Consumer Spending

Best Buy Lowers Sales Outlook as Black Friday Looms

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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Record-High Share of Americans Have Paid Off Their Homes 
Record-High Share of Americans Have Paid Off Their Homes 
November 17, 2023  |  Real Estate

An increasing number of Americans have realized the dream of owning a home without the burden of a mortgage.  Get the Full Story Complete the...

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Quarterly eCommerce Sales Up 2.3%, but Will It Last?
Quarterly eCommerce Sales Up 2.3%, but Will It Last?
November 17, 2023  |  eCommerce

The third quarter is far enough behind us that some of the last few data points as to how consumers fared — at least from...

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