid the January sales slump boils down to these: Get the Full Story Complete the form to unlock this article and enjoy...

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Kraft Heinz Sales Dip as Shoppers Make ‘Smaller Trips’
Kraft Heinz Sales Dip as Shoppers Make ‘Smaller Trips’
February 14, 2024  |  Earnings

From dollar store shoppers to wealthier club store members, consumers are seeking value. Get the Full Story Complete the form to unlock this article and...

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Consumers Increasingly Trade Down to Less Expensive Retailers
Consumers Increasingly Trade Down to Less Expensive Retailers
February 14, 2024  |  Consumer Insights

While many of consumers’ cost-conscious behaviors in response to inflation are easing slightly, retail shoppers are increasingly switching to lower-cost stores. Get the Full Story...

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Retailers Expand Private-Label Push as Shoppers Continue to Trade Down
Retailers Expand Private-Label Push as Shoppers Continue to Trade Down
February 14, 2024  |  Retail

Retailers such as Target, Macy’s and Walgreens are taking a harder look at their private-label offerings, as PYMNTS Intelligence research shows that ongoing financial pressures...

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Sony Plans Financial Services IPO as PS5 Sales Cool
Sony Plans Financial Services IPO as PS5 Sales Cool
February 14, 2024  |  IPO

Electronics/entertainment giant Sony plans to take its financial services unit public next fall. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Hasbro’s Digital Push Not Enough to Offset Consumer Belt-Tightening on Nonessentials
Hasbro’s Digital Push Not Enough to Offset Consumer Belt-Tightening on Nonessentials
February 13, 2024  |  Retail

Hasbro may be seeing digital growth via its gaming business, but as consumers buy fewer nice-to-have products, the toys and games company continues to struggle....

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