There’ll be no loan forgiveness, it seems… …and the pinch to retailers’ top lines — and profits — may be unforgiving. Friday (June 30th), the Supreme Court struck down the Biden administration’s student loan forgiveness program. And so, the stage looks set for roughly $400...
As continued grocery inflation affects more consumers’ shopping habits, PepsiCo is facing new private-label competition. The multinational food and beverage giant shared on a call with analysts Tuesday (April 25), discussing its first quarter 2023 financial results, that it is beginning to face new challenges from retailers’...
Americans will spend a record $24 billion on Easter this year despite ongoing economic pressures. According to a survey released Monday (March 20) by the National Retail Federation (NRF), 81% of Americans will celebrate the holiday this year and spend an average of $192.01, another record amount. “Easter endures...
Target has observed that its investments in private-label sweets keep customers coming back. On a call with analysts Tuesday (Feb. 28) discussing its Q4 financial results, the retailer observed that, in addition to seeing its third consecutive year of double-digit comparable sales increases in food and...
June 30, 2023
There’ll be no loan forgiveness, it seems… …and the pinch to retailers’ top lines — and profits — may be unforgiving. Friday (June 30th), the Supreme Court struck down the Biden administration’s student loan forgiveness program. And so, the stage looks set for roughly $400 billion of student debt to remain on the books, so […]
March 20, 2023
Americans will spend a record $24 billion on Easter this year despite ongoing economic pressures. According to a survey released Monday (March 20) by the National Retail Federation (NRF), 81% of Americans will celebrate the holiday this year and spend an average of $192.01, another record amount. “Easter endures as an important holiday for many Americans, signifying new beginnings […]
May 13, 2020
When the coronavirus pandemic struck the nation two months ago, panicked customers stockpiled paper goods, shelf-stable foods and other essentials as states shut down. Shelves that once held toilet paper,...
June 05, 2018
With SunTrust Robinson Humphrey projecting that Amazon’s private label business could see revenues of $25 billion by 2022, SunTrust analyst Youssef Squali said the venture could send shares up more...
March 26, 2018
Macy’s has been suffering from a slump in sales, but it’s hoping a renewed focus on private label brands will improve its outlook with investors. According to Jeff Gennette, chairman and CEO of Macy’s,...
