IKEA is reducing prices on 1,500-plus products in Europe amid ongoing cost-of-living pressures. The Swedish furniture retailer announced Tuesday (Sept. 1) that it was investing...
The latest data on spending shows it continues to outrun income growth as higher prices absorb more of the household budget. June offered another example:...
Consumers around the world are continuing to make discretionary purchases despite rising prices, according to Visa. Rather than cutting back, consumers are seeking deals, often with...
Consumer sentiment has ticked up as gas prices eased, according to preliminary results for June from the University of Michigan’s Surveys of Consumers. The report’s...
Dollar General’s core customers are cutting back on food purchases and other household expenses due to rising gas prices and reductions in SNAP benefit payments,...
With car prices skyrocketing, auto dealers are reportedly facing pressure from both regulators and customers. For example, the Financial Times (FT) reported Tuesday (May 26),...
Retail sales rose again in April, but the latest government data showed consumers continuing to shift spending toward necessities while pulling back in several categories...
The gas price spike drove the University of Michigan’s Index of Consumer Sentiment to the lowest level recorded in its over 73-year history. The index declined...