inflation

Unilever Says Inflation Past Peak as Sales Climb
Unilever Says Inflation Past Peak as Sales Climb
July 25, 2023  |  Earnings

Consumer packaged goods giant Unilever believes inflation has reached its peak. The company’s finance chief made that observation Tuesday (July 25) as Unilever reported its quarterly earnings, which...

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Why the Fed Underestimates the Pressures of the Paycheck-to-Paycheck Economy
Why the Fed Underestimates the Pressures of the Paycheck-to-Paycheck Economy
July 25, 2023  |  Consumer Finance

Amber Carroll, senior vice president of membership and lifecycle strategy at LendingClub, told PYMNTS that the Federal Reserve’s long-quoted stat on financial well-being could use...

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Grocery Shrinkflation Adds to Shopper Frustration
Grocery Shrinkflation Adds to Shopper Frustration
July 24, 2023  |  Economy

As food prices rise, many consumer-packaged goods (CPG) brands seem to be reducing the amount of product per package, and consumers are taking note. In...

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Rising Use of Amex Cards Shows Credit Appeals to Savvy Younger Consumers
Rising Use of Amex Cards Shows Credit Appeals to Savvy Younger Consumers
July 21, 2023  |  Payment Methods

Younger consumers — Gen Z and millennials among them — boosted American Express’ results, as disclosed on Friday (July 21). But beyond the confines of...

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Grocers Struggle to Compete With Mega-Retailers Amid Inflation
Grocers Struggle to Compete With Mega-Retailers Amid Inflation
July 21, 2023  |  Retail

As food inflation continues indefinitely, grocery shoppers continue to seek savings, abandoning previous favorite brands and retailers in favor of the best deals. Amid these...

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Can eGrocery’s Profitability Challenges Be Fixed With AI Procurement?
Can eGrocery’s Profitability Challenges Be Fixed With AI Procurement?
July 21, 2023  |  artificial intelligence

As grocers struggle to make their eCommerce businesses as profitable as brick-and-mortar channels, artificial intelligence (AI) can help close the gap. In an interview with...

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UK Retail Sales Rise 0.7% Amid Good Weather and Sales
UK Retail Sales Rise 0.7% Amid Good Weather and Sales
July 21, 2023  |  Retail

British consumers’ purchases rose by 0.7% in June after increasing just 0.1% in May. Month-over-month retail sales volumes in the United Kingdom increased across all...

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Toast Reverses Course on $0.99 Consumer Fee Following Restaurant Outcry
Toast Reverses Course on $0.99 Consumer Fee Following Restaurant Outcry
July 19, 2023  |  ResTech

Well, that was quick — less than a month after sharing that it would add a $0.99 fee for consumers on online orders of $10...

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Treasury Management in Spotlight as CFO Roles Evolve Alongside Business Strategies
Treasury Management in Spotlight as CFO Roles Evolve Alongside Business Strategies
July 19, 2023  |  CFO

No one disagrees that a firm’s finance, accounting and treasury operations are all very important. But it is during a bad economy that they can...

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