inflation

Retail Sales Top Estimates, but Key Discretionary Spending Declines
Retail Sales Top Estimates, but Key Discretionary Spending Declines
August 15, 2023  |  Economy

Retail sales keep on chugging along. To that end, the data released Tuesday (Aug. 15) by the Commerce Department showed that consumer spending, overall, remained...

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Groceries a Focal Point for Walmart and Target Earnings for Different Reasons
Groceries a Focal Point for Walmart and Target Earnings for Different Reasons
August 14, 2023  |  Earnings

Earnings season is ending, but there remains a final wave of reports from retail behemoths to be parsed. We’ll see financial results from Target Wednesday (Aug. 16)...

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Amazon Adds Whole Foods Private Label to Marketplace Despite Overall Cutbacks
Amazon Adds Whole Foods Private Label to Marketplace Despite Overall Cutbacks
August 14, 2023  |  Retail

Amazon may be cutting back on its private-label offerings overall, but it seems that, when it comes to grocery brands, the eCommerce giant may just...

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Fed: Consumer Sentiment Up as Inflation Expectations Decrease
Fed: Consumer Sentiment Up as Inflation Expectations Decrease
August 14, 2023  |  Economy

Consumer sentiment is improving overall, with decreased expectations of inflation. According to the July 2023 Survey of Consumer Expectations released by the Federal Reserve Bank of New York’s Center...

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82% of Consumers Worry About Prices Despite Inflation Relief
82% of Consumers Worry About Prices Despite Inflation Relief
August 14, 2023  |  Economy

The price of essentials may be rising at a slower pace than last year, but consumers remain cautious. Inflation for everyday items is nearing price rise...

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Utz Sees Private-Label Competition Continue Amid Consumers’ Ongoing Inflation Concerns
Utz Sees Private-Label Competition Continue Amid Consumers’ Ongoing Inflation Concerns
August 11, 2023  |  Earnings

Year-over-year grocery inflation may have slowed from its peak, but name brands continue to face competition from lower-priced private-label options, according to snacking giant Utz....

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Consumer Sentiment Dips From July’s Levels and Retailers May Face Pressure at the Register
Consumer Sentiment Dips From July’s Levels and Retailers May Face Pressure at the Register
August 11, 2023  |  Consumer Insights

U.S. consumers are slightly less optimistic about the economy this month, following two straight months of growing confidence. The preliminary data and index measuring consumer sentiment released...

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LendingClub: Paycheck-to-Paycheck Lifestyle Is Cash-Strapped Americans’ New Norm
LendingClub: Paycheck-to-Paycheck Lifestyle Is Cash-Strapped Americans’ New Norm
August 11, 2023  |  Economy

Increasing costs on everyday items such as groceries, utilities and insurance continue to strain household budgets across the United States. More than 60% of Americans were living paycheck...

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Overall Inflation May Be Steady, but Food Prices Tick Up Again
Overall Inflation May Be Steady, but Food Prices Tick Up Again
August 10, 2023  |  Economy

July’s consumer-price index (CPI) showed inflation rising, overall, at a relatively steady pace. But in the devil’s in the details, as they say, and the...

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