Consumer Spending

Restaurants Have Opportunity to Boost Digital Engagement During Work Week
Restaurants Have Opportunity to Boost Digital Engagement During Work Week
August 17, 2023  |  Restaurant innovation

With many consumers ordering food online while at work, restaurants can target these customers’ workday needs to drive digital adoption. By the Numbers According to...

READ MORE >
Consumers’ Struggle to Pay Bills Reaches New Volatility in 2023
Consumers’ Struggle to Pay Bills Reaches New Volatility in 2023
August 17, 2023  |  Consumer Payments

This year’s financial lifestyle improvements for the individual consumer were all but wiped out between May and June. Broadly speaking and only looking at year-over-year...

READ MORE >
Americans’ $2 Trillion in Pandemic Savings Nearly Exhausted
Americans’ $2 Trillion in Pandemic Savings Nearly Exhausted
August 17, 2023  |  Consumer Finance

American consumers’ savings cushion is no longer that cushiony, according to new Federal Reserve research. The savings people accumulated during the pandemic, which at one...

READ MORE >
Target’s Growth in Same-Day Services Shows Successful Omnichannel, Logistics Efforts
Target’s Growth in Same-Day Services Shows Successful Omnichannel, Logistics Efforts
August 16, 2023  |  Retail

Target’s latest earnings results were notable for the general pullback in consumers’ spending on discretionary items and a continuing impact from retail theft. Elsewhere in the second-quarter...

READ MORE >
Consumers Pivot to Online Pickup as Delivery Fees Rise
Consumers Pivot to Online Pickup as Delivery Fees Rise
August 16, 2023  |  Retail

At the end of the day, consumers love conveniences that can make their lives incrementally easier, whether it’s the control and speed of self-checkout or...

READ MORE >
Boomers Barely Use BNPL, but Make Large Purchases When They Do
Boomers Barely Use BNPL, but Make Large Purchases When They Do
August 16, 2023  |  Consumer Insights

Compared to other generations, the share of baby boomers and seniors who use buy now, pay later (BNPL) options barely makes a blip. The same...

READ MORE >
Monos CEO: Inflation Shifts D2C Shoppers’ Spending Toward Sale Seasons
Monos CEO: Inflation Shifts D2C Shoppers’ Spending Toward Sale Seasons
August 15, 2023  |  Economy

In the face of ongoing macroeconomic pressures, many consumers are holding off on making major eCommerce purchases until holiday sales events, according to Monos CEO Victor Tam. In...

READ MORE >
Retail Sales Top Estimates, but Key Discretionary Spending Declines
Retail Sales Top Estimates, but Key Discretionary Spending Declines
August 15, 2023  |  Economy

Retail sales keep on chugging along. To that end, the data released Tuesday (Aug. 15) by the Commerce Department showed that consumer spending, overall, remained...

READ MORE >
The Parent Debt Trap: Parents’ Credit Card Balances 26% Higher Than Average
The Parent Debt Trap: Parents’ Credit Card Balances 26% Higher Than Average
August 15, 2023  |  Consumer Finance

That having children is costly may not be surprising — but the extent to which parents with children depend on credit cards is. Proprietary research...

READ MORE >