Consumer Spending

87% of Consumers Say Inflation Outpaces Income Growth

87% of Consumers Say Inflation Outpaces Income Growth
87% of Consumers Say Inflation Outpaces Income Growth
October 20, 2022  |  Economy

Inflation continues to take a bite out of the household budget, to whittle away earnings power. In response, the belts are getting tighter and tighter...

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FinTech IPO Index Off 3% Amid Conflicting Signals On Consumer Spending
FinTech IPO Index Off 3% Amid Conflicting Signals On Consumer Spending
October 20, 2022  |  Fintech Investments

The FinTech IPO Index was down 3.2% heading into the end of the week and is down 10.2% headed into the final days of October....

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89% of Consumers Feel Inflation at the Grocery Store
89% of Consumers Feel Inflation at the Grocery Store
October 19, 2022  |  Economy

Inflation is weighing heavy on consumers’ minds, and rarely are they as aware of rising prices than when browsing the aisles at their local grocery...

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Delivery Startup Gopuff Cuts Hundreds of Jobs
Delivery Startup Gopuff Cuts Hundreds of Jobs
October 19, 2022  |  Delivery

Philadelphia, Pennsylvania-based delivery startup Gopuff has cut hundreds of workers as part of an earlier round of layoffs over the summer. Get the Full Story...

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As Inflation Rages, Walmart Announces Month-Long Sales Event
As Inflation Rages, Walmart Announces Month-Long Sales Event
October 19, 2022  |  Retail

Walmart is expanding its Black Friday deals for the entire month of November in a bid to get customers excited about shopping at a time...

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Gen Z Takes the Connected Commerce Torch From Millennials
Gen Z Takes the Connected Commerce Torch From Millennials
October 18, 2022  |  Retail

After years of obsessing over the buying behavior of millennials, retailers and brands are now pivoting to the next big thing, specifically, the Generation Z...

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Hasbro Sees Increasing Consumer Price Sensitivity and Reliance on Promotion
Hasbro Sees Increasing Consumer Price Sensitivity and Reliance on Promotion
October 18, 2022  |  Retail

For a business that’s been selling toys and games for 99 years, Rhode Island-based Hasbro — which now calls itself a “branded entertainment” company — is...

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Nordstrom Finance Chief Anne Bramman to Step Down
Nordstrom Finance Chief Anne Bramman to Step Down
October 18, 2022  |  Retail

After five years in the role, Nordstrom Chief Financial Officer Anne Bramman will resign in December, the luxury department store chain announced Monday (Oct. 17)....

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