Consumer Spending

Carmakers Could Face Bumpy Road in 2024 Following Sales Rebound
Carmakers Could Face Bumpy Road in 2024 Following Sales Rebound
January 03, 2024  |  Economy

Automakers enjoyed a resurgence in sales in 2023, but 2024 might be a different story. With major car companies due to report year-end sales figures...

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Uniqlo Holds Onto Bargain Couture as H&M Tries on New Look for Shoppers
Uniqlo Holds Onto Bargain Couture as H&M Tries on New Look for Shoppers
January 02, 2024  |  Retail

Uniqlo wants to grow by selling good-quality apparel at affordable prices. That’s the stance the Japanese retailer is taking when it comes to securing its...

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Sixty Percent of US Consumers Live Paycheck to Paycheck – That Could Change in 2024
Sixty Percent of US Consumers Live Paycheck to Paycheck – That Could Change in 2024
December 29, 2023  |  Economy

Persistent inflation and increasing prices for essential items, from groceries and utilities to fuel, have left most Americans treading water financially in recent years. And...

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Consumers Failed to Cut Back on Restaurant Dining Over the Holidays
Consumers Failed to Cut Back on Restaurant Dining Over the Holidays
December 29, 2023  |  Consumer Insights

Consumers may have meant to tighten their belts when it came to restaurant spending over the holidays, but the data reveals that the opposite happened,...

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Merchants Not Offering Pay-Later Plans May Miss on End of Holiday Sales
Merchants Not Offering Pay-Later Plans May Miss on End of Holiday Sales
December 29, 2023  |  Retail

As the year comes to an end, most consumers have completed their holiday shopping, although there were still stragglers and undecided shoppers deep into December....

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Consumers Pull Back on Spending; Companies Cut Costs
Consumers Pull Back on Spending; Companies Cut Costs
December 29, 2023  |  Economy

Companies are reportedly facing the reality of limited pricing power as demand weakens and consumers become more price sensitive. This marks a shift from recent...

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1 in 10 Consumers Use BNPL for Emergency Expenses
1 in 10 Consumers Use BNPL for Emergency Expenses
December 29, 2023  |  Buy Now Pay Later

Financial struggles are a constant challenge for those with limited access to credit, especially when unexpected emergencies arise. PYMNTS Intelligence research backs this up, showing...

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Walmart CEO Predicts Soft Sales as Amazon Readies Prime Video Ads
Walmart CEO Predicts Soft Sales as Amazon Readies Prime Video Ads
December 29, 2023  |  Retail

At the start of the month, the CEO of Walmart explained challenges in predicting the post-holiday sales outlook for 2024. Meanwhile, Amazon is mastering the...

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China’s International Travel Sector Remains Slow Due to Economic Conditions
China’s International Travel Sector Remains Slow Due to Economic Conditions
December 28, 2023  |  Consumer Insights

While China’s domestic air travel market is experiencing a strong recovery, international travel reportedly still faces challenges. Factors such as economic conditions, ticket prices and...

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