inflation

Target Tries to Shake Off ‘Pandemic Hangover’ as Sales Slump
Target Tries to Shake Off ‘Pandemic Hangover’ as Sales Slump
June 30, 2024  |  Retail

After seeing revenues surge during the pandemic, Target has been facing tough times. Get the Full Story Complete the form to unlock this article and...

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PCE Index Shows Cautious Consumers; Low Inflation Gives Hope for Rate Cut
PCE Index Shows Cautious Consumers; Low Inflation Gives Hope for Rate Cut
June 28, 2024  |  Economy

The consumer showed up with caution in May, but a low inflation rate added some fuel to the arguments for an interest rate cut. Those...

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Price Wars: Amazon and Walmart Escalate Race to the Bottom
Price Wars: Amazon and Walmart Escalate Race to the Bottom
June 28, 2024  |  Retail

This week in the ongoing battle between retail giants Amazon and Walmart, the two companies are upping their discounting efforts in an effort to secure...

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Consumer Spending Revised Lower as Paycheck-to-Paycheck Households Struggle
Consumer Spending Revised Lower as Paycheck-to-Paycheck Households Struggle
June 27, 2024  |  Economy

The third estimate of how gross domestic product (GDP) fared in the first quarter showed — at least in the headline number — there was...

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Consumers Are Tired of Merchant Surcharges and Tipflation
Consumers Are Tired of Merchant Surcharges and Tipflation
June 26, 2024  |  Economy

Merchant steering, which is a practice where retailers offer discounts to consumers if they use certain payment methods, could be getting eclipsed by surcharges and...

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Share of US Consumers Living Paycheck to Paycheck Hits Two-Year High
Share of US Consumers Living Paycheck to Paycheck Hits Two-Year High
June 24, 2024  |  Retail

Despite a robust economy, a significant portion of American consumers are grappling with financial challenges that affect their shopping habits in profound ways, and to...

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Restaurants Push Promotions as Diners Lose Appetite for High Prices
Restaurants Push Promotions as Diners Lose Appetite for High Prices
June 23, 2024  |  Retail

Consumers are spending less at restaurants as menu prices remain high.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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McDonald’s to Offer $5 Meal Deal as Consumers Seek Value
McDonald’s to Offer $5 Meal Deal as Consumers Seek Value
June 20, 2024  |  Retail

McDonald’s is preparing to roll out a $5 Meal Deal and other value-oriented offers. Get the Full Story Complete the form to unlock this article...

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Millennials Are Most Prepared to Trade Down to Private Label
Millennials Are Most Prepared to Trade Down to Private Label
June 20, 2024  |  Consumer Insights

As merchants step up their own-brand offerings, PYMNTS Intelligence research finds that across grocery and retail, millennials prove the most eager to find more affordable...

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