consumer sentiment

Paycheck-to-Paycheck Pressures Remain as Fed Signals Higher Rates, Consumer Sentiment Slips

Paycheck-to-Paycheck Pressures Remain as Fed Signals Higher Rates, Consumer Sentiment Slips
Paycheck-to-Paycheck Pressures Remain as Fed Signals Higher Rates, Consumer Sentiment Slips
August 25, 2023  |  Personal Finance

Higher rates. A bit more muted consumer sentiment. The paycheck-to-paycheck pressures continue. On Friday (Aug. 25), the final reading of the University of Michigan’s survey on consumer...

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Ongoing Restaurant Inflation Has Even Super Fans Cutting Back
Ongoing Restaurant Inflation Has Even Super Fans Cutting Back
August 23, 2023  |  Consumer Finance

As restaurant prices continue to rise, even the most enthusiastic diners are beginning to pull back on eating out and ordering in, PYMNTS research reveals....

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Ross Stores Taps Into Rising Consumer Desire for Budget-Friendly Nonessentials 
Ross Stores Taps Into Rising Consumer Desire for Budget-Friendly Nonessentials 
August 18, 2023  |  Retail

As inflation exerts its influence on consumer purchasing decisions, off-price retailers are benefiting.  Among the off-price retailers, TJX Companies has recently reported benefiting from the...

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Gen Z Gives TJX a Sales Bump as TikTok Trend Goes Viral 
Gen Z Gives TJX a Sales Bump as TikTok Trend Goes Viral 
August 17, 2023  |  Earnings

As prices rise, consumers have found themselves grappling with the dilemma of spending in the face of uncertainty. This has led to a shift in...

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Predictions That Student Loans Would Impact Target’s Earnings May Have Hit the Bull’s-Eye
Predictions That Student Loans Would Impact Target’s Earnings May Have Hit the Bull’s-Eye
August 16, 2023  |  Loans

The retailer’s strategy of appealing to millennials may be backfiring as the generation prepares to lose spending power to student loan repayments.   Once again, consumer...

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Fed: Consumer Sentiment Up as Inflation Expectations Decrease
Fed: Consumer Sentiment Up as Inflation Expectations Decrease
August 14, 2023  |  Economy

Consumer sentiment is improving overall, with decreased expectations of inflation. According to the July 2023 Survey of Consumer Expectations released by the Federal Reserve Bank of New York’s Center...

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Prime Day 2023: US Consumers Spend $6.4 Billion in First 24 Hours 
Prime Day 2023: US Consumers Spend $6.4 Billion in First 24 Hours 
July 12, 2023  |  Retail

Within the first 24 hours of Amazon’s Prime Day event, U.S. consumers spent $6.4 billion online, according to Adobe.  Despite a 6% increase year over...

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Walgreens Woos Cautious Consumers With ‘MyW Days’
Walgreens Woos Cautious Consumers With ‘MyW Days’
July 10, 2023  |  Retail

As consumers struggle with high prices, Walgreens is working to woo its loyalty program members. The pharmacy chain on Monday (July 10) announced “myW Days,” a weeklong event...

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