Consumer Spending

Five Ways Consumers Are Pumping the Brakes on Spending
Five Ways Consumers Are Pumping the Brakes on Spending
May 06, 2024  |  Consumer Insights

We may be witnessing the beginnings of a great pullback in consumer spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Sam Ash Closes Stores as Musicians Turn to Amazon
Sam Ash Closes Stores as Musicians Turn to Amazon
May 06, 2024  |  Retail

As Amazon gains share in hobby retail categories, specialty retailers such as Sam Ash are taking a hit. The music retailer announced Thursday (May 2) that it is closing all its...

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Starbucks Ex-CEO Urges Leaders to Return to Stores
Starbucks Ex-CEO Urges Leaders to Return to Stores
May 06, 2024  |  Restaurant innovation

Starbucks’ former CEO said the chain’s leaders need to spend more time at its stores. Get the Full Story Complete the form to unlock this article and...

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Are Consumers ‘Done With Fast Food’ as Prices Climb?
Are Consumers ‘Done With Fast Food’ as Prices Climb?
May 05, 2024  |  Restaurant Roundup

Denis Montenaro, a regular McDonald’s diner, recently came to a decision. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Fed Study: Banks Examine Credit Use When Considering Limit Increases
Fed Study: Banks Examine Credit Use When Considering Limit Increases
May 03, 2024  |  Banking

A new study from the Federal Reserve indicates that it’s not income levels or ability to repay that drives banks’ willingness to extend credit. Get...

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Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
May 03, 2024  |  Retail

As Amazon looks to close the gap with Walmart in grocery, both retail giants are seeing the opportunity to win over shoppers with their private-label brands. Get the Full Story Complete...

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Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 
Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 
May 02, 2024  |  Economy

This week, the Federal Reserve announced it will keep its benchmark interest rate in the same 5.25%–5.50% holding pattern that it has occupied since last...

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Fast-Food Slowdown May Mean Steeper Promotions
Fast-Food Slowdown May Mean Steeper Promotions
May 02, 2024  |  Economy

It’s been a season of slowing sales for quick-service restaurants (QSRs). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Consumers Aren’t Buying Many Handmade Trinkets Amid Economic Concern
Consumers Aren’t Buying Many Handmade Trinkets Amid Economic Concern
May 01, 2024  |  Retail

As consumers continue to feel the economic strain, they are cutting back on buying boutique, handmade items from independent creators, per Etsy’s latest earnings call. ...

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