Consumer Spending

Best Buy Revenues Dip as Consumers Await ‘Deals and Sales’
Best Buy Revenues Dip as Consumers Await ‘Deals and Sales’
November 26, 2024  |  Retail

Best Buy says cautious, deal-chasing consumers and the presidential election kept quarterly sales muted. The electronics retailer released earnings Tuesday (Nov. 26) showing a 2.9%...

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Ross, TJX and Gap Pivot as Consumer Spending Shift Poses Challenges
Ross, TJX and Gap Pivot as Consumer Spending Shift Poses Challenges
November 26, 2024  |  Retail

As consumers remain cautious with their spending amid ongoing economic pressures, leading retail companies encountered a mixed landscape in the third quarter. Ross Stores, TJX...

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November Consumer Confidence Jumps, but Spending Plans Mixed
November Consumer Confidence Jumps, but Spending Plans Mixed
November 26, 2024  |  Consumer Insights

Headed into Black Friday, consumers are more positive than they have been in months. That’s among the takeaways from the latest reading of The Conference...

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Burlington Sales Impacted by ‘Significantly’ Warmer Fall Temperatures
Burlington Sales Impacted by ‘Significantly’ Warmer Fall Temperatures
November 26, 2024  |  Earnings

A warmer-than-normal autumn wasn’t enough to stall sales growth for Burlington Stores. The off-price clothing retailer posted earnings Tuesday (Nov. 26) showing total sales up 11% for the...

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Dick’s Sporting Goods Outperforms Headwinds Due to Experiences, Exclusive Brands
Dick’s Sporting Goods Outperforms Headwinds Due to Experiences, Exclusive Brands
November 26, 2024  |  Earnings

Dick’s Sporting Goods’ third-quarter 2024 earnings results exceeded analyst expectations and demonstrated continued momentum as the back-to-school season transitioned into the holiday shopping period. During...

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Retailers Take Note: Consumers Say There Are Too Many Deals
Retailers Take Note: Consumers Say There Are Too Many Deals
November 25, 2024  |  Consumer Insights

Through the past few years, consumers in the United States, have collectively seemed to be an unstoppable force. They have spent through inflationary times, geopolitical...

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Report: Trump Tariffs Could Cost Consumers $78 Billion Per Year
Report: Trump Tariffs Could Cost Consumers $78 Billion Per Year
November 24, 2024  |  Economy

Recent research shows that President-elect Donald Trump’s tariff proposals could cost American consumers. A report earlier this month from the National Retail Federation (NRF) showed...

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China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched
China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched
November 24, 2024  |  Retail

While Chinese consumers are struggling, the country’s secondhand luxury market is reportedly thriving. As the Financial Times (FT) reported Sunday (Nov. 24), companies such as...

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Leading Indicators: Bumpy Holiday Season for Consumers, and Maybe B2B Too?
Leading Indicators: Bumpy Holiday Season for Consumers, and Maybe B2B Too?
November 22, 2024  |  Economy

This week, PYMNTS Intelligence noted the appeal of paying over time — especially now, headed into the holiday shopping season, which starts, well, now. Our...

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