Consumer Spending

PepsiCo Adds Ghost Kitchen Side Hustle to Drive Foodservice Sales

PepsiCo Adds Ghost Kitchen Side Hustle to Drive Foodservice Sales
PepsiCo Adds Ghost Kitchen Side Hustle to Drive Foodservice Sales
November 17, 2022  |  Restaurant innovation

At a time when many consumers are adding second jobs to augment their income, it seems PepsiCo is looking to supplement its core beverages and snack foods...

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Macy’s CEO: ‘We’re a Financially Strong, More Modern Department Store’
Macy’s CEO: ‘We’re a Financially Strong, More Modern Department Store’
November 17, 2022  |  Retail

Drawing on a 40-year purview as a Macy’s employee that began as a trainee in 1983 and has seen him in the role of chairman...

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Kohl’s Says Middle Class and Discretionary Items Struggle with Inflation
Kohl’s Says Middle Class and Discretionary Items Struggle with Inflation
November 17, 2022  |  Retail

 With its focus on discretionary products and middle-income consumers, Kohl’s has been hard hit by the current macroeconomic trends, the retailer said Thursday (Nov. 17) during its...

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54% of Rural Residents Hit Harder by Inflation Than Urbanites
54% of Rural Residents Hit Harder by Inflation Than Urbanites
November 17, 2022  |  Economy

The affects of inflation may be felt by everyone, but new research shows that the depth of the impact varies widely, particularly for those living...

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FIs Embrace Biometric Payment Cards To Improve Security, Enhance User Experience
FIs Embrace Biometric Payment Cards To Improve Security, Enhance User Experience
November 16, 2022  |  Security & Fraud

Last month, biometric payment cards that incorporate fingerprint scanners received a significant boost thanks to the publication of new specifications by EMVCo, the global card standards-setting body...

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Target Cautious on Q4 as Consumers’ Available Savings and Credit Dwindle
Target Cautious on Q4 as Consumers’ Available Savings and Credit Dwindle
November 16, 2022  |  Retail

The country’s third largest retail chain warned investors that, despite unprecedented promotions aimed at reducing excess inventory, its critical holiday sales season would fall short...

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Retail Report’s Discretionary Spending Pullback Signals Holiday Headwinds
Retail Report’s Discretionary Spending Pullback Signals Holiday Headwinds
November 16, 2022  |  Retail

Consumers spent more last month than some observers expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom
Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom
November 16, 2022  |  Retail

The nation’s second-largest chain of hardware stores said Wednesday (Nov. 16) that its commercial or “Pro” business grew 19% last quarter, as consumers continue to...

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TJX Finds ‘Tremendous Advantage’ in Off-Price Offerings
TJX Finds ‘Tremendous Advantage’ in Off-Price Offerings
November 16, 2022  |  Retail

Apparel retailer TJX reported an increase in sales Wednesday (Nov. 16), a development the company’s CEO attributed to consumers “treasure hunting” for the chain’s off-price offerings. Get...

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