inflation

Rising Food Prices Have Restaurants Seeking Other Revenue Streams
Rising Food Prices Have Restaurants Seeking Other Revenue Streams
June 16, 2023  |  Restaurant Roundup

This week in restaurant news, Chuck E. Cheese looks to boost its margins by opening a new revenue stream, the inflation gap between foodservice and...

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Consumers Choose Private Label Even as Grocery Inflation Slows
Consumers Choose Private Label Even as Grocery Inflation Slows
June 16, 2023  |  Consumer Insights

Although year-over-year grocery inflation may be decreasing, grocery shoppers continue to feel the cumulative effects of years of price increases, sending them running to private-label...

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When Cheap Flights Cost More Than Consumers Bargain For
When Cheap Flights Cost More Than Consumers Bargain For
June 16, 2023  |  Travel Payments

When budget airlines experiment with route changes, the customer may ultimately pay the price. Picture it: After months of planning and saving, you finally book...

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Kroger Says AI Boosted Digital Coupon Redemption by 180 Million in Q1
Kroger Says AI Boosted Digital Coupon Redemption by 180 Million in Q1
June 15, 2023  |  Retail

Kroger is using artificial intelligence (AI) to drive spending among inflation-concerned shoppers, utilizing consumer data to be more effective with its digital couponing efforts. On...

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Retail Sales Data Shows Consumers Remain Undaunted by Inflation
Retail Sales Data Shows Consumers Remain Undaunted by Inflation
June 15, 2023  |  Economy

The latest retail sales data brings to mind that old 1960s mantra: Keep on truckin’. U.S. individuals and households boosted their spending in May, seemingly...

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PYMNTS Intelligence: Leveraging Real-Time Payments to Help Paycheck-to-Paycheck Households
PYMNTS Intelligence: Leveraging Real-Time Payments to Help Paycheck-to-Paycheck Households
June 15, 2023  |  Real-Time Payments

As inflation grows faster than most wages, an increasing number of households are living paycheck to paycheck, having just enough money to make it to...

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Main Street Small Businesses May See Margin Relief as Producer Prices Fall
Main Street Small Businesses May See Margin Relief as Producer Prices Fall
June 14, 2023  |  Economy

The latest readings on inflation, released Wednesday (June 14), signal some margin relief for Main Street small businesses. And, by extension, consumers may see some...

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How Earned Wage Access Can Change the Game for Paycheck-to-Paycheck Families
How Earned Wage Access Can Change the Game for Paycheck-to-Paycheck Families
June 14, 2023  |  Real-Time Payments

With 60% of U.S. consumers now living paycheck to paycheck, PYMNTS examines the latest support for using real-time payments and instant payroll as a vital...

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Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
June 13, 2023  |  Retail

It has been another rough quarter for nearly all merchants and retailers, but especially for businesses whose main sales center around nonessential items. Target’s much-anticipated quarterly...

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