inflation

Millennials Worry Less About Inflation and More About Paying Back Student Loans
Millennials Worry Less About Inflation and More About Paying Back Student Loans
July 07, 2023  |  Loans

United States consumers take out student loans in hopes that a college education for their children or themselves will contribute to a higher income later...

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Table for Two and a Half: Restaurants Add Handbag Stools
Table for Two and a Half: Restaurants Add Handbag Stools
July 06, 2023  |  Restaurant innovation

Middle-tier restaurants have found a new way to emulate the trappings of fine dining — adding stools for handbags — but as higher-end restaurants strain...

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Savings Cushion Keeps Financially Secure Consumers Spending
Savings Cushion Keeps Financially Secure Consumers Spending
July 05, 2023  |  Consumer Insights

The paycheck economy faces many challenges. But a deeper dive into the data shows that non-paycheck-to-paycheck consumers — representing about 40% of the population —...

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Unfriendly Skies Mean More Consumers Hit the Road for Vacation
Unfriendly Skies Mean More Consumers Hit the Road for Vacation
July 04, 2023  |  Consumer Insights

Summer is heating up, and consumers across the country are seeking much-needed getaways after battling the year’s inflationary headwinds. The trend is illustrated in PYMNTS’ May...

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Chicken Salad Chick CEO Sees Restaurants Put Discounts on the Menu to Win Back Customers
Chicken Salad Chick CEO Sees Restaurants Put Discounts on the Menu to Win Back Customers
July 03, 2023  |  Loyalty & Rewards

Restaurants have raised prices considerably in recent years, and they are finding that to get their customers back, they must increase their discounting efforts, according...

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Grocers Go All-in on Advertising as Inflation Cuts Into Margins
Grocers Go All-in on Advertising as Inflation Cuts Into Margins
June 30, 2023  |  Economy

This week in grocery, Kroger looks to boost its margins with its new in-house advertising platform, Dollar Tree pushes past the one-dollar price point with...

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US Personal Income Rises as Consumer Spending Slows
US Personal Income Rises as Consumer Spending Slows
June 30, 2023  |  Consumer Finance

Consumer spending continued to drop in May as U.S. households curtailed spending and boosted their savings. Data from the Bureau of Economic Analysis (BEA) released...

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Retailers Face Sales Hit as Millennials Must Divert 6.5% of Income to Repay Student Loans
Retailers Face Sales Hit as Millennials Must Divert 6.5% of Income to Repay Student Loans
June 30, 2023  |  Retail

There’ll be no loan forgiveness, it seems… …and the pinch to retailers’ top lines — and  profits — may be unforgiving. Friday (June 30th), the...

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Private Label Trade-Down Slows as Grocery Inflation Decelerates, McCormick Says
Private Label Trade-Down Slows as Grocery Inflation Decelerates, McCormick Says
June 29, 2023  |  Earnings

As year-over-year grocery inflation normalizes, lapping last year’s spikes, consumers continue to cut back where possible, spices and seasonings giant McCormick observes, but many grocery...

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