High Income Consumers news and trends

High-End Retailers May Be Pinched as High Earners Grapple With Card Debt
Consumer Insights // May 24, 2023

The latest data from PYMNTS on paycheck-to-paycheck living shows that high earners feel the pinch of credit card debt and wages that aren’t keeping up with inflation. And that may wind up pinching the higher-end retailers who depend on wealthier households, feeling flush, to keep...

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High-End Retailers May Be Pinched as High Earners Grapple With Card Debt

May 24, 2023
The latest data from PYMNTS on paycheck-to-paycheck living shows that high earners feel the pinch of credit card debt and wages that aren’t keeping up with inflation. And that may wind up pinching the higher-end retailers who depend on wealthier households, feeling flush, to keep the cash registers (the virtual ones, too) ringing. The data […]