Consumer Spending

Grubhub Orders Fall by the Millions as Diners Cut Back
Grubhub Orders Fall by the Millions as Diners Cut Back
July 26, 2023  |  Earnings

Grubhub is seeing its orders plummet as rising restaurant prices prompt diners to seek less expensive food options. In its latest earnings report released on Wednesday...

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Consumers Confident but Student Loan Repayments May Pinch Holiday Spending
Consumers Confident but Student Loan Repayments May Pinch Holiday Spending
July 25, 2023  |  Consumer Insights

Consumer confidence is high. The payments networks are about to report earnings, and banks have already pointed to some resilience, although spending is slowing. Uneven...

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Why Seniors’ Surprisingly Strong Spending Power Starts at Home
Why Seniors’ Surprisingly Strong Spending Power Starts at Home
July 25, 2023  |  Consumer Finance

Paid-off homes and higher savings cushions could be behind the elder generation’s purchasing abilities. Even as they ease out of their peak earning power, baby...

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Staff Shortages Drive Restaurant Visits, Spend Per Meal Decline
Staff Shortages Drive Restaurant Visits, Spend Per Meal Decline
July 25, 2023  |  Economy

June restaurant purchases were at their lowest volume in over a year as consumers tepidly, and unevenly, increased their discretionary spend. As noted in proprietary...

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Albertsons Loyalty Growth Continues as Shoppers Seek Deals
Albertsons Loyalty Growth Continues as Shoppers Seek Deals
July 25, 2023  |  Loyalty & Rewards

With inflationary concerns continuing to weigh heavy on consumers’ minds and budgets, Albertsons Companies is seeing loyalty growth by the millions. The grocer, parent company of a...

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Unilever Says Inflation Past Peak as Sales Climb
Unilever Says Inflation Past Peak as Sales Climb
July 25, 2023  |  Earnings

Consumer packaged goods giant Unilever believes inflation has reached its peak. The company’s finance chief made that observation Tuesday (July 25) as Unilever reported its quarterly earnings, which...

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Grocery Shrinkflation Adds to Shopper Frustration
Grocery Shrinkflation Adds to Shopper Frustration
July 24, 2023  |  Economy

As food prices rise, many consumer-packaged goods (CPG) brands seem to be reducing the amount of product per package, and consumers are taking note. In...

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14% of Consumers Prioritize the Bills Easiest to Pay
14% of Consumers Prioritize the Bills Easiest to Pay
July 24, 2023  |  Consumer Payments

The ease of bill pay can help decide what gets paid and what doesn’t when consumers are under the kind of financial pressures they’ve been...

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Walmart+ Week Shoppers Went for Groceries; Amazon Prime Members Went for Everything Else
Walmart+ Week Shoppers Went for Groceries; Amazon Prime Members Went for Everything Else
July 24, 2023  |  Retail

What happens when you throw a party and nobody comes? Certainly, it can be a disappointing and disheartening experience — yet still it presents an...

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