Consumer Spending

Father’s Day Spending Projected to Slide as Consumers Cut Back
Father’s Day Spending Projected to Slide as Consumers Cut Back
June 03, 2024  |  Retail

As with Mother’s Day last month, consumers have a little less to spend on Dad for Father’s Day this year. Last year saw Americans spend record...

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Consumers Are Fed Up With Tipping and Take to Social Media to Prove It
Consumers Are Fed Up With Tipping and Take to Social Media to Prove It
June 03, 2024  |  Economy

Social media offers a running commentary on consumer sentiment and serves as a barometer of backlash. It may be the case that tiplflation is pushing...

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From Space Oreos to Garfield La-Z-Boys, Retail Brands Go to Hollywood
From Space Oreos to Garfield La-Z-Boys, Retail Brands Go to Hollywood
June 01, 2024  |  Retail

Retail brands are looking to the silver screen to get shoppers excited, so roll out the red carpet for PYMNTS weekender’s roundup of the quirkiest...

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Will April’s Dip in Food Prices Give Paycheck-to-Paycheck Consumers a Break?
Will April’s Dip in Food Prices Give Paycheck-to-Paycheck Consumers a Break?
May 31, 2024  |  Economy

Inflation’s heady pace may have slowed a bit, but one wonders if a slight decline in food prices will be enough to make the paycheck-to-paycheck...

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Amazon Follows Walmart in Slashing Grocery Prices to Gain Share
Amazon Follows Walmart in Slashing Grocery Prices to Gain Share
May 31, 2024  |  Retail

As Amazon looks to make a dent in Walmart’s share of consumer grocery spending, the eCommerce company is joining the list of retail giants making...

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Costco Mulls Raising Membership Fee, Add Warehouses Amid Rising Sales
Costco Mulls Raising Membership Fee, Add Warehouses Amid Rising Sales
May 30, 2024  |  Retail

Costco is weighing a raise in its membership fee, and plans to add new warehouses and expand partnerships amid rising sales, the retailer said Thursday...

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Dollar General Earnings Show Changes in Paycheck-to-Paycheck Spend
Dollar General Earnings Show Changes in Paycheck-to-Paycheck Spend
May 30, 2024  |  Earnings

As a pulse check on the paycheck-to-paycheck consumer, Dollar General’s most recent Q1 earnings showed that one of the economy’s most closely watched demographic groups...

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Bank of America CEO: Consumers, Businesses Pulling Back on Spending
Bank of America CEO: Consumers, Businesses Pulling Back on Spending
May 30, 2024  |  Economy

Brian Moynihan, CEO of Bank of America, said higher inflation and interest rates have dampened consumer and business spending this year. From hardware to software,...

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Best Buy: Shoppers Are Shifting Their Spending Toward Seasonal Sales
Best Buy: Shoppers Are Shifting Their Spending Toward Seasonal Sales
May 30, 2024  |  Retail

As consumers prove more cautious about their discretionary retail spending, Best Buy is seeing shoppers hold off until sales events to make big purchases. On...

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