inflation

Aldi Acquires Winn-Dixie, Harveys as Inflation Fuels Discount Grocery
Aldi Acquires Winn-Dixie, Harveys as Inflation Fuels Discount Grocery
August 16, 2023  |  Acquisitions

Aldi is taking advantage of the current inflationary environment to supercharge its growth, buying up grocers and expanding its footprint. Get the Full Story Complete...

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Aldi Set for Southern Growth With Winn-Dixie, Harveys Purchase
Aldi Set for Southern Growth With Winn-Dixie, Harveys Purchase
August 16, 2023  |  Acquisitions

German grocery giant Aldi is set to purchase a pair of U.S. supermarket chains. Get the Full Story Complete the form to unlock this article...

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Chili’s Adds Virtual Brand to Core Menu to Combat Traffic Decline
Chili’s Adds Virtual Brand to Core Menu to Combat Traffic Decline
August 16, 2023  |  Restaurant innovation

With Chili’s seeing its customers pull back amid continued restaurant inflation, the chain is taking its virtual brand into the physical world to draw customers into stores....

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Home Depot: Consumers May Not Be Spending Big, but They’re Still Remodeling 
Home Depot: Consumers May Not Be Spending Big, but They’re Still Remodeling 
August 16, 2023  |  Earnings

Rising interest rates mean increased borrowing costs. For potential homebuyers, this translates to decreased purchasing power, effectively putting the brakes on their homeownership aspirations. The...

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Restaurant Visits Decline as Consumers Buy Ready-Made Meals Weekly
Restaurant Visits Decline as Consumers Buy Ready-Made Meals Weekly
August 16, 2023  |  Economy

Restaurant purchases have ebbed to their lowest levels in over a year as food prices continue to climb. Get the Full Story Complete the form to unlock...

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Report: Global Wealth Fell for 1st Time Since 2008 Crisis
Report: Global Wealth Fell for 1st Time Since 2008 Crisis
August 16, 2023  |  Economy

The world had fewer millionaires at the end of 2022 than at the beginning. Get the Full Story Complete the form to unlock this article...

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Monos CEO: Inflation Shifts D2C Shoppers’ Spending Toward Sale Seasons
Monos CEO: Inflation Shifts D2C Shoppers’ Spending Toward Sale Seasons
August 15, 2023  |  Economy

In the face of ongoing macroeconomic pressures, many consumers are holding off on making major eCommerce purchases until holiday sales events, according to Monos CEO Victor Tam. Get...

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Retail Sales Top Estimates, but Key Discretionary Spending Declines
Retail Sales Top Estimates, but Key Discretionary Spending Declines
August 15, 2023  |  Economy

Retail sales keep on chugging along. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Groceries a Focal Point for Walmart and Target Earnings for Different Reasons
Groceries a Focal Point for Walmart and Target Earnings for Different Reasons
August 14, 2023  |  Earnings

Earnings season is ending, but there remains a final wave of reports from retail behemoths to be parsed. Get the Full Story Complete the form...

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