By all rights, this should be a season of discontent for the restaurant industry. Among the pressures facing this sector: Icy temperature, concerns about prices,...
In an era where consumer confidence is being tested by inflation and rising living costs, off-price retailers like Burlington Stores and Ross Stores are doubling...
The home furnishings market is witnessing a shift, with Amazon gaining ground while Walmart struggles to maintain its share. The PYMNTS Intelligence report “Walmart or...
American consumers are missing monthly car payments at the highest rate since 1994. The share of subprime auto borrowers who were at least 60 days...
The word “uncertainty” appears in the Federal Reserve’s latest Beige Book 34 times. The report, which comes out eight times a year and offers qualitative...
In 2024, the grocery industry saw a dramatic shift as private-label brands — store brands not affiliated with national manufacturers — experienced explosive growth, surpassing...
Walmart CEO Doug McMillon reportedly said Thursday (Feb. 27) that the retailer is seeing signs of stress among consumers due to food prices remaining high. Speaking...
Data from the Bureau of Economic Analysis released Friday (Feb. 28) offers sobering food for thought for merchants, even as the financial standing of consumers...
As goes Main Street, so goes the overall U.S. economy. By the numbers, roughly 99% of businesses in the U.S. are small businesses — and...