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As grocery retailers observe consumers shifting to private-label items in the face of rising prices, leading food and beverage (F&B) brands are standing their ground, arguing that this trend is not the threat to their business that some might imagine. Get the Full Story Complete...
With the possibility of a Thursday (July 28) report showing the U.S. economy shrank for the second straight quarter, the Biden administration is getting in front of the narrative that the nation is in recession. Get the Full Story Complete the form to unlock this...
Consumer confidence in the U.S. hit another low in July, as rising inflation casts a shadow over the economy’s future, Bloomberg reported Tuesday (July 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Reviewers on Yelp have a bitter taste in their mouths and are taking to the social site as meal sizes shrink amid rising costs for everything and they feel the pinch of paying more for less. Get the Full Story Complete the form to unlock this article...
As food prices continue to soar, grocers are bumping prices up, while restaurants continue to absorb much of this inflationary pressure in a move to avoid losing their customers to less costly alternatives. Get the Full Story Complete the form to unlock this article and...
Push and pull. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications...
The professional and business services sector posted the biggest gains last month, adding 74,000 jobs to the overall 372,000 in new openings, while the unemployment rate of 3.6% remained the same for the fourth month in a row, the U.S. Bureau of Labor Statistics reported on...
The average monthly payment for new luxury cars is up, with more than 12% of consumers financing a car with over $1,000 in monthly payments — a boost from 7.3% from June of last year, CNBC wrote Tuesday (July 5). Get the Full Story Complete...
