retail spending

Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast Fashion
Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast Fashion
April 22, 2024  |  Retail

With young consumers’ fashion habits rapidly evolving alongside quickly changing social media trends, Express has not been able to keep up. The fast-fashion company, which...

READ MORE >
Fed’s Beige Book Cites Weak Discretionary Spending
Fed’s Beige Book Cites Weak Discretionary Spending
April 17, 2024  |  Economy

Eight times each year the Fed publishes what’s known as the Beige Book — a qualitative take from each of the 12 federal bank districts....

READ MORE >
US Retail Inventories Climb in February
US Retail Inventories Climb in February
April 15, 2024  |  Retail

Retail inventories climbed in February after being flat the prior month. According to the Commerce Department’s Monthly Retail Trade and Food Services report released Monday (April...

READ MORE >
Shoppers Grow Cautious and Creative as Food Prices Climb
Shoppers Grow Cautious and Creative as Food Prices Climb
April 04, 2024  |  Economy

How far will $100 go at the supermarket? Not as far as in 2019. While food inflation has slowed in recent months, costs continue to climb at...

READ MORE >
Consumers Are Spending More, but 6 in 10 Check the Price Tag First
Consumers Are Spending More, but 6 in 10 Check the Price Tag First
April 02, 2024  |  Consumer Insights

As reported last week, data from the Bureau of Economic Analysis confirms February consumer spending was up, a trend some analysts believe could influence the Fed’s decision to...

READ MORE >
Retailers Struggle Amid More Cautious Consumer Spending
Retailers Struggle Amid More Cautious Consumer Spending
March 24, 2024  |  Retail

U.K. and U.S. retailers are reportedly finding that deep discounts aren’t enough to woo consumers. “Even the strongest and highest profile brands up and down the country...

READ MORE >
Consumers ‘Balancing a Lot’ as Retail Sales Slow
Consumers ‘Balancing a Lot’ as Retail Sales Slow
March 17, 2024  |  Consumer Insights

Consumers are growing more hesitant to spend following a long stretch of looser spending. That’s according to a Saturday (March 16) report by the Financial...

READ MORE >
Etsy Counts on Consumers’ Gifting Splurges Amid Overall Belt-Tightening
Etsy Counts on Consumers’ Gifting Splurges Amid Overall Belt-Tightening
February 21, 2024  |  eCommerce

Consumers’ hesitancy to buy themselves nice things amid ongoing economic challenges is taking a hit on Etsy. Now, the eCommerce marketplace is turning its focus...

READ MORE >
Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
December 18, 2023  |  eCommerce

Shopee, an eCommerce firm owned by Singapore-based Sea, is expanding its presence in Latin America with the acquisition of the local credit arm of Brazilian FinTech...

READ MORE >