Consumer Spending

Today in Retail: Amazon Plans Drone Fleet Launch; Mastercard SpendingPulse Predicts Back-to-School Retail Bounce

Today in Retail: Amazon Plans Drone Fleet Launch; Mastercard SpendingPulse Predicts Back-to-School Retail Bounce
Today in Retail: Amazon Plans Drone Fleet Launch; Mastercard SpendingPulse Predicts Back-to-School Retail Bounce
June 14, 2022  |  Retail

Today in retail, automation could reshape the consumer packaged goods (CPG) payment space, while retailers are restructuring their delivery models as markdowns loom. Plus, Lacoste...

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The Data Point: 44% of Consumers Say They Would Switch Merchants Over Card Surcharges
The Data Point: 44% of Consumers Say They Would Switch Merchants Over Card Surcharges
June 14, 2022  |  Credit Cards

Credit card surcharges are permissible in most states and are useful to merchants for what those fees cover, but many consumers dislike these charges even...

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Today in Data: Consumer Sentiment Hits Record Low
Today in Data: Consumer Sentiment Hits Record Low
June 14, 2022  |  Today In Data

Today in data, inflation and high gas prices bring the University of Michigan Survey of Consumers’ consumer sentiment to its lowest point on record. Get...

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BoA CFO: Consumers Are Spending ‘Robustly,’ Credit in ‘Great Shape’
BoA CFO: Consumers Are Spending ‘Robustly,’ Credit in ‘Great Shape’
June 13, 2022  |  Economy

Bank of America Chief Financial Officer Alastair Borthwick said customers continue to borrow money and to spend, Bloomberg reported, citing his remarks at a Morgan...

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Today in Retail: Pinterest Buys The Yes to Add AI Capabilities; Walmart Invites UK Retailers to Sell on Its Online Platform
Today in Retail: Pinterest Buys The Yes to Add AI Capabilities; Walmart Invites UK Retailers...
June 13, 2022  |  Retail

Today in retail, Walmart is opening more than 30 new SuperCenters while consumers are buying lower-priced groceries as inflation rises. Plus, U.K. retail sales fell...

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PYMNTS Data: Consumers Switch to Lower-Priced Grocery Brands, Merchants
PYMNTS Data: Consumers Switch to Lower-Priced Grocery Brands, Merchants
June 13, 2022  |  Economy

As grocery prices continue to soar, consumers are adjusting their behaviors. Rather than remaining loyal to their favorite food and beverage brands as they become...

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Today in Data: The Growing Cost of Food and Fuel
Today in Data: The Growing Cost of Food and Fuel
June 13, 2022  |  Today In Data

Today in data, new inflation numbers reflect the increasing cost of paying for food and gasoline. Get the Full Story Complete the form to unlock...

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Retailers Tout Value and Convenience as Consumers Brace for Recession
Retailers Tout Value and Convenience as Consumers Brace for Recession
June 13, 2022  |  Retail

In the face of rising interest rates, record fuel prices, and inflation at a multi-generational high, consumers have begun to prepare for the building economic...

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