Consumer Spending

Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience

Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
August 21, 2024  |  Retail

A streamlined checkout experience and the deployment of generative artificial intelligence-powered handheld devices for employees have improved the in-store experience at Target, the retailer said...

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eCommerce Now 15.2% of Retail Sales as Growth Slows
eCommerce Now 15.2% of Retail Sales as Growth Slows
August 19, 2024  |  Retail

If there’s been a buzzword through the past few weeks, called out during earnings commentary and in presentation decks, it’s been this: Get the Full...

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Retail Sales: Consumers Shrug Off Higher Prices and Buy in July
Retail Sales: Consumers Shrug Off Higher Prices and Buy in July
August 15, 2024  |  Economy

The urge to splurge resurged in July as consumers shrugged off inflation and visited on-site retailers to conduct their everyday spending. Get the Full Story...

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Alibaba’s Profits Fall 27% as Chinese Consumers Cut Back
Alibaba’s Profits Fall 27% as Chinese Consumers Cut Back
August 15, 2024  |  Earnings

Alibaba’s Chinese commerce business has shrunk for the first time amid weak consumer spending. Get the Full Story Complete the form to unlock this article and...

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Big Spenders: Nearly Two-Thirds of Gen Z Spend More When Using Digital Wallets
Big Spenders: Nearly Two-Thirds of Gen Z Spend More When Using Digital Wallets
August 15, 2024  |  Mobile

Digital wallets are rapidly transforming the payments landscape, with projections indicating they will surpass debit cards in transaction value within three years. This transition highlights...

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Name Brands and Private Labels Battle for Grocery Shelf Space
Name Brands and Private Labels Battle for Grocery Shelf Space
August 14, 2024  |  Retail

There’s a battle brewing over shelf space in America’s grocery stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Trove Acquires Recurate to Expand Branded Resale Market Presence 
Trove Acquires Recurate to Expand Branded Resale Market Presence 
August 13, 2024  |  Partnerships

Branded resale company Trove has acquired Recurate, a “significant” player in its industry. Get the Full Story Complete the form to unlock this article and...

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98% of Financially Strained Restaurant Customers Are Cutting Back
98% of Financially Strained Restaurant Customers Are Cutting Back
August 12, 2024  |  Consumer Insights

As consumers bear the burden of inflation, PYMNTS Intelligence reveals that nearly all individuals living paycheck to paycheck are making trade-offs when it comes to...

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