Consumer Spending

From Travel to Coffee to eCommerce, Consumers are Pulling Back
From Travel to Coffee to eCommerce, Consumers are Pulling Back
August 09, 2024  |  Retail

Consumers are thinking twice before pulling the trigger to buy even everyday items — a hesitation to spend that’s evidencing itself in slowdowns and headwinds for...

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How Consumers Shop: Five Insights From This Year’s PYMNTS Intelligence Reports
How Consumers Shop: Five Insights From This Year’s PYMNTS Intelligence Reports
August 09, 2024  |  Retail

So far this year, PYMNTS Intelligence data has illuminated a wide range of shopper behaviors, highlighting how omnichannel engagement is changing over time and how...

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QVC CEO Aims Social Commerce at Gen Z Parents
QVC CEO Aims Social Commerce at Gen Z Parents
August 08, 2024  |  Retail

Amid merchants’ gold rush for young consumers’ social commerce spending, Qurate Retail is focusing on an often-overlooked demographic: Generation X and baby boomer women on...

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J.P. Morgan’s Dimon: Credit Trends Are Normalizing, but No Signs of Near-Term Recession
J.P. Morgan’s Dimon: Credit Trends Are Normalizing, but No Signs of Near-Term Recession
August 07, 2024  |  Economy

Low-income consumers may be pulling back, and high-income consumers may wind up spending their excess funds by the end of the year. However, J.P. Morgan...

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Coupang Prioritizes Deepening Customer Engagement Over Acquisition
Coupang Prioritizes Deepening Customer Engagement Over Acquisition
August 07, 2024  |  Earnings

Around the world, eCommerce companies look to grow their share of consumers’ overall retail spending. For Coupang, the real opportunity lies in boosting current customers’...

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Resy: Consumer Demand for Restaurant Reservations Has Not Slowed
Resy: Consumer Demand for Restaurant Reservations Has Not Slowed
August 07, 2024  |  Economy

Resy, a restaurant reservation platform owned by American Express, reportedly sees no evidence of a weakening of consumer sentiment among its customers. Consumer demand for...

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Spirits Distilleries Say Rising Delivery Costs Have Consumers Cautious About Buying Booze Online
Spirits Distilleries Say Rising Delivery Costs Have Consumers Cautious About Buying Booze Online
August 07, 2024  |  Retail

As consumers seek to balance convenience and cost, alcoholic beverage brands are seeing current economic pressures hamper enthusiasm for beer, wine and spirits delivery. In...

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The RealReal: Luxury Resale Shoppers Demand More Bang for Their Buck
The RealReal: Luxury Resale Shoppers Demand More Bang for Their Buck
August 06, 2024  |  Earnings

As consumers across income groups feel economic pressure, luxury secondhand marketplace The RealReal is seeing its customers continue to spend but demand more value for...

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Simon Property Group Remains Optimistic About Consumer Spending in Retail
Simon Property Group Remains Optimistic About Consumer Spending in Retail
August 05, 2024  |  Retail

While there are signs in the broader economy that a consumer-led recession could be on the way, real estate investment trust Simon Property Group remains...

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