Consumer Spending

Capital One CEO Calls Discover Deal ‘Singular Opportunity’
Capital One CEO Calls Discover Deal ‘Singular Opportunity’
April 25, 2024  |  Earnings

Capital One’s first quarter results showed consumers continue to spend on their cards — and management touted the benefits of the proposed $35 billion buyout...

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79% of US Consumers Are Highly Satisfied With BNPL 
79% of US Consumers Are Highly Satisfied With BNPL 
April 25, 2024  |  Buy Now Pay Later

Split-payment or installment plans such as buy now, pay later (BNPL) enable consumers to shop more strategically, buying items one day and paying for them...

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Consumers Are Springing for Nice Beers, but Not Premium Liquor
Consumers Are Springing for Nice Beers, but Not Premium Liquor
April 25, 2024  |  Retail

Trying to balance inflationary pressures and the need to allow themselves at least some indulgences, shoppers are trading up on beer but not springing for...

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Mother’s Day Spending Expected to Dip Following 2023 Record
Mother’s Day Spending Expected to Dip Following 2023 Record
April 25, 2024  |  Consumer Insights

American consumers are projected to spend $33.5 billion on their moms next month. Get the Full Story Complete the form to unlock this article and...

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First-Quarter GDP Slows as Consumers Trim Spending
First-Quarter GDP Slows as Consumers Trim Spending
April 25, 2024  |  Economy

And now it seems the slowdown is here. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Online Shoppers Are Starting to See Amazon as a Fashion Destination
Online Shoppers Are Starting to See Amazon as a Fashion Destination
April 24, 2024  |  Retail

As consumers look to buy clothing online, PYMNTS Intelligence research reveals that digital shoppers are increasingly turning to Amazon to meet their apparel needs. Get...

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Parents Are Buying Their Kids Experiences, Not Toys
Parents Are Buying Their Kids Experiences, Not Toys
April 24, 2024  |  Retail

Toy and game companies are seeing sales declines, as parents opt to spend on making memories for their children rather than on new products for...

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Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
April 24, 2024  |  Earnings

Synchrony Financial reported its Q1 earnings Wednesday (April 24), showing broad-based growth throughout its lending and credit platforms, continued momentum in consumer spending and some...

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Earnings Season Commentary Points to Pressures for Lower-Income Consumers
Earnings Season Commentary Points to Pressures for Lower-Income Consumers
April 24, 2024  |  Consumer Finance

Earnings season is less than two weeks old. By and large, the data and the press releases indicate that consumers are still spending, on experiences...

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