Amid financial uncertainties, U.S. consumers are becoming more discerning in what nice-to-have retail products they are willing to indulge in, shifting their purchasing away from major...
The newly released fourth annual commerce industry report by Coveo, a Quebec-based SaaS search engine powered by artificial intelligence, examines consumer shopping preferences, expectations and frustrations. The...
Consumers might be squeezed by inflation, but it seems their wallets aren’t tight enough to stop them spending on enjoying a good time. At least, that’s...
As convenience-seeking shoppers make more of their purchases online, malls are adapting to focus more on on-site, immersive experiences rather than just on the quality and...
Consumers are increasingly buying clothing from third-party digital marketplaces, forcing more retailers to close shop. Most recently, Ted Baker’s North American business announced Friday (May 10) that amid bankruptcy...
They’re probably not going to Paris to see Taylor Swift. But spending among older, high-income consumers has led a Q1 travel surge that cuts across income and...
Consumers are souring about the near-term outlook — on inflation, job prospects and interest rates. Where there’s worry, there’s possibly some saving for a rainy day...
Americans are continuing their post-pandemic online spending spree in 2024, despite the pain of stubborn inflation and interest rates at a two-decade high. And a major...
Earnings season’s not over yet — and the picture on consumer spending is mixed thus far. The payment networks and banks have noted that though consumers...
In multiple Q1 earnings calls on Tuesday, executives highlighted that US consumers are prioritizing affordability, seeking deals, and trading down when possible. As Amazon CEO Andy...
Consumers are willing to spend an arm and a leg on their weddings — possibly more than once, according to David’s Bridal. In an interview with PYMNTS...
When low-income shoppers tap digital channels, they prefer to shop with retailers rather than going straight to brands’ eCommerce shops, trusting stores to offer them the...