Despite positive Black Friday numbers, where consumers stretched their budgets to do some shopping, data suggests that the rest of the holiday shopping season may be...
Family Dollar’s parent company is evaluating the chain following a decline in spending among lower-income shoppers. Dollar Tree CEO Rick Dreiling made that announcement Wednesday (Nov. 29) after the company’s...
The latest report from the Bureau of Economic Analysis, released on Wednesday (Nov. 29), noted the U.S. economy grew 5.2% annualized, as measured in the...
So far, this year’s holiday has been one of superlatives. Record online spending on Black Friday. Record Cyber Monday sales. The most people ever to shop during Thanksgiving weekend....
The founder of online luxury fashion retailer Farfetch, José Neves, reportedly aims to take the company private. Neves, who has a 15% stake and 77% of the...
Despite inflationary pressures and all the voices warning that this year’s Black Friday was going to be one of restraint, nearly 8.6% more consumers say...
The latest data from The Conference Board showed that consumer confidence rebounded a bit in November. The question remains as to how long, or whether,...
This year’s Cyber Monday spending is projected to top $12 billion as consumers seek deals. That spending amount — a record — marks a 9.7%...
As restaurants look for ways to drive employee satisfaction amid inflation, tips are not the only added payments that operators are leveraging. In an interview...