inflation

UK Retailers Struggle to Stem Slumping Sales, While Canada Sees Slight Increase

UK Retailers Struggle to Stem Slumping Sales, While Canada Sees Slight Increase
UK Retailers Struggle to Stem Slumping Sales, While Canada Sees Slight Increase
September 23, 2022  |  Retail

Retailers in the U.K. reported a drop in sales for September and expect that trend to continue next month as businesses prepare for the holiday...

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Costco Earnings Reflect New Competition as Consumers, Rival Retailers Trade Down
Costco Earnings Reflect New Competition as Consumers, Rival Retailers Trade Down
September 23, 2022  |  Retail

Since opening its first warehouse store in Seattle 40 years ago, Costco has never wavered from its mission “to continually provide our members with quality...

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Subscription Shortcomings Could Take Bite Out of Apple’s Ambitions
Subscription Shortcomings Could Take Bite Out of Apple’s Ambitions
September 22, 2022  |  Subscriptions

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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LendingClub CEO Says Paycheck-to-Paycheck Living Is ‘New Climate Crisis’
LendingClub CEO Says Paycheck-to-Paycheck Living Is ‘New Climate Crisis’
September 22, 2022  |  Consumer Finance

As various government agencies and reports use slight inflationary easing to show the economy isn’t in such bad shape, there’s an unescapable chill in the...

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Darden, General Mills Experience Two Versions of Food Inflation
Darden, General Mills Experience Two Versions of Food Inflation
September 21, 2022  |  Earnings

Call it a tale of two business models — of ways of grappling with food inflation and grappling with the challenges of protecting margins. Get...

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PYMNTS Intelligence: Consumers Fear Inflation Will Linger for 22 Months — or More
PYMNTS Intelligence: Consumers Fear Inflation Will Linger for 22 Months — or More
September 21, 2022  |  Economy

The Federal Reserve boosted interest rates again on Wednesday (Sept. 21) attempting to beat back rampant inflation — cold comfort to consumers bearing the brunt...

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Walmart Seasonal Hiring Plans Down 75% vs Last Year
Walmart Seasonal Hiring Plans Down 75% vs Last Year
September 21, 2022  |  Retail

Walmart plans to hire 40,000 employees for the upcoming holidays, a 75% drop from the retailer’s 150,000-worker target from last year. Get the Full Story...

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Data Brief: 62% of Consumers Still Expect Recession, Despite Easing Inflation
Data Brief: 62% of Consumers Still Expect Recession, Despite Easing Inflation
September 20, 2022  |  Consumer Finance

With the U.S. dollar worth only about 88 cents in real terms under inflation pressures of 2022, consumers are clearly fatigued by the affordability battle...

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e.l.f. Beauty Takes on Inflation With Dual Pricing Strategy
e.l.f. Beauty Takes on Inflation With Dual Pricing Strategy
September 20, 2022  |  Retail

In the face of rampant inflation, the CEO of omnichannel cosmetics firm e.l.f. Beauty says the company chose not to increase prices on roughly one-third...

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