Consumer Spending

Consumers Want to Buy Retail Products via a Super App
Consumers Want to Buy Retail Products via a Super App
April 08, 2024  |  Consumer Insights

The majority of consumers in the United States and Australia want the option to buy retail products online from a single, unified platform that spans...

READ MORE >
Fed Data: US Consumers See Higher Risk of Missing Debt Payments
Fed Data: US Consumers See Higher Risk of Missing Debt Payments
April 08, 2024  |  Economy

Takeaways from the Federal Reserve Bank of New York’s March Survey of Consumer Expectations include emerging concerns about debt. Consumers haven’t budged in their expectations...

READ MORE >
East Asian Discount Retailers Expand Across US Amid Demand for Affordable Novelty
East Asian Discount Retailers Expand Across US Amid Demand for Affordable Novelty
April 08, 2024  |  Retail

Amid ongoing budget pressures, United States shoppers are seeking affordable ways to treat themselves, fueling demand for the novel but low-cost products that Japanese (and...

READ MORE >
Australia Targets ‘Heavy Imbalance’ in Supermarket Sector
Australia Targets ‘Heavy Imbalance’ in Supermarket Sector
April 08, 2024  |  Retail

Australia is reportedly stepping up efforts to regulate its supermarket sector. A new government study, the subject of a Monday (April 8) report by The...

READ MORE >
Packaged Food Sellers Emphasizing Value for First Time Since Pandemic
Packaged Food Sellers Emphasizing Value for First Time Since Pandemic
April 08, 2024  |  Retail

Makers and retailers of packaged foods and drinks are reportedly emphasizing value and discounts to a greater degree than they’ve done since the pandemic. This...

READ MORE >
Revolving Credit Surge Hints at Split Payments’ Continued Appeal
Revolving Credit Surge Hints at Split Payments’ Continued Appeal
April 08, 2024  |  Alternative Credit

Debt continues to mount — and at an accelerated pace, per the Federal Reserve’s latest tally on consumer credit. Within that growth likely lies a continued...

READ MORE >
99 Cents Only Declares Bankruptcy as It Shuts Down Stores
99 Cents Only Declares Bankruptcy as It Shuts Down Stores
April 08, 2024  |  Retail

Discount retailer 99 Cents Only has declared bankruptcy as it prepares to shutter its stores. The company announced its Chapter 11 filing Monday (April 8), days after it said...

READ MORE >
Lack of BNPL Threatens Bridge Millennials’ Brand Loyalty
Lack of BNPL Threatens Bridge Millennials’ Brand Loyalty
April 05, 2024  |  Buy Now Pay Later

With consumers forced to make budgeting decisions amid ongoing economic challenges, older millennials and younger Generation X consumers are seeing buy now, pay later (BNPL)...

READ MORE >
Unexpected Expenses Cost Consumers $5,500 on Average Last Year
Unexpected Expenses Cost Consumers $5,500 on Average Last Year
April 05, 2024  |  Consumer Finance

Unemployment dropped 3.8% last month, offering another sign that the U.S. economy is on a slow but steady upward trajectory. And while this news is...

READ MORE >