Consumer Spending

Sally Beauty to Close 350 Stores and Ramp Up Omnichannel Services

Sally Beauty to Close 350 Stores and Ramp Up Omnichannel Services
Sally Beauty to Close 350 Stores and Ramp Up Omnichannel Services
November 10, 2022  |  Retail

Sally Beauty Holdings, a retailer and distributor of hair color and care products for both consumers and salon professionals, is working to optimize its footprint...

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October Inflation Dips to 7.7% Fueling Hopes for ‘Soft Landing’
October Inflation Dips to 7.7% Fueling Hopes for ‘Soft Landing’
November 10, 2022  |  Economy

The nation’s closely watched Consumer Price Index fell to a nine-month low of 7.7% in October, as the impact of rising interest rates and weaker...

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Latin America May Be Holiday Gift Cross-Border Merchants Are Seeking
Latin America May Be Holiday Gift Cross-Border Merchants Are Seeking
November 10, 2022  |  Cross-border Payments

Winter gifting holidays are as important in Latin America as anywhere, and online retailers want to tap that potential not just to bolster 2022 receipts...

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Three-Quarters of Grocers Say Digital Discounts Are Key to Loyalty
Three-Quarters of Grocers Say Digital Discounts Are Key to Loyalty
November 09, 2022  |  Loyalty & Rewards

The prevailing belief among grocers is that, in the face of skyrocketing prices, they would be best served to find ways to provide their customers...

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Aggregators Step Up Efforts to Offer Everything On-Demand
Aggregators Step Up Efforts to Offer Everything On-Demand
November 09, 2022  |  Delivery

Leading U.S. food delivery service DoorDash is expanding its selection of cosmetics, a lightweight, high-cost category that racks-up large order values while taking up minimal space...

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Meta to Lay Off More Than 11,000 Workers Due to Drop in eCommerce
Meta to Lay Off More Than 11,000 Workers Due to Drop in eCommerce
November 09, 2022  |  Personnel

Meta will lay off more than 11,000 employees — 13% of its workforce — CEO Mark Zuckerberg said, blaming the decision on his misguided bet...

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Ahold Delhaize’s US Rewards Programs Drive $1.5B in Sales YTD
Ahold Delhaize’s US Rewards Programs Drive $1.5B in Sales YTD
November 09, 2022  |  Retail

Netherlands-based multinational grocery retailer Ahold Delhaize is seeing its loyalty bets pay off in the United States. Get the Full Story Complete the form to...

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Inflation Stokes Recession Fears While Slamming Retail Earnings
Inflation Stokes Recession Fears While Slamming Retail Earnings
November 09, 2022  |  Retail

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