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Stories published on May 7
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  • Stories published on May 7

Tuesday, May 7

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High-Income Consumers’ Rising Secondhand Purchasing Drives Luxury Consignment Growth

www.pymnts.com

With high-income shoppers disproportionately growing their adoption of secondhand retail channels, The RealReal is seeing its consignment business grow. The luxury resale online marketplace shared in its first-quarter earnings results,…

Consumers Feel Stronger About Selling Homes Than Buying

www.costar.com

Sentiment Strengthens as Mortgage Rates Climb Past 7%

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Budget-Strapped Consumers Are Tired of Being Asked to Tip Self-Checkout Kiosks

www.pymnts.com

For financially constrained consumers, the pressure to tip is verging on the ridiculous, with many customers even asked to add gratuity at self-checkout. By the Numbers The December installment of the “Consumer Inflation Sentiment” series,…

Live Events Take Center Stage in Consumer Spending

www.pymnts.com

As consumers feel their budgets come under pressure, people continue to spring for live event tickets, Vivid Seats’ latest earnings results reveal, even as they cut back on retail purchases. The online ticket resale marketplace reported…

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For 23% of Gen X Consumers, Paying Down Debt Is a Top Financial Goal

www.pymnts.com

As the title of PYMNTS Intelligence’s most recent New Reality Check report, “The Paycheck-to-Paycheck Report: Why 60 Percent of Gen Z’s Live Paycheck to Paycheck,” makes clear, it’s tough out there for younger adults. Fifty-nine percent of…

Consumer Reports petitions for changes to cancer-causing chemicals in car seats

www.wral.com

Researchers, including a Duke PhD candidate, found air samples taken from inside cars contained potential carcinogens or known carcinogens.

U.S. consumers pull back sharply on credit-card use in March

www.marketwatch.com

Total consumer credit rose at a slower pace in March, the Federal Reserve reported Tuesday.

Brands Jostle for CVA 2024 as Consumers Vote

techeconomy.ng

Ongoing voting for brands on the Consumers Value Awards portals, consumers expressed brand satisfaction with their votes. Over 40 categories of brands are listed based on consumers’ nominations on the Consumers Value Awards portal for…

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Spirit Airlines CEO says industry is like a 'rigged game,' US consumers are 'long-term losers'

www.foxbusiness.com

Spirit Airlines CEO Ted Christie told analysts on an earnings call Monday that the airline industry is a "rigged game" that only benefits the Big Four carriers.

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The Best Hybrid SUVs For Less Than $45,000 According To Consumer Reports

jalopnik.com

If there’s one thing American car buyers love, it’s crossovers and SUVs. Sedans and wagons may still get the job done, but there’s just something we love about a little extra ride height, a taller seating position and the practicality of a…

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Chime to pay $4.5 million for illegally delaying consumer refunds

Thousands of consumers had to wait more than 90 days for funds after their accounts were suddenly closed, according to the Consumer Financial Protection Bureau.

Petrol: NNPC assures consumers of 30-days sufficiency as petrol supply improves

www.vanguardngr.com

NNPC Limited has assured consumers that it has enough petrol in stock to last for the next 30 days as supply continues to improve across the country.

????Bust dust with these Spring cleaning essentials approved by consumer experts

That dust that’s been collecting while you were stuck indoors has got to go. But don’t try to brush it away with a feather duster—that will only make things worse. Here are some recommended dusting tools from cleaning pros and the experts…

Confusion prevails among LPG consumers about biometric data collection

www.thehindu.com

Many, particularly senior citizens and persons with disabilities, are finding it difficult to provide the details, while others question the need for such an exercise when the agencies already had their Aadhaar details