Consumer Spending

Consumers Say They Use Credit to Buy Essentials and Spend More
Consumers Say They Use Credit to Buy Essentials and Spend More
June 24, 2024  |  Credit Cards

Although consumer spending dipped slightly last month, not all spending choices are created equally. While some consumers curtail spending by choice, others do it entirely...

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Retailers See 78% Boost From Low-Income Shoppers’ Use of Credit
Retailers See 78% Boost From Low-Income Shoppers’ Use of Credit
June 24, 2024  |  Retail

As financially unstable consumers seek ways to afford to shop, credit is enabling them to make higher-value purchases, and retailers are seeing the benefit. Get...

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Share of US Consumers Living Paycheck to Paycheck Hits Two-Year High
Share of US Consumers Living Paycheck to Paycheck Hits Two-Year High
June 24, 2024  |  Retail

Despite a robust economy, a significant portion of American consumers are grappling with financial challenges that affect their shopping habits in profound ways, and to...

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Restaurants Push Promotions as Diners Lose Appetite for High Prices
Restaurants Push Promotions as Diners Lose Appetite for High Prices
June 23, 2024  |  Retail

Consumers are spending less at restaurants as menu prices remain high.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Meet the 27 Million Americans Who Drive 8% of Consumer Spend but Struggle to Pay Their Bills
Meet the 27 Million Americans Who Drive 8% of Consumer Spend but Struggle to Pay...
June 21, 2024  |  Consumer Insights

The big consumer news last Friday was that the University of Michigan’s June Consumer Sentiment Index hit a seven-month low. Many scratched their heads, particularly...

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Millennials Are Most Prepared to Trade Down to Private Label
Millennials Are Most Prepared to Trade Down to Private Label
June 20, 2024  |  Consumer Insights

As merchants step up their own-brand offerings, PYMNTS Intelligence research finds that across grocery and retail, millennials prove the most eager to find more affordable...

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Darden Sees Fine-Dining Comparable Sales Drop Amid Inflation, Job Concerns
Darden Sees Fine-Dining Comparable Sales Drop Amid Inflation, Job Concerns
June 20, 2024  |  Earnings

Darden Restaurants saw its same-store sales slip at its fine dining locations amid consumers’ concerns about inflation and the job market. Get the Full Story...

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Kroger Sees Private-Label Push Bring Low-Income Shoppers Back
Kroger Sees Private-Label Push Bring Low-Income Shoppers Back
June 20, 2024  |  Earnings

With ongoing financial challenges affecting consumers very differently depending on their financial standing, Kroger is seeing its initiative to improve its private-label offerings prove key...

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1 in 6 Shoppers Choose Merchants Based on Payment Choice
1 in 6 Shoppers Choose Merchants Based on Payment Choice
June 19, 2024  |  Retail

As consumers demand more flexible options at checkout, many shoppers make decisions about where to buy based on whether they can use their preferred payment...

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