Consumer Spending

JPMorgan CFO Says Consumer Spend Returning to ‘Normal’
JPMorgan CFO Says Consumer Spend Returning to ‘Normal’
October 11, 2024  |  Earnings

As 2024 draws to a close, and as evidenced by management remarks and data in the latest earnings results from JPMorgan Chase, posted on Friday...

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Luxury Retailers Merge and Partner Their Ways Through Economic Uncertainty
Luxury Retailers Merge and Partner Their Ways Through Economic Uncertainty
October 11, 2024  |  Retail

The luxury goods market is witnessing a notable trend toward strategic partnerships. Rather than retreating in the face of challenges, industry players are doubling down...

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43% of Gen Z Consumers Prefer Buying Direct From Brands
43% of Gen Z Consumers Prefer Buying Direct From Brands
October 11, 2024  |  Retail

As younger consumers reshape the retail landscape, their motivations, preferences, and behaviors provide invaluable insights for brands and retailers striving to stay ahead. A PYMNTS...

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Latest CPI Data Finds Consumers Literally Spend More Bread to Buy Bread
Latest CPI Data Finds Consumers Literally Spend More Bread to Buy Bread
October 10, 2024  |  Economy

In economics, there’s often a bifurcation when it comes to data — the difference between what the headlines tell us and what the wallet feels....

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Mass Market Retailers Cut Prices to Win Budget-Conscious Shoppers This Holiday Season
Mass Market Retailers Cut Prices to Win Budget-Conscious Shoppers This Holiday Season
October 10, 2024  |  Retail

As we approach the holiday season, mass merchants and dollar stores are unveiling a plethora of new deals designed to attract budget-conscious consumers grappling with...

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AI Tools and Independent Sellers Key at Record Amazon Sales Event
AI Tools and Independent Sellers Key at Record Amazon Sales Event
October 10, 2024  |  eCommerce

Amazon says customers saved more than $1 billion during its October shopping event. The eCommerce giant touted this statistic in a Thursday (Oct. 10) press release in the...

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A Shelf Space Showdown: The Rise of Private Labels in Grocery Stores
A Shelf Space Showdown: The Rise of Private Labels in Grocery Stores
October 08, 2024  |  Retail

In the ongoing battle for grocery shelf space, consumers are increasingly seeking value. Grocers are eager to meet this demand, while also capitalizing on the...

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PepsiCo Adapts to Consumer Shift Toward Mini-Meals Amid Economic Pressures
PepsiCo Adapts to Consumer Shift Toward Mini-Meals Amid Economic Pressures
October 08, 2024  |  Retail

Consumer spending trends are evolving. Take, for example, eating habits. PepsiCo Tuesday (Oct. 8) reported its third-quarter earnings — a 0.6% decline in net sales to...

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Amazon’s Prime Big Deal Days: Early Indicator for Holiday Shopping Trends
Amazon’s Prime Big Deal Days: Early Indicator for Holiday Shopping Trends
October 07, 2024  |  Amazon

As Amazon kicks off its Prime Big Deal Days on Tuesday (Oct. 8), the 48-hour event will serve as an early referendum on holiday spending...

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