inflation

Panera Says Subscription Drives Customer Acquisition Despite Inflationary Pressures
Panera Says Subscription Drives Customer Acquisition Despite Inflationary Pressures
March 06, 2023  |  Subscriptions

Panera has found that its subscription has been key to growing its customer base amid inflation. In an interview with PYMNTS, Eduardo Luz, chief brand...

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Deal Chasing Becomes Mainstream — and Merchants Shouldn’t Be Happy
Deal Chasing Becomes Mainstream — and Merchants Shouldn’t Be Happy
March 06, 2023  |  Consumer Finance

American consumers remain pessimistic about the economy despite recent positive indicators. Consumers still expect elevated inflation rates for the foreseeable future, even as inflation has...

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Savings Barely Covers Credit Card Debt for Paycheck-to-Paycheck Consumers
Savings Barely Covers Credit Card Debt for Paycheck-to-Paycheck Consumers
March 06, 2023  |  Credit Cards

PYMNTS research shows that many consumers’ savings are barely enough to cover their debts. That’s according to findings in the February 2023 edition of the...

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Retailers Forecast ‘Very, Very Soft’ 2023 Outlooks
Retailers Forecast ‘Very, Very Soft’ 2023 Outlooks
March 05, 2023  |  Retail

Last week was one of good news and ominous news for U.S. retailers. The good: They were able to present better-than-anticipated earnings as shoppers continued...

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Discretionary Spending Pullback May Paint Clearer US Economic Picture
Discretionary Spending Pullback May Paint Clearer US Economic Picture
March 03, 2023  |  Connected Economy

Sometimes it just comes down to the cold, hard numbers. Three department stores, along with Best Buy, released their earnings this week, and the news was pretty grim when...

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High Earners’ Muted Spending Threatens Electronics and Autos, Boosts Big Box Merchants
High Earners’ Muted Spending Threatens Electronics and Autos, Boosts Big Box Merchants
March 03, 2023  |  Economy

F. Scott Fitzgerald wrote that the rich “are different from you and me.” Fast forward a century from when he penned the words, and today,...

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Costco Leverages Prepared Food Demand to Drive Memberships Amid Inflation
Costco Leverages Prepared Food Demand to Drive Memberships Amid Inflation
March 02, 2023  |  Retail

Costco is drawing in customers amid inflation by meeting their demand for more affordable restaurant alternatives. On a call with analysts Thursday (March 2) discussing...

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As Shipping Costs Drop, Savvy Retailers Lower Prices to Consumers
As Shipping Costs Drop, Savvy Retailers Lower Prices to Consumers
March 01, 2023  |  Retail

Amidst a year-plus of grim headlines, retailers could use a bit of good news. As reported by WSJ earlier this week (Feb. 27), shipping rates,...

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Kiosks Challenge Fast-Casual Brands to Weigh Convenience vs Service
Kiosks Challenge Fast-Casual Brands to Weigh Convenience vs Service
March 01, 2023  |  ResTech

As self-service expands, fast-casual chains are considering which tradeoffs on service they’re willing to make. In an interview with PYMNTS, Quick Chadwick, chief marketing officer...

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