Consumer Spending

Is the Luxury Slowdown Normalization or Inflation? 
Is the Luxury Slowdown Normalization or Inflation? 
January 16, 2024  |  Retail

There was a time last year when we heard luxury retailers say that the slowdown they were experiencing was a sign of “normalization,” but now...

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Millennials Value Personalized Offers the Most
Millennials Value Personalized Offers the Most
January 16, 2024  |  Consumer Insights

Millennials are one of the main classes of consumers for certain categories of products such as clothing, personal care and home spending. Though they don’t...

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Cash-Back Rewards Entice Nearly Half of Cardholders Who Have Yet to Embrace Card-Linked Offers
Cash-Back Rewards Entice Nearly Half of Cardholders Who Have Yet to Embrace Card-Linked Offers
January 15, 2024  |  Loyalty & Rewards

During the 2023 holiday shopping season, card-linked offers gained popularity as consumers sought ways to manage their spending amidst rising prices. In fact, nearly two-thirds of...

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Economists Trade Recession Predictions for ‘Growth Stop’ Warnings
Economists Trade Recession Predictions for ‘Growth Stop’ Warnings
January 14, 2024  |  Economy

The good news: Economists are less confident the U.S. will see a recession. The less good news: They also expect the economy to grow at...

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Albertsons Launches New Meals as Grocers Aim to Gain Share From Restaurants
Albertsons Launches New Meals as Grocers Aim to Gain Share From Restaurants
January 12, 2024  |  Retail

Albertsons Companies is setting its sights on convenient meal occasions with the launch of ready-to-cook meals, a move that comes as grocers increasingly look to...

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Bank of America: Zelle Volumes Surge 25% Year Over Year
Bank of America: Zelle Volumes Surge 25% Year Over Year
January 12, 2024  |  Earnings

Bank of America’s digital evolution continues. The company posted December quarter results that showed digital volumes are on the upswing, as active digital users topped more...

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JPMorgan Earnings: Credit and Debit Spend Surges 7%
JPMorgan Earnings: Credit and Debit Spend Surges 7%
January 12, 2024  |  Earnings

Earnings season’s here, with JPMorgan among the most visible names reporting Friday morning (Jan. 12).  And the big bank’s metrics are showing evidence that consumer...

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Credit Card Delinquencies Near Highest Level Since 2012
Credit Card Delinquencies Near Highest Level Since 2012
January 11, 2024  |  Consumer Finance

Credit card balances and delinquencies have been rising as consumer spending remains strong, but government support drops from pandemic levels. During the third quarter, large...

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Netflix’s Ad Tier Tops 23 Million Users as Consumers Rethink Streaming Spending
Netflix’s Ad Tier Tops 23 Million Users as Consumers Rethink Streaming Spending
January 11, 2024  |  Streaming

As ad-free streaming becomes too expensive for many consumers, amid price hikes and broader economic challenges, Netflix is reportedly seeing surging adoption of its ad-supported...

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