Consumer Spending

Five Below CEO Steps Down as Comparable Sales Slip

Five Below CEO Steps Down as Comparable Sales Slip
Five Below CEO Steps Down as Comparable Sales Slip
July 16, 2024  |  Retail

Five Below has announced a leadership transition, with Joel Anderson stepping down from his roles of president and CEO, and from the board of directors,...

READ MORE >
Amazon Prime Day Sales Outpace 2023 Event in First Hours
Amazon Prime Day Sales Outpace 2023 Event in First Hours
July 16, 2024  |  Amazon

The first hours of Amazon’s Prime Day reportedly saw sales outpacing those of last year’s event. Get the Full Story Complete the form to unlock...

READ MORE >
Credit Card Retail Payments Fall by 18% Amid Budget Pressures
Credit Card Retail Payments Fall by 18% Amid Budget Pressures
July 16, 2024  |  Credit Cards

As consumers continue to face financial pressures, many are shifting away from credit payments for retail purchases, instead playing it safe with debit. Get the...

READ MORE >
Bank of America: Consumers Still Have Borrowing Power Left on Their Credit Cards
Bank of America: Consumers Still Have Borrowing Power Left on Their Credit Cards
July 16, 2024  |  Earnings

For Bank of America, digital channels have represented avenues of continued growth, making inroads with credit card spending in particular. Get the Full Story Complete...

READ MORE >
Save A Lot VP: Consumers Cross-Shop to Stretch Grocery Budgets
Save A Lot VP: Consumers Cross-Shop to Stretch Grocery Budgets
July 16, 2024  |  Retail

Amid ongoing inflation and economic challenges, grocery shoppers are recalibrating their budgeting behaviors to make ends meet. Get the Full Story Complete the form to...

READ MORE >
Big-Ticket Retail Sales Take Hit in June
Big-Ticket Retail Sales Take Hit in June
July 16, 2024  |  Consumer Finance

A flat June reading for retail sales can be a tossup in terms of getting a sense of how the consumer is faring. Get the...

READ MORE >
Big Bank Earnings Show Mixed Signals on Consumer Credit Health
Big Bank Earnings Show Mixed Signals on Consumer Credit Health
July 15, 2024  |  Earnings

Get enough data points in place, and you have a trend. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
China’s Economic Growth Shows Surprise Slowdown
China’s Economic Growth Shows Surprise Slowdown
July 15, 2024  |  International

Economic growth in China reportedly fell to its slowest pace in five quarters. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Goldman’s Card Balances Up 11% as Management Is ‘Pleased’ With Credit Performance
Goldman’s Card Balances Up 11% as Management Is ‘Pleased’ With Credit Performance
July 15, 2024  |  Earnings

Goldman Sachs’ GreenSky sale is in the rearview mirror and its pivot from Main Street banking is ongoing. Get the Full Story Complete the form...

READ MORE >