Consumer Spending

Bump in Jobless Claims Underscores Consumer Caution Around Spending

Bump in Jobless Claims Underscores Consumer Caution Around Spending
Bump in Jobless Claims Underscores Consumer Caution Around Spending
September 12, 2024  |  Economy

Although jobless claims newly reported for the past week were only slightly higher, the psychological effect may be one where consumers are more cautious about...

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Holiday eCommerce Sales Projected to Rise Despite Inflation
Holiday eCommerce Sales Projected to Rise Despite Inflation
September 12, 2024  |  Retail

A new report suggests Americans will slow their holiday spending this year compared to 2023. Get the Full Story Complete the form to unlock this...

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Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs Rise
Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs Rise
September 11, 2024  |  Economy

The pace of price increases overall is slowing. But the costs of some key essentials remain stubbornly high, and they ticked higher in August. Get...

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Burlington Stores CEO Says Lower-Income Shoppers Gaining Amid Economic Shifts
Burlington Stores CEO Says Lower-Income Shoppers Gaining Amid Economic Shifts
September 10, 2024  |  Earnings

As Burlington Stores CEO Michael O’Sullivan discussed the company’s strong fiscal results during its second-quarter earnings call (Aug. 29), he offered his thoughts related to...

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Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
September 09, 2024  |  Consumer Finance

Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and...

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Bankruptcy Filing Highlights Deep-Rooted Issues in Big Lots’ Business Model
Bankruptcy Filing Highlights Deep-Rooted Issues in Big Lots’ Business Model
September 09, 2024  |  Retail

As Big Lots embarks on a Chapter 11 restructuring and prepares for acquisition by Nexus Capital Management, retail analysts are evaluating the company’s future amid...

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Big Lots Declares Bankruptcy as Consumers Chase Deals
Big Lots Declares Bankruptcy as Consumers Chase Deals
September 09, 2024  |  Retail

Discount retailer Big Lots has declared bankruptcy and sold itself to an investment firm. Get the Full Story Complete the form to unlock this article and enjoy...

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Paycheck-to-Paycheck Shoppers May Demand More Deals Events This Fall
Paycheck-to-Paycheck Shoppers May Demand More Deals Events This Fall
September 03, 2024  |  Retail

In the wake of the savings events rush of the summer, with seemingly every large merchant announcing some major discounting push, consumers are growing accustomed...

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Trending: Most Consumers Think Twice Before Spending, Then Trade Down
Trending: Most Consumers Think Twice Before Spending, Then Trade Down
September 02, 2024  |  Economy

Sept. 17 is looming as a critical date on the economic calendar. It’s the date the Federal Reserve meets to consider — and most analysts...

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