inflation

CarMax Faced With Growing Consumer Demand for Cheaper Cars
CarMax Faced With Growing Consumer Demand for Cheaper Cars
September 29, 2022  |  Retail

Difficult economic conditions are leading car shoppers to look for less-expensive used vehicles, CarMax President and CEO Bill Nash said Thursday (Sept. 29) during the...

READ MORE >
9 in 10 Consumers Feel the Impact of Grocery Inflation
9 in 10 Consumers Feel the Impact of Grocery Inflation
September 28, 2022  |  Economy

The vast majority of United States grocery shoppers are feeling the impacts of skyrocketing price inflation. By the Numbers Research from PYMNTS’ study “New Reality...

READ MORE >
Luxury Retail Follows Money and Shoppers to the ‘Burbs
Luxury Retail Follows Money and Shoppers to the ‘Burbs
September 28, 2022  |  Retail

There was a time not long ago when fashion fiends living in the hinterlands made trips to “the city” to shop the most glittering brands...

READ MORE >
Consumers Trade Restaurant Meals for Upscale Brands at Home
Consumers Trade Restaurant Meals for Upscale Brands at Home
September 27, 2022  |  Consumer Insights

As food prices rise, many consumers are eating at home more often, offering premium consumer packaged goods (CPG) brands the chance to attract new customers....

READ MORE >
Luxury Brands Take Second Look at Secondhand Sales
Luxury Brands Take Second Look at Secondhand Sales
September 27, 2022  |  Retail

If you can’t beat ‘em, join ‘em. That’s the retail response that a growing list of luxury apparel brands and designers are taking as a...

READ MORE >
White House Declares War on Junk Fees, Surcharges
White House Declares War on Junk Fees, Surcharges
September 27, 2022  |  Consumer Payments

As a way to tackle inflation and give households financial breathing room, the President Joe Biden administration is taking action against junk fees — hidden...

READ MORE >
Navigating Economic Uncertainty With Payments and Cancellation Flexibility
Navigating Economic Uncertainty With Payments and Cancellation Flexibility
September 27, 2022  |  Subscription Commerce

Inflation may be moderating, but high prices on everything force consumers to rethink what’s really essential. Juan Palacio of BloomsyBox tells PYMNTS how flexible payments...

READ MORE >
New Study: 60% of US Consumers Have Cut Spending Due to Inflation
New Study: 60% of US Consumers Have Cut Spending Due to Inflation
September 27, 2022  |  Consumer Finance

With inflation reaching a 40-year high in June, nearly all consumers report noticeable increases in the cost of everyday purchases. PYMNTS’ research finds that 92%...

READ MORE >
The Data Point: 40% of Subscribers Would Switch for Better Billing Experience
The Data Point: 40% of Subscribers Would Switch for Better Billing Experience
September 26, 2022  |  Subscriptions

Subscription brands may be headed for a lesson in the meaning of “essential” as inflation-squeezed consumers are forced to decide between needs and wants and...

READ MORE >