Consumer Spending

Richemont’s Sales Soar on Strong Demand in China and Japan

Richemont’s Sales Soar on Strong Demand in China and Japan
Richemont’s Sales Soar on Strong Demand in China and Japan
January 19, 2024  |  Retail

Inflation-pressured consumers tend to cut back on their luxury purchases.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Most Gen X Cardholders Revolve Their Balances, Leading All Generations
Most Gen X Cardholders Revolve Their Balances, Leading All Generations
January 19, 2024  |  Consumer Finance

In times of financial hardship, revolving a credit card balance to future months rather than paying it off entirely is a strategy consumers commonly adopt....

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50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
January 18, 2024  |  Payment Methods

The use of split-pay plans is already widespread, and the last holiday shopping season was no exception, with consumers relying on different installment plans. The...

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PYMNTS Data: Inflation-Adjusted Retail Sales Offer Hope for Merchants Beyond the Holiday Surge
PYMNTS Data: Inflation-Adjusted Retail Sales Offer Hope for Merchants Beyond the Holiday Surge
January 18, 2024  |  Economy

Inflation’s been the main concern for merchants and consumers through the past few years. Get the Full Story Complete the form to unlock this article...

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Tipping Costs Drive Nearly 30% of Consumers to Reduce Hotel Spending
Tipping Costs Drive Nearly 30% of Consumers to Reduce Hotel Spending
January 18, 2024  |  Consumer Insights

Rising prices are affecting American households, leading to reduced consumer spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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What Brands and Retailers Need to Know About the Gen Z Consumer
What Brands and Retailers Need to Know About the Gen Z Consumer
January 16, 2024  |  Consumer Insights

Gen Z – don’t forget about them.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Hugo Boss’ Digital Sales Up by 26% in Q4 as It Targets Gen Z and Millennials
Hugo Boss’ Digital Sales Up by 26% in Q4 as It Targets Gen Z and...
January 16, 2024  |  Retail

Is it a case of normalization, inflation, or simply a need for brands and retailers to put in extra effort to connect with consumers, particularly...

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Is the Luxury Slowdown Normalization or Inflation? 
Is the Luxury Slowdown Normalization or Inflation? 
January 16, 2024  |  Retail

There was a time last year when we heard luxury retailers say that the slowdown they were experiencing was a sign of “normalization,” but now...

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Millennials Value Personalized Offers the Most
Millennials Value Personalized Offers the Most
January 16, 2024  |  Consumer Insights

Millennials are one of the main classes of consumers for certain categories of products such as clothing, personal care and home spending. Though they don’t...

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