Consumer Spending

Big Lots: Shoppers Are Holding off on Big-Ticket Discretionary Purchases
Big Lots: Shoppers Are Holding off on Big-Ticket Discretionary Purchases
June 06, 2024  |  Earnings

Still feeling strain on their budgets from ongoing macroeconomic challenges, consumers are cutting out pricy nonessential purchases, according to Big Lots. On Thursday (June 6),...

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Credit Unions Look to Connect With Gen Z
Credit Unions Look to Connect With Gen Z
June 06, 2024  |  Credit Unions

As Generation Z comes into its own as a demographic sector to be reckoned with, financial institutions (FIs) of all stripes are eager to win...

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Five Below: Comparable Sales Slip as Consumers Feel Inflation’s Impact
Five Below: Comparable Sales Slip as Consumers Feel Inflation’s Impact
June 05, 2024  |  Earnings

A pullback in spending by lower-income consumers led to a decline in comparable sales during the first quarter for Five Below. The value retailer’s comparable...

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Record Investment Income Fuels Continued Consumer Spending
Record Investment Income Fuels Continued Consumer Spending
June 05, 2024  |  Economy

Rising investment income, high household wealth and strong employment rates are keeping Americans spending. It’s a phenomenon chronicled Wednesday (June 5) in a report by...

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Mall of America: Consumers Want Social Media to Inform Shopping Experiences
Mall of America: Consumers Want Social Media to Inform Shopping Experiences
June 04, 2024  |  Retail

From influencer pop-ups to store openings for TikTok-famous brands, malls are taking the social media shopping experience to brick-and-mortar locations to reach young consumers. Jill...

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Father’s Day Spending Projected to Slide as Consumers Cut Back
Father’s Day Spending Projected to Slide as Consumers Cut Back
June 03, 2024  |  Retail

As with Mother’s Day last month, consumers have a little less to spend on Dad for Father’s Day this year. Last year saw Americans spend record...

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Consumers Are Fed Up With Tipping and Take to Social Media to Prove It
Consumers Are Fed Up With Tipping and Take to Social Media to Prove It
June 03, 2024  |  Economy

Social media offers a running commentary on consumer sentiment and serves as a barometer of backlash. It may be the case that tiplflation is pushing...

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From Space Oreos to Garfield La-Z-Boys, Retail Brands Go to Hollywood
From Space Oreos to Garfield La-Z-Boys, Retail Brands Go to Hollywood
June 01, 2024  |  Retail

Retail brands are looking to the silver screen to get shoppers excited, so roll out the red carpet for PYMNTS weekender’s roundup of the quirkiest...

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Will April’s Dip in Food Prices Give Paycheck-to-Paycheck Consumers a Break?
Will April’s Dip in Food Prices Give Paycheck-to-Paycheck Consumers a Break?
May 31, 2024  |  Economy

Inflation’s heady pace may have slowed a bit, but one wonders if a slight decline in food prices will be enough to make the paycheck-to-paycheck...

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