Costco’s comparable sales growth has slowed as consumers reduce their purchases of discretionary items. The membership warehouse club’s comp sales rose 0.3% year over year...
The retail data released Tuesday (May 16) by the Commerce Department shows a reversal in consumer spending after two months of declines. But one headline...
Consumers and businesses are trimming their spending on phones in response to the slowing economy. So said AT&T CEO, President and Director John T. Stankey...
Everyone loves a bargain, but small- and medium-sized business (SMB) retailers have been pulling back from promotional codes and rewards recently. As noted in proprietary...
Sometimes it just comes down to the cold, hard numbers. Three department stores, along with Best Buy, released their earnings this week, and the news was pretty grim when...
Inflation is making paying for basics of everyday life — food especially — harder to swallow. Earlier this week, PYMNTS reported that the cost of essentials...
Declining package volumes in the latest FedEx earnings report stoked new concerns about discretionary spending. This was after the company reported its fiscal second-quarter earnings Tuesday (Dec...
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...