FiservCompany DetailsContacthttps://www.fiserv.com/Articles & NewsGrocery RetailConsumer Spending Cools Down Amid Rising InflationOverall consumer spending nationwide in both grocery and retail experiences a cooldown as cost of goods increases, according to new data from Fiserv Inc.Grocery RetailSmall Business Sales Grow Modestly as Consumer Spending Patterns ShiftSmall business sales grew 4.3% year-over-year, and 0.2% month-over-month, according to new data from Fiserv. And, foot traffic grew 5.2% year-over-year and declined 0.5% compared to April.Grocery RetailBOPIS, Food Delivery Picking up MomentumIncreasingly cost-conscious consumers are driving demand for omnichannel experiences, retailer apps and embedded finance offerings that add value without incremental expense, according to a new Fiserv report.Grocery RetailConsumer Spending Growth Slows Down: StudyRestaurant spending growth slowed to +5.1%, while retail spending growth in April (-3.7%) picked up from its March pace (-4.1%).Grocery RetailDelivery Optimization Solution for Grocers, RestaurantsLeveraging the Carat commerce platform, businesses are able to connect their digital commerce operations to more than 40 different delivery providers through a single integration.Request More InformationFill out the form below to request more information about Fiserv
