Kohl’s shoppers are reportedly hoping the chain’s new CEO can bring back some old favorites. The retailer appointed in November Michaels Companies CEO Ashley Buchanan...
With ongoing financial strain causing many consumers to live paycheck to paycheck, retailers are adjusting strategies to cater to cost-conscious shoppers. As inflation pressures persist...
After a nearly $1 trillion holiday season, U.S. consumer spending shows no sign of slowing. The exact figure is $994 billion, according to recent findings...
December’s retail sales, released on Thursday (Jan. 16) by the Census Bureau, were a snapshot of consumer resilience, buoyed by end-of-year sales. And beyond the...
Retail and food services sales in the United States grew in December. They increased 0.4% compared with November and 3.9% compared with December 2023, according...
Record post-Thanksgiving sales have caused Target to raise its sales guidance. The retailer announced Thursday (Jan. 16) that it now anticipates an approximately 1.5% increase in fourth-quarter comparable sales...
Citigroup’s fourth-quarter earnings results were part of a trend in banking reports Wednesday (Jan. 15), where consumer spending continued to drive momentum on cards, the...
The Bureau of Labor Statistics has given its latest reading on inflation, and the data released Wednesday (Jan. 15) notes the prices consumers pay (as...
J.P. Morgan Chase’s fourth-quarter earnings results showed continued momentum in consumer spending, with increased credit and debit card use. Consumers also drew down their deposit...