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Kroger Feels Impacts of Low-Income Shoppers’ Trade-Down Amid SNAP Cuts

Kroger Feels Impacts of Low-Income Shoppers’ Trade-Down Amid SNAP Cuts
Kroger Feels Impacts of Low-Income Shoppers’ Trade-Down Amid SNAP Cuts
September 08, 2023  |  Earnings

With many low-income consumers struggling with the impacts of the reduction in their benefits, Kroger is seeing its more budget-pressured customers pull back. Get the...

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Retailers Hope to Hit Metaverse Spending With Real Products
Retailers Hope to Hit Metaverse Spending With Real Products
August 18, 2023  |  Metaverse

Even though the media has shifted its focus away from the metaverse, consumers’ interaction with the virtual realm is far from over. At least that’s...

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Instacart Expands Online SNAP Payment Acceptance Nationwide
Instacart Expands Online SNAP Payment Acceptance Nationwide
August 10, 2023  |  Retail

Online grocery marketplace Instacart now accepts Electronic Benefits Transfer for Supplemental Nutrition Assistance Program (EBT SNAP) payments throughout the entire United States. Get the Full Story Complete...

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CE 100 Index Gains 1.3% as Ocado’s Surge Offset by LendingClub, Snap Declines
CE 100 Index Gains 1.3% as Ocado’s Surge Offset by LendingClub, Snap Declines
July 31, 2023  |  Connected Economy

Earnings season is now in full swing, dominating headlines, moving stocks in our ConnectedEconomy™ 100 Index up double-digit percentage points — and to the downside,...

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Snap’s Global Expansion Shows Promise, but Revenue Tells Different Story
Snap’s Global Expansion Shows Promise, but Revenue Tells Different Story
July 26, 2023  |  Social Commerce

Quarter after quarter, retailers have been singing the same old song, citing macroeconomic challenges as the hook. While the hook remains the same, there’s a...

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Walmart Offers Customers on Government Assistance Walmart+ Discounts
Walmart Offers Customers on Government Assistance Walmart+ Discounts
July 20, 2023  |  Retail

Walmart is continuing its efforts to court customers who receive government assistance. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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CE 100 Index Gains 4.7% as Affirm Soars and Banks Post Earnings  
CE 100 Index Gains 4.7% as Affirm Soars and Banks Post Earnings  
July 17, 2023  |  Connected Economy

For the CE 100 Index, the week was a rollicking one to the upside. Get the Full Story Complete the form to unlock this article...

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Snap Enables Profile Links but Which Creators Will Convert? 
Snap Enables Profile Links but Which Creators Will Convert? 
July 14, 2023  |  Social Commerce

With platforms like TikTok, Facebook, and Instagram making it faster and more convenient for consumers worldwide to share their shopping experiences and kick-start retail trends,...

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Snapchat Reportedly Reaps Benefits From Creator Revenue-Sharing Program
Snapchat Reportedly Reaps Benefits From Creator Revenue-Sharing Program
July 09, 2023  |  Social Commerce

Snapchat’s plan to woo creators by allowing them to share ad revenue could be paying off. Get the Full Story Complete the form to unlock this...

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