inflation

Fed’s ‘Beige Book’ Reflects Growing Pessimism on Main Street
Fed’s ‘Beige Book’ Reflects Growing Pessimism on Main Street
October 19, 2022  |  SMBs

No easy times lie ahead for small and midsize businesses (SMBs) on Main Street. We’re in the midst of the fourth quarter. If thus far,...

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89% of Consumers Feel Inflation at the Grocery Store
89% of Consumers Feel Inflation at the Grocery Store
October 19, 2022  |  Economy

Inflation is weighing heavy on consumers’ minds, and rarely are they as aware of rising prices than when browsing the aisles at their local grocery...

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CPG Brands Push Back on Losing Share to Private Labels
CPG Brands Push Back on Losing Share to Private Labels
October 19, 2022  |  Earnings

As prices rise, many consumers have been seeking out lower-priced alternatives for the products that they need every day, but consumer packaged goods (CPG) brands...

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Uber Eats Bets It Can Succeed Where Fast Grocers Failed
Uber Eats Bets It Can Succeed Where Fast Grocers Failed
October 19, 2022  |  Delivery

Uber Eats may be able to succeed in the quick commerce space where ultrafast grocery startups failed. The aggregator announced Tuesday (Oc. 18) its first...

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Inflation Tests Ikea’s Will and Discount Business Model
Inflation Tests Ikea’s Will and Discount Business Model
October 19, 2022  |  Retail

The discount model of Swedish home furnishing company Ikea appears to be facing strain as the prices of some of its products have risen by...

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Goldman’s Marcus Logs $110B in Deposits as Digital Bank Refocuses
Goldman’s Marcus Logs $110B in Deposits as Digital Bank Refocuses
October 18, 2022  |  Earnings

Amid the macro headwinds, Goldman Sachs’ digital bank is a work in progress. And now, according to the company, Marcus will be folded into the...

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Inflation Slows Ultrafast Grocers’ Ambitions
Inflation Slows Ultrafast Grocers’ Ambitions
October 17, 2022  |  Economy

Those who have been skeptical of the hype around ultrafast grocery all along have been vindicated, at least in part, as players in the space...

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JPMorgan: Consumer Savings Suffer as Spending Outpaces Income
JPMorgan: Consumer Savings Suffer as Spending Outpaces Income
October 14, 2022  |  Earnings

Consumers are continuing to spend. And credit quality, as J.P. Morgan Chase executives said during a conference call Friday (Oct. 14) with analysts to discuss...

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Stubborn Inflation Continues Devouring Retail Sales as Consumers Grow Cautious 
Stubborn Inflation Continues Devouring Retail Sales as Consumers Grow Cautious 
October 14, 2022  |  Economy

People are thinking twice before opening their wallets as inflation continues to run rampant, devouring retail sales in most categories last month and aligning with...

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