inflation

Big Lots Focuses on ‘Extreme’ Bargains as Food Sales Dip
Big Lots Focuses on ‘Extreme’ Bargains as Food Sales Dip
November 30, 2023  |  Earnings

Big Lots says its quarterly earnings show the impact of a cautious consumer.  The discount retailer’s numbers, released Thursday (Nov. 30), showed comparable sales down 13.2%, as...

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Inflation Data Shows Traveling and Food Prices Rising
Inflation Data Shows Traveling and Food Prices Rising
November 30, 2023  |  Economy

The latest data on personal spending matched expectations. And the parlor game as to whether the Fed will pause or even cut interest rates continues....

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Decreased Consumer Savings Mean Holiday Spending Cutbacks
Decreased Consumer Savings Mean Holiday Spending Cutbacks
November 30, 2023  |  Consumer Finance

Despite positive Black Friday numbers, where consumers stretched their budgets to do some shopping, data suggests that the rest of the holiday shopping season may be...

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Family Dollar Sales Challenged Amid ‘Notable’ Spending Pullback
Family Dollar Sales Challenged Amid ‘Notable’ Spending Pullback
November 29, 2023  |  Earnings

Family Dollar’s parent company is evaluating the chain following a decline in spending among lower-income shoppers. Dollar Tree CEO Rick Dreiling made that announcement Wednesday (Nov. 29) after the company’s...

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Q3 GDP Is Strong but Real Disposable Income Lags Spending Growth
Q3 GDP Is Strong but Real Disposable Income Lags Spending Growth
November 29, 2023  |  Economy

The latest report from the Bureau of Economic Analysis, released on Wednesday (Nov. 29), noted the U.S. economy grew 5.2% annualized, as measured in the...

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Black Friday Sees Spending Surge Despite Inflation
Black Friday Sees Spending Surge Despite Inflation
November 28, 2023  |  Consumer Insights

Despite inflationary pressures and all the voices warning that this year’s Black Friday was going to be one of restraint, nearly 8.6% more consumers say...

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Consumers Show Improved Confidence in November but Fear Recession
Consumers Show Improved Confidence in November but Fear Recession
November 28, 2023  |  Consumer Insights

The latest data from The Conference Board showed that consumer confidence rebounded a bit in November. The question remains as to how long, or whether,...

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Cyber Monday Spending Projected to Reach Record $12 Billion
Cyber Monday Spending Projected to Reach Record $12 Billion
November 28, 2023  |  Retail

This year’s Cyber Monday spending is projected to top $12 billion as consumers seek deals. That spending amount — a record — marks a 9.7%...

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Restaurants Add New Fees to Drive Employee Retention Amid Inflation
Restaurants Add New Fees to Drive Employee Retention Amid Inflation
November 28, 2023  |  Restaurant innovation

As restaurants look for ways to drive employee satisfaction amid inflation, tips are not the only added payments that operators are leveraging. In an interview...

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