Consumer Spending

Walmart Monitors Consumer Appetite; Amazon Bags More Grocery Aisle Space 
Walmart Monitors Consumer Appetite; Amazon Bags More Grocery Aisle Space 
December 08, 2023  |  Retail

As Walmart is observing a reduction in customers’ grocery expenses due to the use of appetite-suppressing medications, Amazon is exploring opportunities with third-party grocery providers...

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Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
December 08, 2023  |  Mobile Wallets

With the advent of smartphones, consumers have embraced the convenience of shopping from the palm of their hand, resulting in a significant transformation in their...

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Meal Kit Subscriptions Eat Away at Brick-and-Mortar Grocers’ Market Share
Meal Kit Subscriptions Eat Away at Brick-and-Mortar Grocers’ Market Share
December 07, 2023  |  Consumer Insights

With consumers getting pre-portioned ingredients from online subscriptions, PYMNTS Intelligence reveals, many are spending less time shopping for groceries in stores. By the Numbers The...

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Scentbird Sees Giftable Subscriptions Capture Consumers’ Last-Minute Holiday Spending
Scentbird Sees Giftable Subscriptions Capture Consumers’ Last-Minute Holiday Spending
December 07, 2023  |  Subscriptions

With last-minute gifting providing a valuable opportunity for companies that can offer consumers an immediate solution, Scentbird is seeing its giftable subscriptions drive eleventh-hour holiday...

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McDonald’s Targets 250 Million Rewards Users by 2027 as QSRs Boost Personalization
McDonald’s Targets 250 Million Rewards Users by 2027 as QSRs Boost Personalization
December 07, 2023  |  Loyalty & Rewards

With quick-service restaurants (QSRs) increasingly pushing their digital loyalty programs to gain valuable customer data, McDonald’s is aiming to add 100 million new members in...

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Gen Z Tops Millennials on Social Media Shopping and Spending
Gen Z Tops Millennials on Social Media Shopping and Spending
December 07, 2023  |  Social Commerce

Generation Z consumers are more likely to use Instagram and TikTok to search for products than other generations. They often turn to social media to...

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Ollie’s Bargain Outlet Says It Was Built for This Economy
Ollie’s Bargain Outlet Says It Was Built for This Economy
December 07, 2023  |  Retail

As prices go up and people feel the pinch in their wallets due to inflation, Ollie’s Bargain Outlet is standing out as the go-to place...

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Holiday Shoppers May Pull Back Spending Despite Strong Black Friday
Holiday Shoppers May Pull Back Spending Despite Strong Black Friday
December 06, 2023  |  Consumer Insights

Before the start of the holiday shopping season, market research data suggested there would be generalized cost cutting across all spending categories and demographic groups....

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Walmart CEO: Next Year’s Spending Patterns Tough to Forecast
Walmart CEO: Next Year’s Spending Patterns Tough to Forecast
December 06, 2023  |  Retail

Walmart’s CEO says it’s difficult to project what the retailer’s post-holiday sales will look like. Speaking with CNBC Wednesday (Dec. 6), Doug McMillon said that higher credit...

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