Consumer Spending

Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
May 01, 2024  |  Earnings

Cautious lower-income consumers and slower restaurant sales are squeezing Kraft Heinz. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Peacock’s Price Hike Hints at Delicate Balancing Act for Streaming Platforms  
Peacock’s Price Hike Hints at Delicate Balancing Act for Streaming Platforms  
May 01, 2024  |  Streaming

Peacock, the streaming service owned by Comcast’s NBCUniversal, continues to demonstrate strong appeal, with management revealing during a Thursday (April 25) Q1 earnings call that it added 3...

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Mastercard: Tokenized Transactions Grow 50% Year Over Year
Mastercard: Tokenized Transactions Grow 50% Year Over Year
May 01, 2024  |  Earnings

Mastercard said in its most recent earnings report on Wednesday (May 1) that the shift to digital payments from cash is gaining strength, and contactless...

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Sezzle Offers Rewards for On-Time BNPL Payments
Sezzle Offers Rewards for On-Time BNPL Payments
May 01, 2024  |  BNPL

Payments platform Sezzle wants to reward users to stay on top of their bills.  Get the Full Story Complete the form to unlock this article and...

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Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
May 01, 2024  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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David’s Bridal: Vow Renewal Couples Want the Newlyweds Shopping Experience
David’s Bridal: Vow Renewal Couples Want the Newlyweds Shopping Experience
May 01, 2024  |  Retail

Consumers are willing to spend an arm and a leg on their weddings — possibly more than once, according to David’s Bridal. Get the Full Story...

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34% of Gen Z Consumers Say Splurging Contributes to Financial Distress
34% of Gen Z Consumers Say Splurging Contributes to Financial Distress
April 30, 2024  |  Consumer Insights

Spoiler alert: The title of PYMNTS Intelligence’s new report, “Why 60% of Gen Z’s Live Paycheck to Paycheck” gives away a key finding. Six in 10 Generation...

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Citi CEO Jane Fraser Says Consumers ‘More Discerning’ in Spending
Citi CEO Jane Fraser Says Consumers ‘More Discerning’ in Spending
April 30, 2024  |  Consumer Finance

Consumers are becoming more cautious in their spending, Citi CEO Jane Fraser said Tuesday (April 30). Get the Full Story Complete the form to unlock this article and enjoy...

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PayPal Sees Jump in Transactions Per Account as Fastlane Checkout Boosts Conversions
PayPal Sees Jump in Transactions Per Account as Fastlane Checkout Boosts Conversions
April 30, 2024  |  Earnings

PayPal’s transactions per active account grew by double digits in the latest quarter, and debit spending boosted results, while easier, faster checkout boosted conversions. Get...

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