Consumer Spending

Nestlé Says Grocery Shoppers Have Burned Through COVID Savings
Nestlé Says Grocery Shoppers Have Burned Through COVID Savings
October 19, 2023  |  Earnings

With consumers’ grocery budgets continuing to be pressured, Nestlé is seeing the post-vaccine boost finally taper off, years after the initial rollout. The global food...

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Nearly Half of Consumers With Kids Would Switch to Merchants With Card-Linked Offers
Nearly Half of Consumers With Kids Would Switch to Merchants With Card-Linked Offers
October 19, 2023  |  Loyalty & Rewards

Loyalty or rewards programs play a role in consumer shopping habits. Sixty-five percent of credit or debit card users prefer to shop with brands or...

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Ubiquity Drives Consumer Demand for Credit Card Installment Plans
Ubiquity Drives Consumer Demand for Credit Card Installment Plans
October 19, 2023  |  Payment Methods

Getting what we want — now — but paying later for it is top of consumers’ minds. Nandan Sheth, CEO at Splitit, told Karen Webster...

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P&G Says 6% Sales Increase Underpins Consumer Spending Resilience Amid Inflation
P&G Says 6% Sales Increase Underpins Consumer Spending Resilience Amid Inflation
October 18, 2023  |  Earnings

Procter & Gamble (P&G), the consumer goods giant known for brands like Tide detergent and Pampers diapers, announced first quarter fiscal year 2024 results on...

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Fed’s Beige Book Paints Portrait of ‘Mixed’ Consumer Spending
Fed’s Beige Book Paints Portrait of ‘Mixed’ Consumer Spending
October 18, 2023  |  Economy

The latest qualitative readings on the U.S. economy show that economic activity, at best, seems stagnant. At worst, there are some signs that consumer spending,...

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September Retail Sales Don’t Look All That Rosy When Adjusted for Inflation
September Retail Sales Don’t Look All That Rosy When Adjusted for Inflation
October 17, 2023  |  Retail

Bank earnings came first, putting up card spending data that spotlighted consumers’ willingness to keep spending across debit and credit cards. Retail sales data released...

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Mastercard Teams With Worldpay and Zip to Scale Open Banking
Mastercard Teams With Worldpay and Zip to Scale Open Banking
October 17, 2023  |  Digital-First Banking

Mastercard is leveraging its open banking technology through partnerships announced Tuesday (Oct. 17) to provide flexible and secure lending and payments experiences for consumers and...

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Albertsons Sees Government Benefit Cuts Impact Grocery Spending
Albertsons Sees Government Benefit Cuts Impact Grocery Spending
October 17, 2023  |  Consumer Insights

Albertsons is seeing consumers’ financial pressures, compounded by the reduction of government benefits, take a toll on their grocery budgets. The grocery giant, which has...

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Consumers Face ‘Funflation’ as Live Event Prices Surge
Consumers Face ‘Funflation’ as Live Event Prices Surge
October 17, 2023  |  Economy

For many Americans, having fun has apparently become a source of financial stress. As The Wall Street Journal (WSJ) reported Tuesday (Oct. 17), ticket prices for concerts,...

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