Consumer Spending

Walmart Aims to Supercharge eCommerce Growth With Marketplace Push
Walmart Aims to Supercharge eCommerce Growth With Marketplace Push
August 28, 2024  |  eCommerce

Walmart’s eCommerce business has increased in the past few years, and now, to take that growth to the next level and better compete with rival...

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Mixed Signals: Consumer Confidence Rises Slightly as Economic Uncertainties Linger
Mixed Signals: Consumer Confidence Rises Slightly as Economic Uncertainties Linger
August 27, 2024  |  Consumer Insights

Is the American consumer cautiously confident? Confidently cautious? Somewhere in the middle? The Conference Board released its Consumer Confidence Index Tuesday (Aug. 27), which showed...

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Starbucks Turns to Pumpkin Spice Lattes to Perk Up Sales
Starbucks Turns to Pumpkin Spice Lattes to Perk Up Sales
August 24, 2024  |  Retail

As Starbucks struggles with comparable sales declines, the coffeehouse giant is evidently asking, “Maybe the Pumpkin Spice Latte will fix it?” The brand announced this...

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Ross Stores and TJ Maxx Add Stores; Target Focuses on Digital Engagement
Ross Stores and TJ Maxx Add Stores; Target Focuses on Digital Engagement
August 23, 2024  |  Retail

Second-quarter earnings reports for Ross Stores, TJX Companies (parent of TJ Maxx) and Target unveiled a mixed bag of results against a backdrop of economic...

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$875 Up for Grabs: Amazon and Walmart Woo Back-to-School Shoppers
$875 Up for Grabs: Amazon and Walmart Woo Back-to-School Shoppers
August 23, 2024  |  Retail

As school season approaches, prompting parents to shell out hundreds of dollars, retail giants Amazon and Walmart are each vying to be shoppers’ go-to for...

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TJX Sales Climb as Consumers ‘Keep Seeking Value’
TJX Sales Climb as Consumers ‘Keep Seeking Value’
August 21, 2024  |  Earnings

TJ Maxx/Marshalls’ parent TJX continues to benefit from value-chasing consumers. The discount retail company released earnings Wednesday (Aug. 21) showing sales up 6% for the...

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Consumers Paid the Price for Overstated Job Growth That Kept Interest Rates Too High
Consumers Paid the Price for Overstated Job Growth That Kept Interest Rates Too High
August 21, 2024  |  Economy

A downward revision to previously released job market data might be enough to spur interest rate cuts. But the damage to the paycheck-to-paycheck economy —...

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Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
August 21, 2024  |  Retail

A streamlined checkout experience and the deployment of generative artificial intelligence-powered handheld devices for employees have improved the in-store experience at Target, the retailer said...

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eCommerce Now 15.2% of Retail Sales as Growth Slows
eCommerce Now 15.2% of Retail Sales as Growth Slows
August 19, 2024  |  Retail

If there’s been a buzzword through the past few weeks, called out during earnings commentary and in presentation decks, it’s been this: Normalization. Card companies...

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