inflation

Student Loan Repayments May Hit Gen X Pocketbooks the Hardest
Student Loan Repayments May Hit Gen X Pocketbooks the Hardest
June 07, 2023  |  Debt

Gen X has been walking a difficult financial tightrope over the past few years, and double debt duty may be leaving “The Forgotten Generation” in...

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Campbell Sees Inflation Sending Grocery Shoppers to the Center Aisles
Campbell Sees Inflation Sending Grocery Shoppers to the Center Aisles
June 07, 2023  |  Earnings

As consumers look for ways to manage their grocery budgets amid continued inflation, Campbell Soup Company is seeing consumers shift away from fresh, perishable foods...

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Trouble Brews for Starbucks Competitors With Shift to at-Home Coffee
Trouble Brews for Starbucks Competitors With Shift to at-Home Coffee
June 07, 2023  |  Earnings

As consumers are increasingly having their morning cup of joe at home, according to The J.M. Smucker Company, major coffeehouse chains — especially those without the...

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Most Consumers Now Only Carry Cash Out of Habit
Most Consumers Now Only Carry Cash Out of Habit
June 07, 2023  |  Consumer Payments

Inflation may be on a downward trajectory, but consumers do not think so, as perception affects their spending behaviors, prompting them to rethink how they...

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Customers Still Tip for Restaurant Meals — or Don’t Eat Out at All
Customers Still Tip for Restaurant Meals — or Don’t Eat Out at All
June 06, 2023  |  Consumer Insights

Consumers may be pressured to reduce tips in this tight economic environment, but data shows they overwhelmingly do not skip tipping, regardless of age, income...

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Cracker Barrel Sees Inflation-Concerned Consumers Pulling Back on Full-Service Restaurants
Cracker Barrel Sees Inflation-Concerned Consumers Pulling Back on Full-Service Restaurants
June 06, 2023  |  Restaurant Roundup

As restaurant inflation rises, Cracker Barrel is seeing consumers dining out less frequently, even as they order as much as ever each visit. The Tennessee-based...

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Grocers Cut Prices Globally as Discount Retailers Gain Share
Grocers Cut Prices Globally as Discount Retailers Gain Share
June 02, 2023  |  Retail

Forced to choose between protecting their margins and losing more share to discount retailers, grocery chains worldwide are slashing prices to remain competitive. In the...

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Lingering Office Closures Hit Hard for Times Square Small Businesses
Lingering Office Closures Hit Hard for Times Square Small Businesses
June 02, 2023  |  SMBs

Small businesses in Times Square are reportedly struggling in the post-pandemic environment. While crowds have returned to the New York City neighborhood, they are smaller than they...

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Macy’s Navigates Weak Consumer Demand, Continues Deep Discounts
Macy’s Navigates Weak Consumer Demand, Continues Deep Discounts
June 01, 2023  |  Retail

Earlier, PYMNTS reported that the summer of markdowns is here as Macy’s (along with Dollar General) struggled with declining consumer demand. The retailer has now...

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