Consumer Spending

1 in 5 of Consumers Without Paycheck Pressures Still Plan to Finance Holiday Purchases

1 in 5 of Consumers Without Paycheck Pressures Still Plan to Finance Holiday Purchases
1 in 5 of Consumers Without Paycheck Pressures Still Plan to Finance Holiday Purchases
November 21, 2023  |  Consumer Finance

As the holidays near, balancing tight budgets with the festive spirit can become a challenge. Which is why traditionally, many consumers turn to credit to...

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As Deal Seekers Surface, Best Buy Introduces Curated Shopping and Store Experiences
As Deal Seekers Surface, Best Buy Introduces Curated Shopping and Store Experiences
November 21, 2023  |  Retail

As customers embrace value, Best Buy is emphasizing promotions and in-store experiences, aiming to create compelling reasons for them to make it to the checkout...

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Lowe’s Cuts Sales Forecast as Consumers Decide Against DIY
Lowe’s Cuts Sales Forecast as Consumers Decide Against DIY
November 21, 2023  |  Earnings

Consumers are putting do-it-yourself (DIY) projects on hold, which is bad news for Lowe’s. Get the Full Story Complete the form to unlock this article and...

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Best Buy Lowers Sales Outlook as Black Friday Looms
Best Buy Lowers Sales Outlook as Black Friday Looms
November 21, 2023  |  Earnings

Best Buy says cooling consumer demand for appliances helped drive down third-quarter sales. Get the Full Story Complete the form to unlock this article and enjoy...

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Study Finds Non-Gift Holiday Spending to Drop 26% as Consumers Trim Budgets
Study Finds Non-Gift Holiday Spending to Drop 26% as Consumers Trim Budgets
November 21, 2023  |  Retail

The average holiday shopper anticipates spending roughly $860 this year on non-gift holiday purchases such as live entertainment or retail products for personal use —...

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4 in 10 Lower-Income Earners Use Split-Pay Plans for Groceries
4 in 10 Lower-Income Earners Use Split-Pay Plans for Groceries
November 20, 2023  |  Consumer Finance

Consumers are a resourceful lot and will do what they must to make ends meet, even if it means splitting up the weekly grocery bill...

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D2C Brands Favor Retail as Consumers Resist Spending 
D2C Brands Favor Retail as Consumers Resist Spending 
November 20, 2023  |  Retail

Despite the alleviation of inflation, consumers remain cautious about their spending habits. Consequently, direct-to-consumer (D2C) brands are facing challenges and are compelled to revamp their...

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Retailers Rethink Promotions Ahead of Shopping’s ‘Super Bowl’
Retailers Rethink Promotions Ahead of Shopping’s ‘Super Bowl’
November 19, 2023  |  Retail

Some retailers are reportedly reexamining their promotional strategies to stave off a muted holiday season. Get the Full Story Complete the form to unlock this...

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Credit Quality Declines as Card Companies Tighten Standards
Credit Quality Declines as Card Companies Tighten Standards
November 19, 2023  |  Credit Cards

Last month’s credit card data indicates an ongoing deterioration of credit quality. Get the Full Story Complete the form to unlock this article and enjoy...

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