Consumer Spending

40% of Millennials Tap Installment Plans to Improve Their Credit Scores

40% of Millennials Tap Installment Plans to Improve Their Credit Scores
40% of Millennials Tap Installment Plans to Improve Their Credit Scores
October 16, 2023  |  Payment Methods

Installment plans have emerged as a popular payment method, offering consumers the flexibility to pay for their purchases over time, rather than upfront. This enables...

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Walmart Deviates From Holiday Hiring Spree Amid Economic Uncertainty
Walmart Deviates From Holiday Hiring Spree Amid Economic Uncertainty
October 16, 2023  |  Walmart

As the holiday shopping season approaches, Walmart has announced that it is will not hire additional staff to serve customers during this peak period. Get...

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Teachable: Subscriptions Drive Retention by Controlling Content Flow
Teachable: Subscriptions Drive Retention by Controlling Content Flow
October 16, 2023  |  Subscriptions

As consumers manage their monthly subscriptions, making difficult decisions about which to keep and which to cut, Teachable has found that, by limiting how much...

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How Caviar Became Everyone’s Catch of the Day
How Caviar Became Everyone’s Catch of the Day
October 14, 2023  |  Social Commerce

Caviar is now mainstream. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Citi: Spending Decelerates as Consumers Grow More Cautious
Citi: Spending Decelerates as Consumers Grow More Cautious
October 13, 2023  |  Earnings

Consumer spending is still growing but slowing, especially among those with lower FICO scores, Citi reported Friday (Oct. 13). Get the Full Story Complete the...

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Wells Fargo Expects Continued Slowing of the Economy 
Wells Fargo Expects Continued Slowing of the Economy 
October 13, 2023  |  Earnings

Wells Fargo saw net charge-offs increase, loan demand decrease and average deposits decline during the third quarter.  Get the Full Story Complete the form to unlock...

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JPMorgan Chase Card Spending Grows 8% as Consumers Draw Down Deposits
JPMorgan Chase Card Spending Grows 8% as Consumers Draw Down Deposits
October 13, 2023  |  Earnings

Banking juggernaut J.P. Morgan Chase reported earnings on Friday (Oct. 13) that showed resilient card spending, but a drawdown of deposits and a gradual uptick...

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Budget-Conscious Chinese Consumers Drive Sales for Value-Focused Companies
Budget-Conscious Chinese Consumers Drive Sales for Value-Focused Companies
October 13, 2023  |  Retail

Companies that cater to budget-conscious Chinese consumers have reportedly seen sales soar, while their upmarket rivals have struggled to keep up. Get the Full Story...

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