Consumer Spending

Study: 70% of Subscription Firms Don’t Measure Customer Retention Rates
Study: 70% of Subscription Firms Don’t Measure Customer Retention Rates
July 12, 2023  |  Subscriptions

“How’m I doing?” The old New York City Mayor Ed Koch line brings to mind subscription companies — perhaps an odd parallel to draw. But...

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Will Inflation’s Cooling Pace Heat Up Consumer Spending as Summer Wanes?
Will Inflation’s Cooling Pace Heat Up Consumer Spending as Summer Wanes?
July 12, 2023  |  Economy

The torrid pace of inflation is torrid no longer. At least judging by the data for June. The question remains, however, whether the fact that...

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Amazon Uses Priceline Partnership to Grab Travel Spend on Prime Day
Amazon Uses Priceline Partnership to Grab Travel Spend on Prime Day
July 11, 2023  |  Retail

Amazon Prime Day is now underway, and the eCommerce giant is determined to engage Prime members and stimulate spending. With lofty aspirations, Amazon aims to...

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Consumers Skip Nightclubs and Sports Bars Despite Improving Finances
Consumers Skip Nightclubs and Sports Bars Despite Improving Finances
July 11, 2023  |  Earnings

As RCI Hospitality Holdings sees sales at its gentlemen’s clubs and restaurants falter, it seems consumers’ years of pent-up demand have finally given way to...

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Carbone Fine Food CEO: Inflation Hurts Middle-Tier CPG Brands Most
Carbone Fine Food CEO: Inflation Hurts Middle-Tier CPG Brands Most
July 11, 2023  |  Economy

As consumers adjust their spending in response to inflation, Carbone Fine Food is seeing middle-tier consumer packaged goods (CPG) get edged out by budget options while...

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Walgreens Woos Cautious Consumers With ‘MyW Days’
Walgreens Woos Cautious Consumers With ‘MyW Days’
July 10, 2023  |  Retail

As consumers struggle with high prices, Walgreens is working to woo its loyalty program members. The pharmacy chain on Monday (July 10) announced “myW Days,” a weeklong event...

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Levi’s Cuts Prices as Consumers Cut Spending  
Levi’s Cuts Prices as Consumers Cut Spending  
July 10, 2023  |  Retail

The story of consumer cutbacks on discretionary items, like apparel and beauty products, continues. But a new narrative is starting to emerge, as brands and...

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Walmart Goes Back in Time With Back-to-School Prices
Walmart Goes Back in Time With Back-to-School Prices
July 10, 2023  |  Retail

Walmart is letting parents shop for the 2023 school year at 2022 prices. “With 80% of customers expecting to spend more on supplies this year, …we’re...

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Millennials Worry Less About Inflation and More About Paying Back Student Loans
Millennials Worry Less About Inflation and More About Paying Back Student Loans
July 07, 2023  |  Loans

United States consumers take out student loans in hopes that a college education for their children or themselves will contribute to a higher income later...

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