Consumer Spending

Big Box Retailers Target and Walmart Woo Higher-Income Grocery Shoppers

Big Box Retailers Target and Walmart Woo Higher-Income Grocery Shoppers
Big Box Retailers Target and Walmart Woo Higher-Income Grocery Shoppers
November 17, 2022  |  Retail

In this week’s grocery roundup, superstores set their sights on big spenders, Grab grows its grocery presence, and supermarket spending is rising. Get the Full...

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40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen
40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen
November 17, 2022  |  Consumer Finance

With 15 million consumers — close to 6% of the United States population — sitting out holiday gift buying this year, roughly 40% will use...

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All Merchants Want This Holiday Season Is a Lower Cost of Returns 
All Merchants Want This Holiday Season Is a Lower Cost of Returns 
November 17, 2022  |  Retail

With this year’s holiday season just around the corner, stores and brands are bracing themselves for a deluge of sales and returns — hoping to...

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

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  |  Cybersecurity

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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