#inflation-impact

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#consumer-behavior

Feeling the pinch, groceries become a 'splurge' for millennials and Gen Z

Younger generations prioritize grocery spending, surpassing other traditional splurge categories, amidst widespread inflation affecting all age groups.

Champagne sales sink because people don't want to celebrate

Champagne sales are declining due to inflation and a global sense of uncertainty, affecting consumption patterns and mood around celebrations.

Target ramps up seasonal staffing, will hire nearly 100,000 workers

Target is hiring 100,000 seasonal workers for holiday shopping, maintaining previous years' levels despite slow sales growth projections.
Persistent inflation is leading consumers to be more frugal, impacting projected retail sales growth for the holiday season.

Council Post: Holiday Trends Impacting Customers And How Businesses Can Prepare

Businesses should adapt to decreased consumer budgets and capitalize on the early holiday shopping trend by launching marketing campaigns and managing stock effectively.

Instacart shoppers are using the app's 'reorder items' button to see how much grocery prices increased over the years

E-receipts give insight into inflation impact

Restaurant groups' at-home sales climb 4.5% year-on-year in April - London Business News | Londonlovesbusiness.com

Britain's top managed restaurant groups achieved 4.5% year-on-year growth in delivery and takeaway sales in April 2024.

Feeling the pinch, groceries become a 'splurge' for millennials and Gen Z

Younger generations prioritize grocery spending, surpassing other traditional splurge categories, amidst widespread inflation affecting all age groups.

Champagne sales sink because people don't want to celebrate

Champagne sales are declining due to inflation and a global sense of uncertainty, affecting consumption patterns and mood around celebrations.

Target ramps up seasonal staffing, will hire nearly 100,000 workers

Target is hiring 100,000 seasonal workers for holiday shopping, maintaining previous years' levels despite slow sales growth projections.
Persistent inflation is leading consumers to be more frugal, impacting projected retail sales growth for the holiday season.

Council Post: Holiday Trends Impacting Customers And How Businesses Can Prepare

Businesses should adapt to decreased consumer budgets and capitalize on the early holiday shopping trend by launching marketing campaigns and managing stock effectively.

Instacart shoppers are using the app's 'reorder items' button to see how much grocery prices increased over the years

E-receipts give insight into inflation impact

Restaurant groups' at-home sales climb 4.5% year-on-year in April - London Business News | Londonlovesbusiness.com

Britain's top managed restaurant groups achieved 4.5% year-on-year growth in delivery and takeaway sales in April 2024.
moreconsumer-behavior
#small-business-challenges

Almost flat GDP growth is reflection of difficult trading conditions, small firms warn - London Business News | Londonlovesbusiness.com

Small businesses are struggling despite stable GDP growth, but lower-than-expected inflation may lead to potential interest rate cuts.
Support for small firms must be central to upcoming strategies as they have substantial growth potential if conditions improve.

How Much Small Businesses Pay Their Employees in Every State | Entrepreneur

Inflation led to 35% of small businesses reducing staff due to increasing costs. OnDeck analyzed where small businesses pay employees most.

Almost flat GDP growth is reflection of difficult trading conditions, small firms warn - London Business News | Londonlovesbusiness.com

Small businesses are struggling despite stable GDP growth, but lower-than-expected inflation may lead to potential interest rate cuts.
Support for small firms must be central to upcoming strategies as they have substantial growth potential if conditions improve.

How Much Small Businesses Pay Their Employees in Every State | Entrepreneur

Inflation led to 35% of small businesses reducing staff due to increasing costs. OnDeck analyzed where small businesses pay employees most.
moresmall-business-challenges
#retirement-planning

I'm 70 years old with nothing saved for retirement and only $25k in the bank - what should I do?

Many Americans in retirement struggle with financial stability despite Social Security.
Debt reduction strategies are crucial for older adults to improve their financial status.

The typical baby boomer is facing at a $900k "hole" in their retirement savings

The cost of retirement is rising significantly, highlighting the disparity between savings and necessary funds.
Baby Boomers face an acute problem due to their proximity to retirement and inadequate savings.

How Many Americans Have Banked a Cool $1 Million for Retirement?

A $1 million retirement is achievable with proper financial planning.
Inflation has made saving for retirement more difficult for many Americans.

If your household brings in $200k per year, this is how much you need saved for retirement by age 45

Retirement planning requires regular progress tracking, especially in light of inflation's impact on the cost of living.
It's crucial to update retirement plans to reflect current economic realities and inflation.

If you're 50 and make $300k per year, you should have this much saved for retirement - are you on track?

Retirement planning requires regular tracking and a proactive approach, especially against rising inflation.

Too Little, Too Late? The Reality of Baby Boomers Trying to Catch Up on Retirement Savings

Many Baby Boomers face retirement financial challenges despite some savings, leading to potential lifestyle adjustments due to insufficient funds.

I'm 70 years old with nothing saved for retirement and only $25k in the bank - what should I do?

Many Americans in retirement struggle with financial stability despite Social Security.
Debt reduction strategies are crucial for older adults to improve their financial status.

The typical baby boomer is facing at a $900k "hole" in their retirement savings

The cost of retirement is rising significantly, highlighting the disparity between savings and necessary funds.
Baby Boomers face an acute problem due to their proximity to retirement and inadequate savings.

How Many Americans Have Banked a Cool $1 Million for Retirement?

A $1 million retirement is achievable with proper financial planning.
Inflation has made saving for retirement more difficult for many Americans.

If your household brings in $200k per year, this is how much you need saved for retirement by age 45

Retirement planning requires regular progress tracking, especially in light of inflation's impact on the cost of living.
It's crucial to update retirement plans to reflect current economic realities and inflation.

If you're 50 and make $300k per year, you should have this much saved for retirement - are you on track?

Retirement planning requires regular tracking and a proactive approach, especially against rising inflation.

Too Little, Too Late? The Reality of Baby Boomers Trying to Catch Up on Retirement Savings

Many Baby Boomers face retirement financial challenges despite some savings, leading to potential lifestyle adjustments due to insufficient funds.
moreretirement-planning

EXPLAINED: Is it worthwhile setting up a private pension plan in Switzerland?

Proposal for an additional old-age pension aims to address inflation and rising living costs for Swiss citizens.

Does Costco Offer Senior Discounts? - Tasting Table

Costco does not have specific discounts for seniors, but they can still save with a membership.
#restaurant-industry

Food wars: Why Chipotle, Cava and Sweetgreen are winning fight for diners

Casual dining chains are outperforming fast-food in sales despite inflation, highlighting the impact of pricing strategies and consumer perceptions of value.

Here are Yelp's picks for top dining trends in 2025

Diners will seek both novelty and affordability in 2025 menus, influenced by economic factors and trends.

Food wars: Why Chipotle, Cava and Sweetgreen are winning fight for diners

Casual dining chains are outperforming fast-food in sales despite inflation, highlighting the impact of pricing strategies and consumer perceptions of value.

Here are Yelp's picks for top dining trends in 2025

Diners will seek both novelty and affordability in 2025 menus, influenced by economic factors and trends.
morerestaurant-industry

Why there are so many $10 items at Walmart and Target

Retailers are focusing on cheaper toys and gifts to attract budget-conscious shoppers amid ongoing inflation.

Goldman Sachs' 10-month CD is offering a 5.05% APY

Savers are benefiting from record-high APYs, particularly with Goldman Sachs' 10-month CD offering a 5.05% rate.

Boston is the fourth-priciest rental market in the U.S.

Boston ranks as the fourth-most expensive rental market in the U.S.
November sees a typical seasonal decrease in rental demand, influencing rent prices.
Year-over-year rents in Boston have seen slight increases that align with inflation.

If you live in one of these 13 states, your power prices are set to surge. Here are 3 actions to take now

The electricity market is entering a supercycle of increasing demand, leading to significant price hikes in household utility bills.
#consumer-spending

Black Friday and Cyber Monday Shopping Exceeds Industry Estimates

Thanksgiving weekend shopping decreased slightly, but consumer spending remains strong, showcasing a robust start to the holiday season.

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.

The Sausage Index Spells a Stealth Recession

Walmart excels while Dollar General and Nordstrom struggle amidst inflation, indicating mixed retail performance.
Inflation is affecting lower-income shoppers, hurting discount retailers' earnings.
A cautious consumer outlook may extend to middle-class retailers, hinting at economic trouble ahead.

U.S. consumers are still spending their paychecks

Retail sales show modest growth in August, indicating cautious consumer spending amidst inflation.

Black Friday and Cyber Monday Shopping Exceeds Industry Estimates

Thanksgiving weekend shopping decreased slightly, but consumer spending remains strong, showcasing a robust start to the holiday season.

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.

The Sausage Index Spells a Stealth Recession

Walmart excels while Dollar General and Nordstrom struggle amidst inflation, indicating mixed retail performance.
Inflation is affecting lower-income shoppers, hurting discount retailers' earnings.
A cautious consumer outlook may extend to middle-class retailers, hinting at economic trouble ahead.

U.S. consumers are still spending their paychecks

Retail sales show modest growth in August, indicating cautious consumer spending amidst inflation.
moreconsumer-spending
from 24/7 Wall St.
1 month ago

U.S. Military Spending Has Increased Tenfold Over the Last 50 Years

U.S. military spending grew significantly from 1973 to 2022, but inflation-adjusted figures reveal a more moderated increase.

NYC is officially the richest city in the world

New York is the wealthiest city in the world, with a notable increase in millionaires despite inflation concerns.
#fast-food

McDonald's Keeps $5 Meal, But Does It Make Money?

McDonald's $5 meal aims to attract budget-conscious customers, though profitability remains limited.

Those frozen custards and ShackSauce are harder to find as Shake Shack shuts some L.A. spots

Shake Shack is closing nine underperforming locations, including five in Los Angeles, but remains committed to expansion plans.

I tried the biggest burgers at 5 fast-food chains and ranked them from worst to best

Comparison of largest fast-food burgers reveals value, taste, and price as key considerations for consumers.
Burger King's Triple Whopper stands out for its taste and freshness compared to others.

McDonald's Keeps $5 Meal, But Does It Make Money?

McDonald's $5 meal aims to attract budget-conscious customers, though profitability remains limited.

Those frozen custards and ShackSauce are harder to find as Shake Shack shuts some L.A. spots

Shake Shack is closing nine underperforming locations, including five in Los Angeles, but remains committed to expansion plans.

I tried the biggest burgers at 5 fast-food chains and ranked them from worst to best

Comparison of largest fast-food burgers reveals value, taste, and price as key considerations for consumers.
Burger King's Triple Whopper stands out for its taste and freshness compared to others.
morefast-food

A New Study Illuminates Americans' Holiday Travel Plans

Inflation is influencing travel decisions, but Americans remain committed to holiday travel.
#retirement-savings

If you're 40 years old, you should have at least this much saved

Average retirement savings benchmarks highlight a disparity between current salaries and future goals.
Consulting a financial advisor may help tailor retirement plans for individual circumstances.

The typical millennial in America thinks they need over $1.6 million to retire - and they are way behind

Millennials face a significant retirement savings gap of $1.6 million, but have time to address it.

If you're 40 years old, you should have at least this much saved

Average retirement savings benchmarks highlight a disparity between current salaries and future goals.
Consulting a financial advisor may help tailor retirement plans for individual circumstances.

The typical millennial in America thinks they need over $1.6 million to retire - and they are way behind

Millennials face a significant retirement savings gap of $1.6 million, but have time to address it.
moreretirement-savings

1 Stock Down 63% to Buy Right Now | The Motley Fool

Revolve Group's robust earnings reflect a potential shift in market conditions, positioning it as a compelling candidate for growth-oriented investors.

Here are all the Thanksgiving meal deals to be found at grocery stores in November

Thanksgiving dinner planning can be budget-friendly with retailers offering affordable meal bundles for families amid rising food prices.

Trump's favorite word is a big talking point for European CEOs

European execs are more worried about Trump's tariff promises than US counterparts, highlighting fears about trade impacts.
Concerns about potential retaliatory tariffs and economic repercussions are rising in Europe.

One in four workers are 'broke' before payday - London Business News | Londonlovesbusiness.com

Financial hardships are widespread in the UK workforce due to the cost of living crisis, affecting a significant portion of employees.

Want $1,200 in Annual Passive Income? Invest $1,200 in Each Of These 9 Stocks

Inflation has severely impacted fixed-income securities, prompting conservative investors to consider dividend stocks and precious metals for better income and growth.

Mary's Pizza Shack joins the growing list of chain restaurant bankruptcies in 2024

Mary's Pizza Shack is filing for bankruptcy but will keep all locations open, part of a strategy to preserve the brand.
Many restaurant bankruptcies in 2024 are driven by rising inflation and economic pressures, forcing diners to stay home.

McDonald's is extending its $5 deal again, and it's a sign that Americans still feel strapped

McDonald's is extending its $5 meal deal through December 2024 to attract budget-conscious diners.

Postal Service Overhaul Runs Into Challenges

The U.S. Postal Service's financial recovery plan has faltered, resulting in significant losses and service issues.
#employment-trends

Jobs market uncertainty causes headache for Bank of England rate setters

Britain's labor market shows mixed signals with declining annual earnings growth but increased employment rates.
The absence of a wage-price spiral is observed, with pay deals responding to lower inflation targets.
Employers are cautiously increasing hiring as the economy recovers, but deep structural issues persist in the labor market.

A review of the present situation in the UK jobs market - London Business News | Londonlovesbusiness.com

The UK jobs market is improving slightly, but remains below pre-pandemic levels with ongoing challenges from inflation and real-term wage stagnation.

Jobs market uncertainty causes headache for Bank of England rate setters

Britain's labor market shows mixed signals with declining annual earnings growth but increased employment rates.
The absence of a wage-price spiral is observed, with pay deals responding to lower inflation targets.
Employers are cautiously increasing hiring as the economy recovers, but deep structural issues persist in the labor market.

A review of the present situation in the UK jobs market - London Business News | Londonlovesbusiness.com

The UK jobs market is improving slightly, but remains below pre-pandemic levels with ongoing challenges from inflation and real-term wage stagnation.
moreemployment-trends

Earnings from tech giants betting on AI could push the Nasdaq 100 over the edge or halt the violent market rotation

Big Tech sell-off impacting Nasdaq 100, earnings crucial for market direction.

How to Rein In Rising Auto Insurance Rates

Car insurance rates are rising despite eased inflation. Drivers can lower premiums by improving driving habits and considering safe driver courses.

Biden's fast food problem

Fast food prices have surged higher than grocery bills and gas prices, affecting working-class voters' sentiments towards President Biden's economy.

This consumer defensive stock can still gain 10% amid mixed inflation data

Consumer Defensive sector remains popular post-Healthcare, benefiting from moderate CPI growth.
Walmart's positive Q4 2023 earnings and Q1 2024 guidance contribute to a potential surge if maintained.
#california-tourism

Gov. Newsom touts CA tourism numbers. Here's why they're deceiving as SF businesses struggle

Tourism spending in California reached a record high in 2023, but the numbers do not factor in inflation, affecting the actual recovery of businesses.

Gavin Newsom Trumpets Record California Tourism Spending; Critics Say It's Just Driven by Inflation

California hit record tourism spending in 2023, but concerns remain about local levels and impact of inflation.

Gov. Newsom touts CA tourism numbers. Here's why they're deceiving as SF businesses struggle

Tourism spending in California reached a record high in 2023, but the numbers do not factor in inflation, affecting the actual recovery of businesses.

Gavin Newsom Trumpets Record California Tourism Spending; Critics Say It's Just Driven by Inflation

California hit record tourism spending in 2023, but concerns remain about local levels and impact of inflation.
morecalifornia-tourism

ANALYSIS | Will $52.9B in new federal spending make inflation worse? | CBC News

New spending in the federal budget may impact inflation and interest rates, with a focus on economic growth and meeting inflation targets.

Full-time faculty raises finally beat inflation, just barely

The average salary of full-time U.S. faculty members has risen slightly, after adjusting for inflation.
Inflation has outpaced salary increases, affecting both full-time and part-time faculty members.

A Hot Inflation Report Is a Blow to President Biden

Unexpected price growth is a setback for Biden's re-election prospects tied to inflation cooling expectation.
Inflation rate increase may delay Fed interest rate cuts, impacting Biden's plans for affordable housing and consumer relief.
#central-banks

Taylor Swift's tour could contribute to European inflation

Swift's concerts in Stockholm led to a surge in Swedish inflation, impacting the services sector significantly.

Gold prices react to US inflation, more data ahead

Unexpected rebound in inflation impacts gold prices.
Gold prices stabilize as investors await US economic data.

Taylor Swift's tour could contribute to European inflation

Swift's concerts in Stockholm led to a surge in Swedish inflation, impacting the services sector significantly.

Gold prices react to US inflation, more data ahead

Unexpected rebound in inflation impacts gold prices.
Gold prices stabilize as investors await US economic data.
morecentral-banks

Voters are being taken for fools on the economy

The credibility of tax promises in political manifestos is questioned due to inflation outpacing tax thresholds, resulting in increased taxes for workers.
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