Consumer Spending

Dave’s ExtraCash Jumps 29% as Consumers Seek Emergency Funds
Dave’s ExtraCash Jumps 29% as Consumers Seek Emergency Funds
March 05, 2024  |  Earnings

Digital banking/finance platform Dave says its customers are seeking extra cash. More accurately, they’re seeking ExtraCash, the company’s cash advance program, which saw disbursements jump by double...

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Macy’s and Zara’s Moves Show Value of Click-and-Mortar™ Shoppers 
Macy’s and Zara’s Moves Show Value of Click-and-Mortar™ Shoppers 
March 05, 2024  |  Retail

Two reports from opposite sides of the globe confirmed that in-store and online shopping are intertwined at their best, and retailers need to offer seamless...

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ChargeAfter Debuts Embedded Lending Hub for Banks
ChargeAfter Debuts Embedded Lending Hub for Banks
March 04, 2024  |  Loans

Point-of-sale financing firm ChargeAfter has debuted an embedded lending platform for banks. The Lending Hub, announced Monday (Mar. 4), is designed to let banks and financial institutions...

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Report: Craft Retailer Joann Considers Bankruptcy Filing
Report: Craft Retailer Joann Considers Bankruptcy Filing
March 03, 2024  |  Retail

Fabric/craft supplies retailer Joann is reportedly considering a bankruptcy filing. That filing could come as soon as this week, with the company striking a deal that would...

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Oreo Courts a Higher-End Customer as Snacks Put on the Ritz
Oreo Courts a Higher-End Customer as Snacks Put on the Ritz
March 02, 2024  |  Retail

Oreo is getting fancy as snack foods sprinkle in a little bit of affordable luxury to appeal to today’s belt-tightening shoppers. On Monday (March 4),...

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Ocado CEO: ‘It’s Amazing’ How Many eGrocers Botch the Basics
Ocado CEO: ‘It’s Amazing’ How Many eGrocers Botch the Basics
March 01, 2024  |  eCommerce

As digital merchants compete for consumers’ growing online grocery spending, Ocado Group said one of the biggest challenges to driving penetration across the industry is key players’...

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58% of Consumers Cut Back on Nonessentials Due to Rising Grocery Costs
58% of Consumers Cut Back on Nonessentials Due to Rising Grocery Costs
March 01, 2024  |  Economy

The rising costs of groceries continue to pressure U.S. consumers to reconsider how they shop — and what they shop for. As PYMNTS Intelligence reported last year,...

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Paying Over Time for Groceries Will Continue Amid Disposable Income Pressures
Paying Over Time for Groceries Will Continue Amid Disposable Income Pressures
March 01, 2024  |  Economy

Recent economic data from this week give ammunition to the argument that paying for groceries over time will be a long-standing trend. As noted in...

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Financially Secure Consumers Splurge on Travel
Financially Secure Consumers Splurge on Travel
February 29, 2024  |  Travel Payments

Travel is one of the top ways consumers with healthy financial safety nets treat themselves, PYMNTS Intelligence research finds, and airlines are reaping the benefits....

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