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As consumers continue to feel the economic strain, they are cutting back on buying boutique, handmade items from independent creators, per Etsy’s latest earnings call. The marketplace shared in its first quarter 2024 financial results…

The long predicted consumer withdrawal has finally arrived. Starbucks announced Alarming decline in same-store sales Shares have fallen sharply in the latest quarter, with shares down 17% on Wednesday. Pizza Hut and KFC Also reported a…

It’s finally here: the long-predicted consumer pullback.

Cautious lower-income consumers and slower restaurant sales are squeezing Kraft Heinz. The packaged food product company on Wednesday (May 1) released earnings showing a 1.2% drop in sales, driven by lower-income consumers spending less at…

ScreenShare: A data partnership between ScreenEngine/ASI & TheWrap

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As scammers and fraudsters become more sophisticated, shoppers are demanding more effective prevention tools from their eCommerce merchants. By the Numbers The PYMNTS Intelligence study “Fraud Management, False Declines and Improved…

Starbucks, Pizza Hut and KFC are among the chains that reported same-store sales declines this quarter.

As companies around the country roll out plans to honor May as Asian American, Native Hawaiian and Pacific Islander Heritage…

As companies around the country roll out plans to honor May as Asian American, Native Hawaiian and Pacific Islander Heritage month, a report released Wednesday suggests members of those communities are paying more attention than ever to…

By The Associated Press As companies around the country roll out plans to honor May as Asian American, Native Hawaiian and Pacific Islander Heritage month, a new report out Wednesday suggests members of those communities are paying more…

Huawei's Richard Yu (Yu Chengdong in Chinese) will allegedly no longer serve as the CEO of the Consumer Business Group, instead moving to the position of Chairman. The new CEO will apparently be He Gang, the former Chief Operating Officer …

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Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory announcements,…

Car loan terms have shortened as buyers with better credit seek cheaper rates for higher monthly payments, a recent Experian report said.

Less than five years after acquiring online insurance startup Assurance IQ for $2.35 billion, Prudential is shutting it down. “Prudential Financial routinely evaluates strategic opportunities for its businesses that are aligned with its…