Consumer Spending

Luxury Spending Continues to Slow Amid Geopolitical Uncertainty and Inflation

Luxury Spending Continues to Slow Amid Geopolitical Uncertainty and Inflation
Luxury Spending Continues to Slow Amid Geopolitical Uncertainty and Inflation
December 13, 2023  |  Retail

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...

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Competition for Consumers’ Grocery Spending Heats up Among Discount Retailers
Competition for Consumers’ Grocery Spending Heats up Among Discount Retailers
December 13, 2023  |  Economy

After years of trade-down in grocery and discount retailers’ consequent efforts to woo consumers with their food and beverage offerings, the space has grown significantly...

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Consumers Look for Ways to Pay for Holiday Travel
Consumers Look for Ways to Pay for Holiday Travel
December 13, 2023  |  Travel Payments

Consumers are doing whatever they can to be able to travel this holiday season, from cutting back on other purchases to funding their expenses with...

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Cash-Strapped UK Shoppers Choose Chocolate Over Toys as Gifts
Cash-Strapped UK Shoppers Choose Chocolate Over Toys as Gifts
December 11, 2023  |  Retail

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. Get the Full...

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Wrong Product Info and Ratings Drive Auto-Fill Subscription Cancellations
Wrong Product Info and Ratings Drive Auto-Fill Subscription Cancellations
December 11, 2023  |  Subscriptions

Consumers may choose to use auto-fill subscriptions, but they have little tolerance for company mistakes. Get the Full Story Complete the form to unlock this...

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Lawsuit Accuses Visa of Electronic Payment Monopoly
Lawsuit Accuses Visa of Electronic Payment Monopoly
December 11, 2023  |  Legal

Visa is reportedly facing an antitrust lawsuit alleging that it has blocked fair competition in the credit and debit card processing market. Get the Full Story...

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National Retail Federation Reports Higher Sales as Holiday Season Kicks Off
National Retail Federation Reports Higher Sales as Holiday Season Kicks Off
December 11, 2023  |  Retail

The National Retail Federation (NRF) says the holiday shopping season got off to a strong start. Get the Full Story Complete the form to unlock this...

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Sometimes a Retail Trend Just Isn’t Enough to Boost Sales 
Sometimes a Retail Trend Just Isn’t Enough to Boost Sales 
December 11, 2023  |  Retail

If you read the Y2K piece on PYMNTS late last month, you’d be aware that millennials are facing unique challenges in meeting their financial needs. ...

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AAA: Record 7.5 Million Travelers Will Fly for the Holidays
AAA: Record 7.5 Million Travelers Will Fly for the Holidays
December 11, 2023  |  Travel Payments

A record number of Americans will fly this holiday season, despite rising travel costs. Get the Full Story Complete the form to unlock this article...

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