pricing

Grocers Woo Persuadable Customers With Private-Label Deals
Grocers Woo Persuadable Customers With Private-Label Deals
March 07, 2023  |  Retail

As grocers seek higher margins and more shopper loyalty, many are turning to private label. PYMNTS research reveals that, while many shoppers have already switched...

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Department Stores Scaling Back as Consumer Spending Slows
Department Stores Scaling Back as Consumer Spending Slows
March 03, 2023  |  Retail

Department stores are adapting to slowing consumer demand by shrinking their operations. Macy’s is rolling out smaller format stores, while Nordstrom is ending its operations...

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Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
March 02, 2023  |  Retail

Off-price and discount retailers are responding to an increasingly clear divide between deal chasers compared to other bargain shoppers as the opportunistic value-seeking trend has...

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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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Price Hike Decisions Becoming ‘More Difficult’ for Procter & Gamble
Price Hike Decisions Becoming ‘More Difficult’ for Procter & Gamble
February 23, 2023  |  Retail

Procter & Gamble’s CFO says the company is at something of a price increase crossroads. Speaking at an industry conference Thursday (Feb. 23), Andre Schulten...

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RBI Monitors Prices of Both Competing Restaurants and Grocers
RBI Monitors Prices of Both Competing Restaurants and Grocers
February 14, 2023  |  Earnings

Amid inflation, RBI keeps watch on not just other QSRs’ pricing but grocers’ as well. Restaurant Brands International, parent company of quick-service restaurant (QSR) giants...

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Restaurants’ Efforts to Absorb Inflation Go Unnoticed by Consumers
Restaurants’ Efforts to Absorb Inflation Go Unnoticed by Consumers
February 14, 2023  |  Consumer Insights

PYMNTS research reveals that restaurants’ moves to absorb food price increases are escaping diners’ notice. Amid inflation, restaurants have been keeping price increases low relative...

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Lyft Stock Decline Draws Sharp Contrast to Uber’s Broader Platform Strategy
Lyft Stock Decline Draws Sharp Contrast to Uber’s Broader Platform Strategy
February 10, 2023  |  Ridesharing

The Uber versus Lyft battle illuminates a stark reality as the pandemic recedes: The broader the platform — the more opportunity for users (and drivers)...

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3 in 10 Subscription Services Are Losing Customers to Competitors
3 in 10 Subscription Services Are Losing Customers to Competitors
January 24, 2023  |  Subscriptions

As subscriptions feel the churn, PYMNTS data shows that many are losing ground to competitors. The Context With subscription commerce taking over many of consumers’...

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