economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Shell Divesting 1,000 Retail Locations as Convenience Stores Take a Hit

Shell Divesting 1,000 Retail Locations as Convenience Stores Take a Hit
Shell Divesting 1,000 Retail Locations as Convenience Stores Take a Hit
March 19, 2024  |  Retail

Shell is offloading retail locations in a shift to B2B, as across the convenience retail industry, key players are feeling the impacts of ongoing economic...

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As Shoppers Cut Back, Retailers Focus on Big Spenders
As Shoppers Cut Back, Retailers Focus on Big Spenders
March 18, 2024  |  Retail

With economic pressures squeezing the lower and middle classes’ budgets, brands and retailers are setting their sights on the shoppers who still have cash to...

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Inflation Puts Consumers on Alert for Discounts
Inflation Puts Consumers on Alert for Discounts
March 18, 2024  |  Consumer Insights

Consumers closed 2023 by increasing their spending — nearly 7% more over what they spent the previous year, according to PYMNTS intelligence data — indicating...

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Stubborn Inflation Weighs on Consumer Attitudes and Spending
Stubborn Inflation Weighs on Consumer Attitudes and Spending
March 15, 2024  |  Economy

Call it status quo — and maybe a sense of ennui? Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Inflation Concerns Sideline Small Business Borrowing
Inflation Concerns Sideline Small Business Borrowing
March 15, 2024  |  SMBs

With the news that inflation climbed upward last month, many small- to medium-sized businesses (SMBs) may find themselves walking a tightrope with even fewer safety nets...

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Card-Linked Discounts May Win Over Inflation-Concerned Consumers 
Card-Linked Discounts May Win Over Inflation-Concerned Consumers 
March 14, 2024  |  Consumer Insights

As PYMNTS reported this week, while most U.S. consumers appear untroubled by the prospect of near-term inflation, their anxiety levels rise at the prospect of...

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Online Sales Slip in February as Consumers Return In-Store
Online Sales Slip in February as Consumers Return In-Store
March 14, 2024  |  Retail

The latest reading on retail sales data from the Census Bureau showed that overall retail sales were up 0.6% month over month, reversing a 1.1% decline...

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Petco Steps Up Value After Being Blindsided by Deal-Seeking Consumers
Petco Steps Up Value After Being Blindsided by Deal-Seeking Consumers
March 13, 2024  |  Earnings

As shoppers continue to manage their budgets amid years of financial challenges, Petco has found itself caught unaware by the extent of pet parents’ pull...

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