Consumer Spending

Groupon Taps Gifting Opportunity to Drive Spending Amid Cutbacks
Groupon Taps Gifting Opportunity to Drive Spending Amid Cutbacks
March 15, 2024  |  Earnings

As consumers splurge on gifts in spite of other budgetary cutbacks, Groupon is looking to capture this lucrative opportunity. The eCommerce marketplace shared on a...

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Stubborn Inflation Weighs on Consumer Attitudes and Spending
Stubborn Inflation Weighs on Consumer Attitudes and Spending
March 15, 2024  |  Economy

Call it status quo — and maybe a sense of ennui? The latest, preliminary readings of consumer sentiment for the month of March, issued Friday...

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Card-Linked Discounts May Win Over Inflation-Concerned Consumers 
Card-Linked Discounts May Win Over Inflation-Concerned Consumers 
March 14, 2024  |  Consumer Insights

As PYMNTS reported this week, while most U.S. consumers appear untroubled by the prospect of near-term inflation, their anxiety levels rise at the prospect of...

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Social Media Shoppers Like to Stick With What They Know
Social Media Shoppers Like to Stick With What They Know
March 14, 2024  |  Consumer Insights

For consumers making purchases via social media platforms, PYMNTS Intelligence research reveals, staying within their comfort zone is a top priority. By the Numbers PYMNTS...

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Online Sales Slip in February as Consumers Return In-Store
Online Sales Slip in February as Consumers Return In-Store
March 14, 2024  |  Retail

The latest reading on retail sales data from the Census Bureau showed that overall retail sales were up 0.6% month over month, reversing a 1.1% decline...

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Consumers Spend More at Restaurants When Using Digital Wallets
Consumers Spend More at Restaurants When Using Digital Wallets
March 14, 2024  |  Digital Payments

Digital wallets — such as Apple Pay and Google Pay, which use near-field communication tags, and Amazon Pay and PayPal, which use QR codes —...

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Dollar Tree Woos Affluent Shoppers as Savings Dwindle
Dollar Tree Woos Affluent Shoppers as Savings Dwindle
March 13, 2024  |  Earnings

As even affluent consumers see their spending power diminish, Dollar Tree is making gains with high-income shoppers, even as the business on the whole faces...

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Petco Steps Up Value After Being Blindsided by Deal-Seeking Consumers
Petco Steps Up Value After Being Blindsided by Deal-Seeking Consumers
March 13, 2024  |  Earnings

As shoppers continue to manage their budgets amid years of financial challenges, Petco has found itself caught unaware by the extent of pet parents’ pull...

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Grocery’s Omnichannel Present and Future Highlighted in Latest Big Box Retail Data
Grocery’s Omnichannel Present and Future Highlighted in Latest Big Box Retail Data
March 13, 2024  |  Retail

Amazon and Walmart — and the pitched battle between the two for all manner of retail spend — gets a fair share of digital ink...

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