Consumer Spending

72% of Zillennials Trust Recommendations More Than Ads When Shopping
72% of Zillennials Trust Recommendations More Than Ads When Shopping
February 05, 2025  |  Consumer Insights

Social media’s influence on purchasing decisions is especially strong among zillennials, those born between 1991 and 1999. According to a PYMNTS Intelligence report, “How Social...

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Estée Lauder Laments ‘Lost Agility’ and Cuts up to 7K Jobs
Estée Lauder Laments ‘Lost Agility’ and Cuts up to 7K Jobs
February 04, 2025  |  Earnings

Consumer pullback around the world is leading Estée Lauder to cut thousands of jobs. The beauty brand released earnings Tuesday (Feb. 4) showing declining or flat sales in its...

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Pepsi Sees ‘Blue Ocean Of Opportunity’ in Away-From-Home Foods
Pepsi Sees ‘Blue Ocean Of Opportunity’ in Away-From-Home Foods
February 04, 2025  |  Earnings

With snack food demand slipping, PepsiCo is looking to opportunities outside consumers’ homes. The food and beverage giant released earnings Tuesday (Feb. 4) showing a...

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52% of Payment Declines Are Debit Cards
52% of Payment Declines Are Debit Cards
February 04, 2025  |  Consumer Insights

Despite a general decrease in payment issues, financially struggling consumers continue to face these disruptions at alarmingly high rates, especially when making essential purchases. According...

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Consumers Change Spending Habits to Ease Monthly Money Squeeze
Consumers Change Spending Habits to Ease Monthly Money Squeeze
February 03, 2025  |  Consumer Finance

In the face of escalating living costs, it’s immediate survival or bust for many Americans. The latest PYMNTS Intelligence reveals that 65% of consumers are...

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52% of Consumers Use Credit for Groceries
52% of Consumers Use Credit for Groceries
February 03, 2025  |  Consumer Insights

Credit products are changing, with personal loans, embedded finance, and buy now, pay later (BNPL) gaining traction. According to a PYMNTS Intelligence report, “BNPL and...

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Consumers Use Credit to Plug Widening Gap Between Income and Spending
Consumers Use Credit to Plug Widening Gap Between Income and Spending
January 31, 2025  |  Consumer Finance

Only a few weeks into the current earnings season, and top-line momentum and commentary from firms, including banks and the payment networks, have all pointed...

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Concerts Still Strike Chord With Consumers Despite High Prices
Concerts Still Strike Chord With Consumers Despite High Prices
January 31, 2025  |  Consumer Insights

This year’s concert season will feature several high-profile acts and increasingly high prices. The cost of seeing movies, plays and live music has jumped 20%...

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Visa Tops 4.7 Billion Credentials, Logs 44% Growth in Tokens YOY
Visa Tops 4.7 Billion Credentials, Logs 44% Growth in Tokens YOY
January 30, 2025  |  Earnings

Visa’s fiscal first-quarter results noted significant growth in payments done digitally, and in tokens and credentials issued by the payments network. Payments volume grew by...

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