inflation

Retailers Hope $5 Products Will Entice Weary Consumers
Retailers Hope $5 Products Will Entice Weary Consumers
March 01, 2023  |  Retail

With American shoppers feeling pinched, retailers hope $5 goods will help drive traffic. Target is the latest store to embrace this movement, Reuters reported Tuesday...

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Inflation Boosts Restaurant Pickup Adoption for QSR Customers
Inflation Boosts Restaurant Pickup Adoption for QSR Customers
February 28, 2023  |  Consumer Insights

As food prices remain elevated, PYMNTS research shows fast food fans are switching to pickup. The Context Quick-service restaurants (QSRs) are seeing their customers opt...

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Target Sees ‘Explosive’ Growth of Private Label Sweets Amid Inflation
Target Sees ‘Explosive’ Growth of Private Label Sweets Amid Inflation
February 28, 2023  |  Retail

Target has observed that its investments in private-label sweets keep customers coming back. On a call with analysts Tuesday (Feb. 28) discussing its Q4 financial results,...

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Merchant Cross-Border Expansion Starts With Localized Payments
Merchant Cross-Border Expansion Starts With Localized Payments
February 28, 2023  |  Cross Border Commerce

The old adage, “When in Rome, do as the Romans do” is more relevant than ever when discussing retailer cross-border expansion. As inflation still looms...

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81% of Retailers and Manufacturers Plan to Upgrade Accounts Payable Systems
81% of Retailers and Manufacturers Plan to Upgrade Accounts Payable Systems
February 28, 2023  |  Accounts Payable

The old saying goes that necessity is the mother of invention. We might add: Necessity is the mother of tech upgrades in the back office....

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UK Grocery Inflation Hits 17.1% and Supermarkets Make Loyalty Push 
UK Grocery Inflation Hits 17.1% and Supermarkets Make Loyalty Push 
February 28, 2023  |  Retail

As United Kingdom food prices skyrocket, grocers are doing everything they can to retain customers. The country’s grocer inflation rate rose to 17.1% year over...

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27% of US Consumers Pulled Money From Savings to Manage Credit Card Debt
27% of US Consumers Pulled Money From Savings to Manage Credit Card Debt
February 28, 2023  |  Consumer Finance

Rising prices continue to affect consumers’ purchasing power, making it more difficult for those in all income levels to live within their means, put aside...

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Financial Health Finds New Followers in 16% of High-Earners Struggling to Pay Bills
Financial Health Finds New Followers in 16% of High-Earners Struggling to Pay Bills
February 27, 2023  |  Consumer Finance

Consumers whose annual incomes exceed $100,000 are hardly skating through current economic conditions. In fact, data shows that as of December, 16% of high-income consumers...

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Medical Tourism Sags as Inflation and War Find Consumers Forgoing Treatments
Medical Tourism Sags as Inflation and War Find Consumers Forgoing Treatments
February 27, 2023  |  Healthcare

Medical tourism is ailing as first COVID, then economic and geopolitical snags have slowed the brisk business in going abroad for less costly medical specialties....

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