Consumer Spending

Merchants Buck Discretionary Spending Pressures by Making Subscriptions ‘Essential’
Merchants Buck Discretionary Spending Pressures by Making Subscriptions ‘Essential’
August 24, 2023  |  Subscriptions

Subscription firms face pressures they wouldn’t have expected just a few months ago. Brian Bogosian, CEO of sticky.io, told Karen Webster in an interview that the...

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Seasonal Trends and a Recall Prompt Drop in Peloton Subscriptions 
Seasonal Trends and a Recall Prompt Drop in Peloton Subscriptions 
August 23, 2023  |  Retail

The state of recalls. That’s what it feels like with Peloton, as on Wednesday (Aug. 23) the company reported a loss that exceeded expectations and...

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Fitness Takes the Lead: Dick’s Sporting Goods Emerges as Priority in Consumer Budgets 
Fitness Takes the Lead: Dick’s Sporting Goods Emerges as Priority in Consumer Budgets 
August 23, 2023  |  Earnings

Shoppers are exercising increased prudence in terms of nonessential expenditures. This trend is a hot topic within the retail sector, from everyday grocery shopping to...

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As Consumers Cut Back on Discretionary Spending, Macy’s Amplifies Leaner and Personalized Inventory
As Consumers Cut Back on Discretionary Spending, Macy’s Amplifies Leaner and Personalized Inventory
August 23, 2023  |  Earnings

Consumers are cautious these days about their spending.  It’s the tale of the retail community and the real-life challenge Macy’s is currently grappling with. On...

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Holiday ‘Sales Creep’ May Burden Inventory-Laden Retailers
Holiday ‘Sales Creep’ May Burden Inventory-Laden Retailers
August 22, 2023  |  Retail

Right now, the headlines and news stories detailing the deluge of holiday merchandise on retailers’ shelves are a bit whimsical. Christmas is here, is the...

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Chinese eCommerce Giants Embrace Lower-Priced Goods
Chinese eCommerce Giants Embrace Lower-Priced Goods
August 21, 2023  |  eCommerce

Consumers in China have started trading down, and the country’s eCommerce giants are acting accordingly. Companies like Alibaba and JD.com have launched campaigns to promote lower-priced items, The Wall Street...

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Auto Prices Speed Past Affordability as Defaults Climb
Auto Prices Speed Past Affordability as Defaults Climb
August 21, 2023  |  Economy

Times are tough for the American car buyer, whether they’re seeking new or used vehicles. New cars less than $20,000 are all but extinct, while...

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Some Borrowers See Student Loan Relief Despite Court Ruling
Some Borrowers See Student Loan Relief Despite Court Ruling
August 20, 2023  |  Debt

Earlier this summer, the Supreme Court struck down President Joe Biden’s student loan forgiveness plan. It was bad news for many borrowers, but not all...

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Walmart and Amazon: A Tale of Two Massive Retailer Earnings
Walmart and Amazon: A Tale of Two Massive Retailer Earnings
August 18, 2023  |  Retail

The eagerly anticipated earnings release for Walmart beat analyst predictions, showing how efforts by the Bentonville-based retailer to increase market share and grow its customer...

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