Consumer Spending

CPI Shows Restaurants Underpricing to Slow Shift to Grocery

CPI Shows Restaurants Underpricing to Slow Shift to Grocery
CPI Shows Restaurants Underpricing to Slow Shift to Grocery
September 13, 2022  |  Restaurant innovation

As food prices continue to skyrocket, restaurants are letting their margins take the hit, keeping price increases comparatively low to prevent trade-down and keep visits...

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Gen Z Turning Away from Crypto, PYMNTS Studies Suggest
Gen Z Turning Away from Crypto, PYMNTS Studies Suggest
September 13, 2022  |  Cryptocurrency

It’s pretty much accepted wisdom, and backed up by many studies and surveys, that the youngest consumers know the most about crypto — and are...

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New Vehicle Prices Up for 5th Month, Kelley Blue Book Says
New Vehicle Prices Up for 5th Month, Kelley Blue Book Says
September 12, 2022  |  Consumer Finance

Although there are more vehicles available to shoppers on dealers’ lots, the price of new vehicles is still rising, having set another record in August. ...

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Mastercard Expects Consumers to Spend 7.1% More During Holidays
Mastercard Expects Consumers to Spend 7.1% More During Holidays
September 12, 2022  |  Consumer Finance

Consumers are expected to spend 7.1% more on retail goods during this year’s holiday season than they did last year, according to the Mastercard SpendingPulse...

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Grocery Shoppers Cut Back, Trade Down as Inflation Rises
Grocery Shoppers Cut Back, Trade Down as Inflation Rises
September 12, 2022  |  Shopping

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Retailers Brace as 70% of US Consumers Skip Retail Purchases to Buy Groceries and Gas
Retailers Brace as 70% of US Consumers Skip Retail Purchases to Buy Groceries and Gas
September 12, 2022  |  Retail

RH (Restoration Hardware) CEO Gary Friedman and Kroger CEO Rodney McMullen both had it right last week when they reported their respective Q2 earnings: Inflation...

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Discount Retail Boosts Square Footage as Consumers Stretch Dollars
Discount Retail Boosts Square Footage as Consumers Stretch Dollars
September 11, 2022  |  Economy

The death of brick and mortar has been greatly exaggerated.  To get a sense of where the growth may lie — at least in retail...

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Report: Amazon Shuts, Delays Some Facilities as eCommerce Growth Slows
Report: Amazon Shuts, Delays Some Facilities as eCommerce Growth Slows
September 09, 2022  |  Economy

After doubling its amount of warehouse space during the first two years of the pandemic, Amazon reportedly seems to be dialing back and rethinking some...

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As Prices Rise, Consumers Shift to Meals at Home
As Prices Rise, Consumers Shift to Meals at Home
September 09, 2022  |  Consumer Finance

With ongoing food price increases come even more consumers opting out of restaurant purchases in favor of more affordable meal options. Get the Full Story...

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