Consumer Spending

Walmart Is Cutting Prices as Amazon Is Cutting Jobs

Walmart Is Cutting Prices as Amazon Is Cutting Jobs
Walmart Is Cutting Prices as Amazon Is Cutting Jobs
November 18, 2022  |  Retail

In a week that began with Walmart being cheered for delivering strong results and ended with Amazon embarking on its sharpest round of job cuts ever,...

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Big Box Retailers Target and Walmart Woo Higher-Income Grocery Shoppers
Big Box Retailers Target and Walmart Woo Higher-Income Grocery Shoppers
November 17, 2022  |  Retail

In this week’s grocery roundup, superstores set their sights on big spenders, Grab grows its grocery presence, and supermarket spending is rising. Get the Full...

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40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen
40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen
November 17, 2022  |  Consumer Finance

With 15 million consumers — close to 6% of the United States population — sitting out holiday gift buying this year, roughly 40% will use...

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All Merchants Want This Holiday Season Is a Lower Cost of Returns 
All Merchants Want This Holiday Season Is a Lower Cost of Returns 
November 17, 2022  |  Retail

With this year’s holiday season just around the corner, stores and brands are bracing themselves for a deluge of sales and returns — hoping to...

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PepsiCo Adds Ghost Kitchen Side Hustle to Drive Foodservice Sales
PepsiCo Adds Ghost Kitchen Side Hustle to Drive Foodservice Sales
November 17, 2022  |  ResTech

At a time when many consumers are adding second jobs to augment their income, it seems PepsiCo is looking to supplement its core beverages and snack foods...

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Macy’s CEO: ‘We’re a Financially Strong, More Modern Department Store’
Macy’s CEO: ‘We’re a Financially Strong, More Modern Department Store’
November 17, 2022  |  Retail

Drawing on a 40-year purview as a Macy’s employee that began as a trainee in 1983 and has seen him in the role of chairman...

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Kohl’s Says Middle Class and Discretionary Items Struggle with Inflation
Kohl’s Says Middle Class and Discretionary Items Struggle with Inflation
November 17, 2022  |  Retail

 With its focus on discretionary products and middle-income consumers, Kohl’s has been hard hit by the current macroeconomic trends, the retailer said Thursday (Nov. 17) during its...

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54% of Rural Residents Hit Harder by Inflation Than Urbanites
54% of Rural Residents Hit Harder by Inflation Than Urbanites
November 17, 2022  |  Economy

The affects of inflation may be felt by everyone, but new research shows that the depth of the impact varies widely, particularly for those living...

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