retail spending

Amazon Prime Day Sales Outpace 2023 Event in First Hours
Amazon Prime Day Sales Outpace 2023 Event in First Hours
July 16, 2024  |  Amazon

The first hours of Amazon’s Prime Day reportedly saw sales outpacing those of last year’s event. During the first seven hours of the event on...

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Gen X Shoppers Cut Back on Groceries the Most Amid Inflation
Gen X Shoppers Cut Back on Groceries the Most Amid Inflation
May 21, 2024  |  Consumer Insights

As consumers rethink their spending on groceries amid inflation, PYMNTS Intelligence research reveals, Gen X shoppers are quicker to make changes to everything from what products they...

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Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast Fashion
Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast Fashion
April 22, 2024  |  Retail

With young consumers’ fashion habits rapidly evolving alongside quickly changing social media trends, Express has not been able to keep up. The fast-fashion company, which...

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Fed’s Beige Book Cites Weak Discretionary Spending
Fed’s Beige Book Cites Weak Discretionary Spending
April 17, 2024  |  Economy

Eight times each year the Fed publishes what’s known as the Beige Book — a qualitative take from each of the 12 federal bank districts....

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US Retail Inventories Climb in February
US Retail Inventories Climb in February
April 15, 2024  |  Retail

Retail inventories climbed in February after being flat the prior month. According to the Commerce Department’s Monthly Retail Trade and Food Services report released Monday (April...

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Shoppers Grow Cautious and Creative as Food Prices Climb
Shoppers Grow Cautious and Creative as Food Prices Climb
April 04, 2024  |  Economy

How far will $100 go at the supermarket? Not as far as in 2019. While food inflation has slowed in recent months, costs continue to climb at...

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Consumers Are Spending More, but 6 in 10 Check the Price Tag First
Consumers Are Spending More, but 6 in 10 Check the Price Tag First
April 02, 2024  |  Consumer Insights

As reported last week, data from the Bureau of Economic Analysis confirms February consumer spending was up, a trend some analysts believe could influence the Fed’s decision to...

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Retailers Struggle Amid More Cautious Consumer Spending
Retailers Struggle Amid More Cautious Consumer Spending
March 24, 2024  |  Retail

U.K. and U.S. retailers are reportedly finding that deep discounts aren’t enough to woo consumers. “Even the strongest and highest profile brands up and down the country...

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Consumers ‘Balancing a Lot’ as Retail Sales Slow
Consumers ‘Balancing a Lot’ as Retail Sales Slow
March 17, 2024  |  Consumer Insights

Consumers are growing more hesitant to spend following a long stretch of looser spending. That’s according to a Saturday (March 16) report by the Financial...

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