inflation

Amazon Leverages Membership Surge With October Prime Day Push
Amazon Leverages Membership Surge With October Prime Day Push
September 26, 2022  |  Retail

Any doubts that deep and early discounting would be the theme of thus year’s holiday shopping season were laid to rest Monday (Sept. 26) as...

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BloomsyBox Turns Flower Subscriptions Into an Essential Consumer Purchase
BloomsyBox Turns Flower Subscriptions Into an Essential Consumer Purchase
September 26, 2022  |  Subscription Commerce

With inflation on the rise, 85% of consumers are concerned or very concerned about their budgets. With the prospect of rising costs continuing well into...

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UK Retailers Struggle to Stem Slumping Sales, While Canada Sees Slight Increase
UK Retailers Struggle to Stem Slumping Sales, While Canada Sees Slight Increase
September 23, 2022  |  Retail

Retailers in the U.K. reported a drop in sales for September and expect that trend to continue next month as businesses prepare for the holiday...

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Costco Earnings Reflect New Competition as Consumers, Rival Retailers Trade Down
Costco Earnings Reflect New Competition as Consumers, Rival Retailers Trade Down
September 23, 2022  |  Retail

Since opening its first warehouse store in Seattle 40 years ago, Costco has never wavered from its mission “to continually provide our members with quality...

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Subscription Shortcomings Could Take Bite Out of Apple’s Ambitions
Subscription Shortcomings Could Take Bite Out of Apple’s Ambitions
September 22, 2022  |  Subscriptions

The devil, they say, is in the details. And the details, as outlined in the latest Subscription Commerce Conversion report, offer up data that may...

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LendingClub CEO Says Paycheck-to-Paycheck Living Is ‘New Climate Crisis’
LendingClub CEO Says Paycheck-to-Paycheck Living Is ‘New Climate Crisis’
September 22, 2022  |  Consumer Finance

As various government agencies and reports use slight inflationary easing to show the economy isn’t in such bad shape, there’s an unescapable chill in the...

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Darden, General Mills Experience Two Versions of Food Inflation
Darden, General Mills Experience Two Versions of Food Inflation
September 21, 2022  |  Earnings

Call it a tale of two business models — of ways of grappling with food inflation and grappling with the challenges of protecting margins. Call...

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PYMNTS Intelligence: Consumers Fear Inflation Will Linger for 22 Months — or More
PYMNTS Intelligence: Consumers Fear Inflation Will Linger for 22 Months — or More
September 21, 2022  |  Economy

The Federal Reserve boosted interest rates again on Wednesday (Sept. 21) attempting to beat back rampant inflation — cold comfort to consumers bearing the brunt...

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Walmart Seasonal Hiring Plans Down 75% vs Last Year
Walmart Seasonal Hiring Plans Down 75% vs Last Year
September 21, 2022  |  Retail

Walmart plans to hire 40,000 employees for the upcoming holidays, a 75% drop from the retailer’s 150,000-worker target from last year. Those workers will include...

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