Consumer Spending

Bankruptcy Filing Highlights Deep-Rooted Issues in Big Lots’ Business Model
Bankruptcy Filing Highlights Deep-Rooted Issues in Big Lots’ Business Model
September 09, 2024  |  Retail

As Big Lots embarks on a Chapter 11 restructuring and prepares for acquisition by Nexus Capital Management, retail analysts are evaluating the company’s future amid...

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Big Lots Declares Bankruptcy as Consumers Chase Deals
Big Lots Declares Bankruptcy as Consumers Chase Deals
September 09, 2024  |  Retail

Discount retailer Big Lots has declared bankruptcy and sold itself to an investment firm. The company announced Monday (Sept. 9) that it had entered voluntary Chapter 11 proceedings in...

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Paycheck-to-Paycheck Shoppers May Demand More Deals Events This Fall
Paycheck-to-Paycheck Shoppers May Demand More Deals Events This Fall
September 03, 2024  |  Retail

In the wake of the savings events rush of the summer, with seemingly every large merchant announcing some major discounting push, consumers are growing accustomed...

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Trending: Most Consumers Think Twice Before Spending, Then Trade Down
Trending: Most Consumers Think Twice Before Spending, Then Trade Down
September 02, 2024  |  Economy

Sept. 17 is looming as a critical date on the economic calendar. It’s the date the Federal Reserve meets to consider — and most analysts...

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Inflation Cools, but Paycheck-to-Paycheck Consumers Still Feel the Heat
Inflation Cools, but Paycheck-to-Paycheck Consumers Still Feel the Heat
September 02, 2024  |  Economy

The reality is that inflation is cooling. But perception, as they say, is reality. As captured in a PYMNTS Intelligence report in August, the reality...

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Fetching a Ride: Brands Roll Out Human-Grade Experiences for Pups
Fetching a Ride: Brands Roll Out Human-Grade Experiences for Pups
August 31, 2024  |  Consumer Insights

From Fido-friendly taxis to doggy ice cream, brands are stepping up their pet offerings to meet consumers’ demand to give their fur babies human-grade luxury....

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Gap’s Brand Turnaround in Motion as Lululemon Hits New Highs in Global Sales
Gap’s Brand Turnaround in Motion as Lululemon Hits New Highs in Global Sales
August 30, 2024  |  Earnings

As the retail sector faces a complex mix of opportunities and challenges, Gap and Lululemon are charting distinct courses in their recent earnings reports. While...

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Consumer Spending and Private Inventory Investment Lift GDP 3%
Consumer Spending and Private Inventory Investment Lift GDP 3%
August 29, 2024  |  Economy

Consumer spending and private inventory investment are driving an increase in real gross domestic product (GDP), the Bureau of Economic Analysis (BEA) said Thursday (Aug....

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Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage
Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage
August 28, 2024  |  BNPL

As consumers navigate a challenging economic environment, they are increasingly adopting buy now, pay later (BNPL) options to manage their spending. Affirm, a leading BNPL...

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