Consumer Spending

Inflation May Give Younger Consumers Pause Before Reaching for Their Cards

Inflation May Give Younger Consumers Pause Before Reaching for Their Cards
Inflation May Give Younger Consumers Pause Before Reaching for Their Cards
July 25, 2022  |  Consumer Finance

Inflation hits everyone, yes — and how they view their financial straits governs how they’ll spend in the near (and longer) term. Get the Full...

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The Data Point: Declines Dog 24% of Consumers With High Payments Diversification
The Data Point: Declines Dog 24% of Consumers With High Payments Diversification
July 25, 2022  |  Payment Methods

Not content to hit 8.6% in May, the Consumer Price Index (CPI) shifted to up to 9.1% in June, making consumers conflicted enough about inflation...

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Why Retailers Should Worry About Inflation but Dread the Wealth Effect
Why Retailers Should Worry About Inflation but Dread the Wealth Effect
July 25, 2022  |  Retail

A new survey of U.S. consumers, hot off the presses at PYMNTS, tells a lot about how they’re handling the current economic turmoil and when...

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CPG Brands Lose Sales as EU Consumers Opt for Store-Brand Items
CPG Brands Lose Sales as EU Consumers Opt for Store-Brand Items
July 24, 2022  |  Retail

There’s likely to be a downturn in consumer-packaged goods (CPG) sales due to shoppers opting for cheaper store brands amid inflation and rising food costs....

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American Express: Millennial, Gen Z Card Spend Up Nearly 50%
American Express: Millennial, Gen Z Card Spend Up Nearly 50%
July 22, 2022  |  Earnings

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As the Number of Payment Methods Consumers Use Increases, So Do Two Key Problems
As the Number of Payment Methods Consumers Use Increases, So Do Two Key Problems
July 22, 2022  |  Consumer Finance

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AT&T Dials Up Latest Sign of Distress for Paycheck-to-Paycheck Economy
AT&T Dials Up Latest Sign of Distress for Paycheck-to-Paycheck Economy
July 21, 2022  |  Connected Economy

The latest sign of turbulence and stress in the paycheck-to-paycheck economy comes not from the housing sector, not from credit card issuers or BNPL, but...

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Grocery Roundup: Kroger Expands Virtual Food Court Partnership; Aldi Opens Frictionless Store
Grocery Roundup: Kroger Expands Virtual Food Court Partnership; Aldi Opens Frictionless Store
July 21, 2022  |  Retail

As grocers look to win consumers’ loyalty, many are seeking to meet a greater share of their shoppers’ food needs, offering not only raw ingredients...

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