#consumer-spending

[ follow ]
from time.com
15 hours ago

Successful White Men Alone Can't Create America's Economic Future

America's economic future relies on inclusive access to financial resources and opportunities for all demographics.
#sales-growth

Walmart shares rise on third quarter jump in sales and profits as low prices attract inflation-hit Americans

Walmart's strategy of low prices effectively attracts shoppers and boosts sales, exemplifying consumer behavior amidst current economic challenges.

Target CEO says shoppers are stretched and waiting until 'the last moment of need' to buy items

Target's third-quarter results fell short, revealing consumers' shift from 'resilient' to 'resourceful' spending behaviors.

Walmart shares rise on third quarter jump in sales and profits as low prices attract inflation-hit Americans

Walmart's strategy of low prices effectively attracts shoppers and boosts sales, exemplifying consumer behavior amidst current economic challenges.

Target CEO says shoppers are stretched and waiting until 'the last moment of need' to buy items

Target's third-quarter results fell short, revealing consumers' shift from 'resilient' to 'resourceful' spending behaviors.
moresales-growth
#economic-growth

The U.S. economy is growing solidly. Here's what's working and what's not

The U.S. economy grew at a solid rate of 2.8%, primarily supported by strong consumer spending amid a healthy job market.

Wealthier Americans are driving retail spending and powering US economy

Wealthier consumers are primarily responsible for continued retail spending despite high prices, while lower-income consumers struggle with inflation.

How Much Does the Average Person Spend per Year? (2023) - Shopify

Understanding consumer spending patterns is crucial for businesses targeting the US market.
Consumer spending in the US increased significantly from 2020 to 2022, outpacing income growth.

The Fed's Preferred Inflation Gauge Cooled in August

Inflation has shown signs of cooling, which may prompt further interest rate cuts by the Federal Reserve.

What's next for the "remarkably good" economy

The Fed is cautious about lowering rates due to strong economic performance and uncertainty in future policies.

The U.S. economy is growing solidly. Here's what's working and what's not

The U.S. economy grew at a solid rate of 2.8%, primarily supported by strong consumer spending amid a healthy job market.

Wealthier Americans are driving retail spending and powering US economy

Wealthier consumers are primarily responsible for continued retail spending despite high prices, while lower-income consumers struggle with inflation.

How Much Does the Average Person Spend per Year? (2023) - Shopify

Understanding consumer spending patterns is crucial for businesses targeting the US market.
Consumer spending in the US increased significantly from 2020 to 2022, outpacing income growth.

The Fed's Preferred Inflation Gauge Cooled in August

Inflation has shown signs of cooling, which may prompt further interest rate cuts by the Federal Reserve.

What's next for the "remarkably good" economy

The Fed is cautious about lowering rates due to strong economic performance and uncertainty in future policies.
moreeconomic-growth
#black-friday

When is Black Friday? Here's what you need to know before you shop

Black Friday sales will kickstart the holiday shopping season with significant discounts, amidst record-high projected holiday spending.

Black Friday weekend spending to hit 9.14 billionaire as shoppers stock up for Christmas - London Business News | Londonlovesbusiness.com

Consumers in the UK are expected to spend £9.14bn over the Black Friday weekend, marking a 4.5% increase from last year.

How to save while you spend this Black Friday with deals and discounts

Planning and using discount strategies can significantly enhance savings during Black Friday shopping, as many consumers fail to take advantage of available tools.

When is Black Friday? Here's what you need to know before you shop

Black Friday sales will kickstart the holiday shopping season with significant discounts, amidst record-high projected holiday spending.

Black Friday weekend spending to hit 9.14 billionaire as shoppers stock up for Christmas - London Business News | Londonlovesbusiness.com

Consumers in the UK are expected to spend £9.14bn over the Black Friday weekend, marking a 4.5% increase from last year.

How to save while you spend this Black Friday with deals and discounts

Planning and using discount strategies can significantly enhance savings during Black Friday shopping, as many consumers fail to take advantage of available tools.
moreblack-friday
#tariffs

These retailers may raise prices if Trump's tariffs take effect

Consumers may face higher prices at retail stores due to potential new tariffs, significantly impacting their spending power.

What Trump's win means for retail giants like Walmart, Target, and Costco

Trump's second term is anticipated to significantly alter the retail landscape through tariffs, tax cuts, and regulatory changes.

Trump's win spells trouble for a luxury comeback in China

Tariffs and nationalism threaten luxury brands' recoveries in China after Trump's election, complicating their stronghold.

Read This Before You Start Doomsday Prepping for Trump's Second Term

The election results led to immediate emotional and economic reactions, with consumers adapting to anticipated changes in policies under Trump administration.

These retailers may raise prices if Trump's tariffs take effect

Consumers may face higher prices at retail stores due to potential new tariffs, significantly impacting their spending power.

What Trump's win means for retail giants like Walmart, Target, and Costco

Trump's second term is anticipated to significantly alter the retail landscape through tariffs, tax cuts, and regulatory changes.

Trump's win spells trouble for a luxury comeback in China

Tariffs and nationalism threaten luxury brands' recoveries in China after Trump's election, complicating their stronghold.

Read This Before You Start Doomsday Prepping for Trump's Second Term

The election results led to immediate emotional and economic reactions, with consumers adapting to anticipated changes in policies under Trump administration.
moretariffs
#stock-market

5 titans of French luxury grew $50 billion richer in a week - and are now worth more than Costco

China's stimulus plans added $50 billion to the wealth of five luxury brand magnates, highlighting rising consumer optimism.

Costco profits beat Wall Street expectations

Costco's profits exceeded expectations, indicating strong consumer spending despite inflation.

Live Markets Today: Nasdaq Composite and S&P 500 Deep in the Red | SMCI, WMT

Stock markets are experiencing widespread declines ahead of uncertainty fueled by geopolitical tensions and mixed corporate earnings.

5 titans of French luxury grew $50 billion richer in a week - and are now worth more than Costco

China's stimulus plans added $50 billion to the wealth of five luxury brand magnates, highlighting rising consumer optimism.

Costco profits beat Wall Street expectations

Costco's profits exceeded expectations, indicating strong consumer spending despite inflation.

Live Markets Today: Nasdaq Composite and S&P 500 Deep in the Red | SMCI, WMT

Stock markets are experiencing widespread declines ahead of uncertainty fueled by geopolitical tensions and mixed corporate earnings.
morestock-market
#economic-challenges

China's luxury slump is trickling down to other consumer companies

China's luxury market slump is expanding to general consumer brands as sales decline due to weak consumer confidence and economic challenges.

America's Inflation Fight Is Ending, but It's Leaving a Legacy

Inflation is cooling, but many Americans still face economic challenges due to high prices and housing affordability issues.

Council Post: What Is The Fear Economy, And Is Your Business Drowning In It?

Even in a fear economy, businesses can succeed by identifying and targeting new customer bases willing to spend.

China's luxury slump is trickling down to other consumer companies

China's luxury market slump is expanding to general consumer brands as sales decline due to weak consumer confidence and economic challenges.

America's Inflation Fight Is Ending, but It's Leaving a Legacy

Inflation is cooling, but many Americans still face economic challenges due to high prices and housing affordability issues.

Council Post: What Is The Fear Economy, And Is Your Business Drowning In It?

Even in a fear economy, businesses can succeed by identifying and targeting new customer bases willing to spend.
moreeconomic-challenges
#retail-sales

Americans are spending big on cars and gadgets-and going into debt to do it

Healthy consumer spending is currently driving economic growth in the U.S.

Why small businesses and retailers are bracing for a frosty 2024 holiday sales season

Small businesses face challenges despite overall retail growth due to consumer spending cuts influenced by inflation.
Uncertainty about holiday marketing strategies raises concerns for small businesses during crucial sales periods.

Retail sales rose in October ahead of holiday season

Consumer spending is on the rise, reflecting steady economic growth despite challenges such as inflation.

Wealthier Americans are driving retail spending

Wealthy consumers are driving retail and restaurant spending, despite inflation and high prices affecting lower-income households.
Consumer spending remains a key factor supporting U.S. economic growth against the backdrop of high prices and interest rates.

Auto parts and dollar store execs warn that low-income Americans are stretched thin and running on borrowed time

Retail sales have remained strong despite economic concerns, benefiting value-oriented retailers.
Consumer experience varies widely by income, revealing underlying economic disparities.

Retail's summer of disappointment continues into autumn as in-store sales record flat growth - London Business News | Londonlovesbusiness.com

Retail sales rose 4.7%, primarily from online growth; high street stores remain challenged ahead of the Christmas period.

Americans are spending big on cars and gadgets-and going into debt to do it

Healthy consumer spending is currently driving economic growth in the U.S.

Why small businesses and retailers are bracing for a frosty 2024 holiday sales season

Small businesses face challenges despite overall retail growth due to consumer spending cuts influenced by inflation.
Uncertainty about holiday marketing strategies raises concerns for small businesses during crucial sales periods.

Retail sales rose in October ahead of holiday season

Consumer spending is on the rise, reflecting steady economic growth despite challenges such as inflation.

Wealthier Americans are driving retail spending

Wealthy consumers are driving retail and restaurant spending, despite inflation and high prices affecting lower-income households.
Consumer spending remains a key factor supporting U.S. economic growth against the backdrop of high prices and interest rates.

Auto parts and dollar store execs warn that low-income Americans are stretched thin and running on borrowed time

Retail sales have remained strong despite economic concerns, benefiting value-oriented retailers.
Consumer experience varies widely by income, revealing underlying economic disparities.

Retail's summer of disappointment continues into autumn as in-store sales record flat growth - London Business News | Londonlovesbusiness.com

Retail sales rose 4.7%, primarily from online growth; high street stores remain challenged ahead of the Christmas period.
moreretail-sales
#retail-industry

Walmart In Powerful Position Ahead Of Holidays

Walmart's shares surged 56% this year, outperforming the S&P 500, suggesting a promising short-term outlook.

Why Amazon's Prime Day may not be the holiday shopping bellwether it usually is this year

Prime Day serves as a predictor for holiday sales, but current economic factors may dampen consumer spending this season.

What employees and customers need to know about rights as Homebase nears collapse - London Business News | Londonlovesbusiness.com

Homebase is nearing collapse due to reduced consumer spending, risking over six thousand employee jobs and affecting customer orders.

Walmart In Powerful Position Ahead Of Holidays

Walmart's shares surged 56% this year, outperforming the S&P 500, suggesting a promising short-term outlook.

Why Amazon's Prime Day may not be the holiday shopping bellwether it usually is this year

Prime Day serves as a predictor for holiday sales, but current economic factors may dampen consumer spending this season.

What employees and customers need to know about rights as Homebase nears collapse - London Business News | Londonlovesbusiness.com

Homebase is nearing collapse due to reduced consumer spending, risking over six thousand employee jobs and affecting customer orders.
moreretail-industry

What's Trending in the World of Jewellery and Watches

Invest in timeless jewellery trends like the torque due to their durability and increasing popularity in a cautious economic climate.

Advent Calendars Help Drive Business Success During Holidays | Entrepreneur

Advent calendars are evolving, becoming popular beyond children's treats, and appealing to adults with creative and high-quality offerings.
#marketing-strategies

'Merry and bright': How marketers are evolving for ambitious holiday shoppers

Consumers are expected to spend significantly during the 2024 holiday season, driven by economic optimism and a shift in marketing strategies.

Spooktacular Halloween Marketing Ideas And Ads: How To Cast A Spell On Your Customers

Consumers spend heavily on Halloween, totaling $12.2 billion in 2023, highlighting the need for effective marketing strategies.

'Merry and bright': How marketers are evolving for ambitious holiday shoppers

Consumers are expected to spend significantly during the 2024 holiday season, driven by economic optimism and a shift in marketing strategies.

Spooktacular Halloween Marketing Ideas And Ads: How To Cast A Spell On Your Customers

Consumers spend heavily on Halloween, totaling $12.2 billion in 2023, highlighting the need for effective marketing strategies.
moremarketing-strategies
#china-economy

China's rate cuts may actually worsen the economy

China's recent stimulus measures have not yet translated into substantial consumer aid to revive demand.

Cartier owner Richemont posts dip in sales due to Chinese luxury downturn

Richemont experienced a 20% drop in net profit due to declining sales in China, affecting the luxury sector significantly.

China's rate cuts may actually worsen the economy

China's recent stimulus measures have not yet translated into substantial consumer aid to revive demand.

Cartier owner Richemont posts dip in sales due to Chinese luxury downturn

Richemont experienced a 20% drop in net profit due to declining sales in China, affecting the luxury sector significantly.
morechina-economy
#financial-trends

These 3 Stocks Are Winning Thanks to Baby Boomers

Seniors are increasing their discretionary spending due to financial advantages, unlike younger cohorts.

Boomers are subsidizing Gen Z and millennial spending habits, 'Oracle of Wall Street' says

Gen Z and millennials are increasingly supported by Baby Boomer parents, driving significant consumer spending despite economic challenges.

These 3 Stocks Are Winning Thanks to Baby Boomers

Seniors are increasing their discretionary spending due to financial advantages, unlike younger cohorts.

Boomers are subsidizing Gen Z and millennial spending habits, 'Oracle of Wall Street' says

Gen Z and millennials are increasingly supported by Baby Boomer parents, driving significant consumer spending despite economic challenges.
morefinancial-trends

Six of the Most Expensive Mountain Bikes You Could Buy Today

High-end mountain bikes are increasingly expensive, often rivaling motorcycles and cars in price, raising questions about value for money.

Wellness Industry Hits Record: Bigger Than Sports, Pharma | Entrepreneur

The global wellness market grew to $6.32 trillion in 2023, driven by a post-pandemic emphasis on health and wellness.
The wellness market spans many industries including personal care, beauty, weight loss, health, nutrition, and wellness real estate.
#economic-impact

One in four consumers will spend less on Christmas if budget tax rises hit income

Autumn Budget 2024 may lead to reduced consumer spending during the festive season, impacting hospitality businesses negatively.

Post-election, CFOs should 'focus on what they can control,' advises economist

Election Day brings economic uncertainty, leading Millennials and Gen Z to cut back on spending, impacting major purchases and consumer behavior.

One in four consumers will spend less on Christmas if budget tax rises hit income

Autumn Budget 2024 may lead to reduced consumer spending during the festive season, impacting hospitality businesses negatively.

Post-election, CFOs should 'focus on what they can control,' advises economist

Election Day brings economic uncertainty, leading Millennials and Gen Z to cut back on spending, impacting major purchases and consumer behavior.
moreeconomic-impact
#inflation

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

The U.S. economy showed surprising strength, growing at a 2.8% rate, driven by consumer spending in a challenging interest rate environment.

The Fed Says Inflation Is Over

The Fed's rate cut indicates a shift towards supporting economic growth rather than solely focusing on inflation.

GDP Report Shows US Economy Grew at 2.8% Rate

Consumers are actively spending, contributing to a strong U.S. economy with a steady GDP growth of 2.8% in Q3.

U.S. economy is 'firing on all cylinders'. Here's why

The U.S. economy showed robust growth in Q3, with consumer spending surging and inflation rates declining significantly.

Despite Global Crises, Gas Prices Slide as U.S. Election Nears

Gasoline prices are dropping, nearing $3 a gallon, making travel more affordable ahead of the presidential elections.

The Job Market Is Chugging Along, Completing a Solid Economic Picture

The economy is showing strength with robust job growth and wage increases, contributing to an optimistic outlook ahead of the presidential election.

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

The U.S. economy showed surprising strength, growing at a 2.8% rate, driven by consumer spending in a challenging interest rate environment.

The Fed Says Inflation Is Over

The Fed's rate cut indicates a shift towards supporting economic growth rather than solely focusing on inflation.

GDP Report Shows US Economy Grew at 2.8% Rate

Consumers are actively spending, contributing to a strong U.S. economy with a steady GDP growth of 2.8% in Q3.

U.S. economy is 'firing on all cylinders'. Here's why

The U.S. economy showed robust growth in Q3, with consumer spending surging and inflation rates declining significantly.

Despite Global Crises, Gas Prices Slide as U.S. Election Nears

Gasoline prices are dropping, nearing $3 a gallon, making travel more affordable ahead of the presidential elections.

The Job Market Is Chugging Along, Completing a Solid Economic Picture

The economy is showing strength with robust job growth and wage increases, contributing to an optimistic outlook ahead of the presidential election.
moreinflation
#home-decor

I Asked 3 Pro Organizers to Share the Best Way to Store Halloween Decor, and They Had 9 Tips

Organizing Halloween decorations requires proper labeling and storage solutions to prevent damage and facilitate easy access.

I shopped at Anthropologie and Target for fall decor. One store had a wider selection, but the other had more discounts.

Retailers are prioritizing winter holiday decor over fall items earlier than usual.
Target provides a larger selection of fall decor, while Anthropologie emphasizes discounts on quality.

I Asked 3 Pro Organizers to Share the Best Way to Store Halloween Decor, and They Had 9 Tips

Organizing Halloween decorations requires proper labeling and storage solutions to prevent damage and facilitate easy access.

I shopped at Anthropologie and Target for fall decor. One store had a wider selection, but the other had more discounts.

Retailers are prioritizing winter holiday decor over fall items earlier than usual.
Target provides a larger selection of fall decor, while Anthropologie emphasizes discounts on quality.
morehome-decor
#home-improvement

Renovation projects remain popular, but homeowners often need help paying for them

Homeowners increasingly favor remodeling over moving due to supply and affordability issues in the housing market.

Property price rises prompt people to renovate homes instead of relocating

Irish homeowners are increasingly opting to renovate rather than relocate due to rising property prices.

Renovation projects remain popular, but homeowners often need help paying for them

Homeowners increasingly favor remodeling over moving due to supply and affordability issues in the housing market.

Property price rises prompt people to renovate homes instead of relocating

Irish homeowners are increasingly opting to renovate rather than relocate due to rising property prices.
morehome-improvement
#us-economy

A key US consumer indicator has dipped to 'crisis levels,' SocGen says

The US personal savings rate has fallen below 3%, signaling potential economic weakness and a warning for investors.

U.S. economy grows at robust rate before Election Day

GDP grew 2.8% in Q3, driven by strong consumer spending and positive underlying measures of demand.

Mortgage Rates Rise to a 2-Month High: Our Economist Explains What It Means for the Housing Market

Mortgage applications declined despite high rates, but demand shows improvement over last year.
Consumer spending and job stability indicate a strong U.S. economy.
Political sentiment is influencing where Americans choose to live as elections approach.

A key US consumer indicator has dipped to 'crisis levels,' SocGen says

The US personal savings rate has fallen below 3%, signaling potential economic weakness and a warning for investors.

U.S. economy grows at robust rate before Election Day

GDP grew 2.8% in Q3, driven by strong consumer spending and positive underlying measures of demand.

Mortgage Rates Rise to a 2-Month High: Our Economist Explains What It Means for the Housing Market

Mortgage applications declined despite high rates, but demand shows improvement over last year.
Consumer spending and job stability indicate a strong U.S. economy.
Political sentiment is influencing where Americans choose to live as elections approach.
moreus-economy
#halloween

Tips to Reduce Halloween Waste

Halloween spending in the U.S. will surpass $11 billion, raising concerns about waste from quickly discarded costumes and decorations.

Halloween's Mutation: From Humble Holiday to Retail Monstrosity

Halloween has evolved from a pagan celebration to a major consumer spending event, with projected sales of $11.6 billion in 2024.

How Long Does Halloween Candy Last?

Candy has a long shelf life and can often be consumed past its expiration date without significant health risks.

Here Are The Most Popular Halloween Costumes of 2024

Americans are predicted to spend $11.6 billion on Halloween this year, indicating a decline but reflecting ongoing consumer interest in costume shopping.

Ranked: The most popular costumes for adults, pets, and kids this Halloween

Halloween costume spending is projected to reach $3.8 billion this year, showcasing significant interest in the holiday.
Spider-Man remains the top costume choice for children in 2024.

It's my first Halloween in the UK for two decades and my American children are not impressed | Emma Brockes

Halloween is increasingly popular in the UK, with spending growing significantly, driven mainly by younger generations.

Tips to Reduce Halloween Waste

Halloween spending in the U.S. will surpass $11 billion, raising concerns about waste from quickly discarded costumes and decorations.

Halloween's Mutation: From Humble Holiday to Retail Monstrosity

Halloween has evolved from a pagan celebration to a major consumer spending event, with projected sales of $11.6 billion in 2024.

How Long Does Halloween Candy Last?

Candy has a long shelf life and can often be consumed past its expiration date without significant health risks.

Here Are The Most Popular Halloween Costumes of 2024

Americans are predicted to spend $11.6 billion on Halloween this year, indicating a decline but reflecting ongoing consumer interest in costume shopping.

Ranked: The most popular costumes for adults, pets, and kids this Halloween

Halloween costume spending is projected to reach $3.8 billion this year, showcasing significant interest in the holiday.
Spider-Man remains the top costume choice for children in 2024.

It's my first Halloween in the UK for two decades and my American children are not impressed | Emma Brockes

Halloween is increasingly popular in the UK, with spending growing significantly, driven mainly by younger generations.
morehalloween
#mcdonalds

McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts

McDonald's sales decline reflects challenges driven by food inflation and changing consumer spending habits. CEO stresses value and affordability in response.

McDonald's posts biggest decline in global sales in four years

McDonald's faces significant sales drop due to reduced consumer spending and geopolitical factors, marking the largest decline in four years.

McDonald's customers in UK and France not Lovin' It' as global sales slump

McDonald's faces declining sales internationally but sees an uptick in the U.S. due to strong marketing and value offerings.

McDonald's Focus on Value Bolsters U.S. Sales

McDonald's $5 meal deals helped stabilize U.S. sales despite overall global declines amid health crisis.

McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts

McDonald's sales decline reflects challenges driven by food inflation and changing consumer spending habits. CEO stresses value and affordability in response.

McDonald's posts biggest decline in global sales in four years

McDonald's faces significant sales drop due to reduced consumer spending and geopolitical factors, marking the largest decline in four years.

McDonald's customers in UK and France not Lovin' It' as global sales slump

McDonald's faces declining sales internationally but sees an uptick in the U.S. due to strong marketing and value offerings.

McDonald's Focus on Value Bolsters U.S. Sales

McDonald's $5 meal deals helped stabilize U.S. sales despite overall global declines amid health crisis.
moremcdonalds

These Are the Best and Worst Airports for Holiday Travel, According to MarketWatch

Research shows significant holiday travel plans, and flight options vary widely in quality, cost, and reliability.
Harry Reid International Airport offers the best travel experience during the holiday season with lower fares.
#personal-finance

Dave Ramsey says "if you borrowed the money to do it, you couldn't afford to do it" - and he's got a point

Dave Ramsey emphasizes avoiding debt by paying for purchases upfront, warning against financing decisions.

'Shark Tank' star Kevin O'Leary says buying lunch or coffee is like burning money - and risks delaying retirement

Small daily purchases can significantly impact long-term savings and retirement plans according to Kevin O'Leary.

Dave Ramsey says "if you borrowed the money to do it, you couldn't afford to do it" - and he's got a point

Dave Ramsey emphasizes avoiding debt by paying for purchases upfront, warning against financing decisions.

'Shark Tank' star Kevin O'Leary says buying lunch or coffee is like burning money - and risks delaying retirement

Small daily purchases can significantly impact long-term savings and retirement plans according to Kevin O'Leary.
morepersonal-finance

John Lewis opens new-look beauty hall as temples of pampering return to high street

Department store beauty halls are resurging, indicating a trend towards prioritizing luxury personal care amidst growing consumer spending.
Britons are increasingly viewing luxury beauty products as essential for physical and emotional wellbeing.
#holiday-shopping

Buy now, pay later services to hit record this holiday shopping season

Record spending on BNPL services is anticipated this holiday season, reflecting shifting consumer payment preferences amid growing debt concerns.

Buy now, pay later: Here's what borrowers are spending and buying

Buy now, pay later services are surging in popularity, contributing significantly to holiday spending.
Consumer reliance on BNPL is indicative of evolving shopping habits, especially after the pandemic.

Target goes on another price-cutting spree: List of cheaper items hits 10,000 to kick off the holiday shopping wars

Target is aggressively lowering prices on over 10,000 items for the holiday shopping season to attract consumers amidst inflation.
Retailers like Target are focusing on competitive pricing to capture consumer spending during the crucial holiday season.

Buy now, pay later services to hit record this holiday shopping season

Record spending on BNPL services is anticipated this holiday season, reflecting shifting consumer payment preferences amid growing debt concerns.

Buy now, pay later: Here's what borrowers are spending and buying

Buy now, pay later services are surging in popularity, contributing significantly to holiday spending.
Consumer reliance on BNPL is indicative of evolving shopping habits, especially after the pandemic.

Target goes on another price-cutting spree: List of cheaper items hits 10,000 to kick off the holiday shopping wars

Target is aggressively lowering prices on over 10,000 items for the holiday shopping season to attract consumers amidst inflation.
Retailers like Target are focusing on competitive pricing to capture consumer spending during the crucial holiday season.
moreholiday-shopping
#restaurant-industry

Resy CEO and Industry Veterans Reveal What U.S Diners Want | Entrepreneur

The U.S. restaurant industry is evolving, emphasizing social dining experiences amidst rising sales and technology-driven convenience.

BurgerFi files for Chapter 11 bankruptcy: Will it close more restaurant locations?

BurgerFi International has filed for Chapter 11 bankruptcy to stabilize operations amid rising costs and declining consumer spending.

Resy CEO and Industry Veterans Reveal What U.S Diners Want | Entrepreneur

The U.S. restaurant industry is evolving, emphasizing social dining experiences amidst rising sales and technology-driven convenience.

BurgerFi files for Chapter 11 bankruptcy: Will it close more restaurant locations?

BurgerFi International has filed for Chapter 11 bankruptcy to stabilize operations amid rising costs and declining consumer spending.
morerestaurant-industry

Thailand's cash handouts made a 'very good' month even better for retail conglomerate Berli Jucker's CEO

The recent cash handouts in Thailand positively affected retail sales but may only provide short-term relief due to high household debt.
#deflation

How E-Commerce Is Making China's Deflation Worse

Pinduoduo's price-cutting pressure reflects broader economic conditions in China, impacting sellers' profitability and consumer spending.

Wet weather drives UK retailers to slash prices in September

UK retailers experienced a 0.6% drop in shop prices in September, the steepest decline in three years due to significant discounts.

How E-Commerce Is Making China's Deflation Worse

Pinduoduo's price-cutting pressure reflects broader economic conditions in China, impacting sellers' profitability and consumer spending.

Wet weather drives UK retailers to slash prices in September

UK retailers experienced a 0.6% drop in shop prices in September, the steepest decline in three years due to significant discounts.
moredeflation
#interest-rates

The home mortgage refinance mini-boom

Homeowners are increasingly refinancing mortgages to lower monthly payments as rates ease, benefiting consumer spending.

EV Shoppers May Feel Some Relief After Fed Cuts Interest Rates

Federal Reserve rate cut may encourage car purchases, especially electric vehicles (EVs).
High interest rates over recent years had deterred many car buyers.
EV market could see increased sales as prices become more competitive.

The home mortgage refinance mini-boom

Homeowners are increasingly refinancing mortgages to lower monthly payments as rates ease, benefiting consumer spending.

EV Shoppers May Feel Some Relief After Fed Cuts Interest Rates

Federal Reserve rate cut may encourage car purchases, especially electric vehicles (EVs).
High interest rates over recent years had deterred many car buyers.
EV market could see increased sales as prices become more competitive.
moreinterest-rates
from Business Insider
1 month ago

Amazon earnings: What investors should know about recent revenues, profits

Amazon's Q2 2024 earnings report showed a decline in net sales amidst cautious consumer spending, contrasting earlier strong results.
#online-shopping

Creators Spur More Spend this Holiday Season, Adobe Forecasts

Eased inflation is prompting increased online spending, driven significantly by creators and social media influencers, with estimates of $240.8 billion in holiday sales.

Nearly half of US consumers spent more than $2,500 on online shopping this year

US consumers are increasingly spending substantial amounts on online shopping, highlighting the importance of robust digital retail strategies.

Creators Spur More Spend this Holiday Season, Adobe Forecasts

Eased inflation is prompting increased online spending, driven significantly by creators and social media influencers, with estimates of $240.8 billion in holiday sales.

Nearly half of US consumers spent more than $2,500 on online shopping this year

US consumers are increasingly spending substantial amounts on online shopping, highlighting the importance of robust digital retail strategies.
moreonline-shopping

UK economy set to grow twice as fast as predicted, but investment boost needed, experts warn

The UK economy is projected to grow 1% in 2023, doubling earlier estimates amid cautious consumer spending influenced by recent economic shocks.

Retail sales surge to two-year high as British shoppers snap up summer deals

UK retail sales surged by 2.5% in August, the highest in two years, fueled by increased consumer spending on food and clothing.

Nike appoints new CEO as sportswear giant's sales come under pressure

Elliott Hill rejoined Nike as CEO to enhance brand strategy amidst slowing sales and competition.

This Midwest Airport Is No. 1 in Customer Satisfaction, According to a New Ranking

Minneapolis-Saint Paul International Airport tops the 2024 J.D. Power satisfaction rankings, signaling a shift despite the ongoing high demand at major airports.

The Retail Rollercoaster: Winners, Losers, and the Economic Red Flags

Walmart's strong sales contrast with struggles faced by discount retailers, indicating a potential economic downturn.
[ Load more ]