inflation

Consumers Are Springing for Nice Beers, but Not Premium Liquor
Consumers Are Springing for Nice Beers, but Not Premium Liquor
April 25, 2024  |  Retail

Trying to balance inflationary pressures and the need to allow themselves at least some indulgences, shoppers are trading up on beer but not springing for...

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First-Quarter GDP Slows as Consumers Trim Spending
First-Quarter GDP Slows as Consumers Trim Spending
April 25, 2024  |  Economy

And now it seems the slowdown is here. Markets slumped by more than 1% Thursday morning (April 25) on the latest reading on gross domestic...

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Parents Are Buying Their Kids Experiences, Not Toys
Parents Are Buying Their Kids Experiences, Not Toys
April 24, 2024  |  Retail

Toy and game companies are seeing sales declines, as parents opt to spend on making memories for their children rather than on new products for...

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Earnings Season Commentary Points to Pressures for Lower-Income Consumers
Earnings Season Commentary Points to Pressures for Lower-Income Consumers
April 24, 2024  |  Consumer Finance

Earnings season is less than two weeks old. By and large, the data and the press releases indicate that consumers are still spending, on experiences...

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JPMorgan Chase CEO Jamie Dimon Says US Economic Boom ‘Unbelievable’
JPMorgan Chase CEO Jamie Dimon Says US Economic Boom ‘Unbelievable’
April 23, 2024  |  Economy

JPMorgan Chase CEO Jamie Dimon reportedly said Tuesday (April 23) that the U.S. economic boom is “unbelievable.” Speaking at an event at The Economic Club of New York, Dimon...

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Cash-Strapped Consumers Hesitant to Spring for Full-Priced Wholesale Club Memberships
Cash-Strapped Consumers Hesitant to Spring for Full-Priced Wholesale Club Memberships
April 23, 2024  |  Retail

With ongoing financial challenges prompting consumers to make more conservative spending changes, major membership wholesale clubs’ latest promotions suggest they are having trouble getting shoppers...

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Albertsons: Digital Rewards Keep Shoppers Spending
Albertsons: Digital Rewards Keep Shoppers Spending
April 22, 2024  |  Earnings

As ongoing financial challenges have grocery shoppers more cautious about their purchasing, many are seeking out digital rewards.  In its fourth quarter and full year fiscal 2023 financial...

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Shoppers May Ditch Preferred Merchants If Credit Card Surcharges Expand
Shoppers May Ditch Preferred Merchants If Credit Card Surcharges Expand
April 19, 2024  |  Retail

With consumers struggling under ongoing financial challenges, many may find credit card surcharges to be the proverbial straw that breaks the camel’s back, leading them...

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P&G: Shoppers Are Done Trading Down to Private-Label
P&G: Shoppers Are Done Trading Down to Private-Label
April 19, 2024  |  Earnings

Many consumers may have traded down to private-label brands in earlier stages of the current period of high inflation, but now, according to Procter &...

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