inflation

Focus on Outdoor, Athleisure Trends Lifts Wolverine’s Merrell, Saucony Brands

Focus on Outdoor, Athleisure Trends Lifts Wolverine’s Merrell, Saucony Brands
Focus on Outdoor, Athleisure Trends Lifts Wolverine’s Merrell, Saucony Brands
August 10, 2022  |  Retail

In the face of growing economic headwinds, footwear and apparel maker Wolverine Worldwide said its continued focus on meeting strong consumer demand for outdoor and...

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Stressed Consumers Get Some Relief As July Inflation Dips to 8.5%
Stressed Consumers Get Some Relief As July Inflation Dips to 8.5%
August 10, 2022  |  Economy

The government’s closely watched CPI report showed Wednesday (Aug 10) that inflation eased to 8.5% in July, marking a larger than expected dip from the...

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Allbirds’ Omnichannel Evolution From D2C Pure-Play Can’t Happen Fast Enough
Allbirds’ Omnichannel Evolution From D2C Pure-Play Can’t Happen Fast Enough
August 09, 2022  |  Retail

Earnings season in an inflationary climate can be a drag, as brands continue to trim outlooks and reposition for a long fall and winter of...

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Walmart Cuts Jobs at Corporate, Braces for Sales Slowdown
Walmart Cuts Jobs at Corporate, Braces for Sales Slowdown
August 03, 2022  |  Walmart

Walmart has announced plans to cut about 200 corporate jobs at its headquarters and other offices, according to a report Wednesday (Aug. 3) from The...

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Valvoline Aims to Be Pure-Play Retailer as Consumer Demand for Auto Service Rises
Valvoline Aims to Be Pure-Play Retailer as Consumer Demand for Auto Service Rises
August 01, 2022  |  Retail

Valvoline, the second largest operator of oil change and auto service locations in the U.S., said Monday (Aug 1) that it sold its global lubricants...

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Inflation Bites as 13% of US Consumers Spent More Than They Earned in Last Six Months
Inflation Bites as 13% of US Consumers Spent More Than They Earned in Last Six...
August 01, 2022  |  Consumer Finance

As inflation continues its upward swing, consumers worldwide are finding it more difficult to manage spending and put aside savings under mounting financial pressures. In...

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Consumers Think Twice About Restaurant Spending as Inflation Climbs
Consumers Think Twice About Restaurant Spending as Inflation Climbs
July 29, 2022  |  Consumer Insights

As food prices rapidly rise, consumers are rethinking how they spend at restaurants. Get the Full Story Complete the form to unlock this article and...

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Consumer Spending Surges as Inflation Eats Away at Household Budgets
Consumer Spending Surges as Inflation Eats Away at Household Budgets
July 29, 2022  |  Economy

Consumer spending climbed 1.1% in June with higher fuel and food costs amid 40-year record high inflation that is continuing to eat away at paychecks...

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New Study Finds 70% of US Consumers Cutting Back on Nonessential Retail Purchases
New Study Finds 70% of US Consumers Cutting Back on Nonessential Retail Purchases
July 29, 2022  |  Consumer Finance

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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