Consumer Spending

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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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. Get the Full Story Complete the form to...

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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: Get the Full...

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Retail Sales: Consumers Shrug Off Higher Prices and Buy in July
Retail Sales: Consumers Shrug Off Higher Prices and Buy in July
August 15, 2024  |  Economy

The urge to splurge resurged in July as consumers shrugged off inflation and visited on-site retailers to conduct their everyday spending. Get the Full Story...

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Alibaba’s Profits Fall 27% as Chinese Consumers Cut Back
Alibaba’s Profits Fall 27% as Chinese Consumers Cut Back
August 15, 2024  |  Earnings

Alibaba’s Chinese commerce business has shrunk for the first time amid weak consumer spending. Get the Full Story Complete the form to unlock this article and...

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Big Spenders: Nearly Two-Thirds of Gen Z Spend More When Using Digital Wallets
Big Spenders: Nearly Two-Thirds of Gen Z Spend More When Using Digital Wallets
August 15, 2024  |  Mobile Wallets

Digital wallets are rapidly transforming the payments landscape, with projections indicating they will surpass debit cards in transaction value within three years. This transition highlights...

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Name Brands and Private Labels Battle for Grocery Shelf Space
Name Brands and Private Labels Battle for Grocery Shelf Space
August 14, 2024  |  Retail

There’s a battle brewing over shelf space in America’s grocery stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Trove Acquires Recurate to Expand Branded Resale Market Presence 
Trove Acquires Recurate to Expand Branded Resale Market Presence 
August 13, 2024  |  Acquisitions

Branded resale company Trove has acquired Recurate, a “significant” player in its industry. Get the Full Story Complete the form to unlock this article and...

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