As prices rise, consumers have found themselves grappling with the dilemma of spending in the face of uncertainty. This has led to a shift in...
The retailer’s strategy of appealing to millennials may be backfiring as the generation prepares to lose spending power to student loan repayments. Once again, consumer...
Aldi is taking advantage of the current inflationary environment to supercharge its growth, buying up grocers and expanding its footprint. On Wednesday (Aug. 16), the...
German grocery giant Aldi is set to purchase a pair of U.S. supermarket chains. The company announced Wednesday (Aug. 16) it would acquire Winn-Dixie and...
With Chili’s seeing its customers pull back amid continued restaurant inflation, the chain is taking its virtual brand into the physical world to draw customers into stores....
Rising interest rates mean increased borrowing costs. For potential homebuyers, this translates to decreased purchasing power, effectively putting the brakes on their homeownership aspirations. The...
Restaurant purchases have ebbed to their lowest levels in over a year as food prices continue to climb. Research carried out for PYMNTS’ “Connected Dining” report noted...
The world had fewer millionaires at the end of 2022 than at the beginning. That’s according to a report issued Tuesday (Aug. 15) by UBS and Credit Suisse showing that global...
In the face of ongoing macroeconomic pressures, many consumers are holding off on making major eCommerce purchases until holiday sales events, according to Monos CEO Victor Tam. In...