Consumer Spending

Etsy Counts on Consumers’ Gifting Splurges Amid Overall Belt-Tightening
Etsy Counts on Consumers’ Gifting Splurges Amid Overall Belt-Tightening
February 21, 2024  |  eCommerce

Consumers’ hesitancy to buy themselves nice things amid ongoing economic challenges is taking a hit on Etsy. Now, the eCommerce marketplace is turning its focus...

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Marc Lore’s Wonder Opens in Walmart as Supermarkets Seize Restaurant Occasions
Marc Lore’s Wonder Opens in Walmart as Supermarkets Seize Restaurant Occasions
February 21, 2024  |  Retail

Wonder is opening a store-in-store within a Walmart, a move that comes as grocery retailers increasingly seek out opportunities to capture more of consumers’ mealtime...

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Shein Takes on Amazon With Shoppable Livestream Collection Launch
Shein Takes on Amazon With Shoppable Livestream Collection Launch
February 20, 2024  |  eCommerce

As Shein aims to seize a greater share of consumers’ retail spending by capturing their digital attention, the fast-fashion giant is tapping shoppable livestreams to...

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EU Regulators Crack Down on Anti-Competitive Practices
EU Regulators Crack Down on Anti-Competitive Practices
February 18, 2024  |  Regulation

European regulators have reportedly increased their focus on anti-competitive behavior among consumer product companies. Last year, competition authorities carried out 26 surprise inspections on consumer companies...

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Nike Layoffs Point to Economic Pressures on Retail Spending
Nike Layoffs Point to Economic Pressures on Retail Spending
February 16, 2024  |  Personnel

Nike is laying off thousands of employees, as consumers’ ongoing financial pressures make it harder for them to justify nonessential purchases, such as adding more...

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Consumers’ Retail Inflation Expectations Are Beginning to Ease
Consumers’ Retail Inflation Expectations Are Beginning to Ease
February 16, 2024  |  Consumer Insights

As consumers look ahead to the rest of the year, many are not as concerned about retail inflation as they once were. By the Numbers...

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Bank of America and Starbucks Partner on Rewards Program
Bank of America and Starbucks Partner on Rewards Program
February 15, 2024  |  Loyalty & Rewards

Customers of Bank of America and Starbucks can now earn more benefits by linking those accounts. A new partnership between the two companies allows Bank of America cardholders and Starbucks...

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Is January’s Retail Sales Slump a Blip or Harbinger of Things to Come?
Is January’s Retail Sales Slump a Blip or Harbinger of Things to Come?
February 15, 2024  |  Economy

The questions swirling amid the January sales slump boils down to these: Is it the pause that refreshes — as consumers essentially take a breath,...

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Kraft Heinz Sales Dip as Shoppers Make ‘Smaller Trips’
Kraft Heinz Sales Dip as Shoppers Make ‘Smaller Trips’
February 14, 2024  |  Earnings

From dollar store shoppers to wealthier club store members, consumers are seeking value. So said Kraft Heinz CEO Carlos Abrams-Rivera, addressing his company’s 7.1% quarterly sales drop...

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