inflation

Focus on Outdoor, Athleisure Trends Lifts Wolverine’s Merrell, Saucony Brands
Focus on Outdoor, Athleisure Trends Lifts Wolverine’s Merrell, Saucony Brands
August 10, 2022  |  Retail

In the face of growing economic headwinds, footwear and apparel maker Wolverine Worldwide said its continued focus on meeting strong consumer demand for outdoor and...

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Stressed Consumers Get Some Relief As July Inflation Dips to 8.5%
Stressed Consumers Get Some Relief As July Inflation Dips to 8.5%
August 10, 2022  |  Economy

The government’s closely watched CPI report showed Wednesday (Aug 10) that inflation eased to 8.5% in July, marking a larger than expected dip from the...

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Allbirds’ Omnichannel Evolution From D2C Pure-Play Can’t Happen Fast Enough
Allbirds’ Omnichannel Evolution From D2C Pure-Play Can’t Happen Fast Enough
August 09, 2022  |  Retail

Earnings season in an inflationary climate can be a drag, as brands continue to trim outlooks and reposition for a long fall and winter of...

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Walmart Cuts Jobs at Corporate, Braces for Sales Slowdown
Walmart Cuts Jobs at Corporate, Braces for Sales Slowdown
August 03, 2022  |  Walmart

Walmart has announced plans to cut about 200 corporate jobs at its headquarters and other offices, according to a report Wednesday (Aug. 3) from The...

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Valvoline Aims to Be Pure-Play Retailer as Consumer Demand for Auto Service Rises
Valvoline Aims to Be Pure-Play Retailer as Consumer Demand for Auto Service Rises
August 01, 2022  |  Retail

Valvoline, the second largest operator of oil change and auto service locations in the U.S., said Monday (Aug 1) that it sold its global lubricants...

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Inflation Bites as 13% of US Consumers Spent More Than They Earned in Last Six Months
Inflation Bites as 13% of US Consumers Spent More Than They Earned in Last Six...
August 01, 2022  |  Consumer Finance

As inflation continues its upward swing, consumers worldwide are finding it more difficult to manage spending and put aside savings under mounting financial pressures. In...

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Consumers Think Twice About Restaurant Spending as Inflation Climbs
Consumers Think Twice About Restaurant Spending as Inflation Climbs
July 29, 2022  |  Consumer Insights

As food prices rapidly rise, consumers are rethinking how they spend at restaurants. By the Numbers Research from PYMNTS’ new study,  “Consumer Inflation Sentiment: July...

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Consumer Spending Surges as Inflation Eats Away at Household Budgets
Consumer Spending Surges as Inflation Eats Away at Household Budgets
July 29, 2022  |  Economy

Consumer spending climbed 1.1% in June with higher fuel and food costs amid 40-year record high inflation that is continuing to eat away at paychecks...

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New Study Finds 70% of US Consumers Cutting Back on Nonessential Retail Purchases
New Study Finds 70% of US Consumers Cutting Back on Nonessential Retail Purchases
July 29, 2022  |  Consumer Finance

With prices increasing at the fastest rate since 1981, Americans are feeling the pinch. PYMNTS’ data reveals that 86% of United States consumers believe they...

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