inflation

Retail Sales Rose Slightly in April After 2 Months’ Decline
Retail Sales Rose Slightly in April After 2 Months’ Decline
May 16, 2023  |  Economy

U.S. retail sales climbed slightly in April following two months of decline. Figures from the Commerce Department released Tuesday (May 16) showed spending increasing a...

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Target Investors Worry About Earnings as Consumers Cut Back
Target Investors Worry About Earnings as Consumers Cut Back
May 14, 2023  |  Retail

As consumers cut spending, investors are reportedly worried Target’s next earnings will miss the mark. The retailer is set to release quarterly figures Wednesday (May 17), and...

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Will Consumers Pay $50 for Drugstore Brand Sunscreen?
Will Consumers Pay $50 for Drugstore Brand Sunscreen?
May 13, 2023  |  Retail

Inflation might be cooling but it hasn’t worn off yet, especially as consumers continue to purchase products that can essentially be dubbed “in demand.” Take...

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Consumer Sentiment Sours as Inflation Looks Set for the Long Haul
Consumer Sentiment Sours as Inflation Looks Set for the Long Haul
May 12, 2023  |  Economy

The University of Michigan’s consumer sentiment survey has notched its lowest level since the end of last year. The latest reading came in at 57.7, which was 9%...

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Auto Sales Slump Could Be a Crisis of the Sector’s Own Making
Auto Sales Slump Could Be a Crisis of the Sector’s Own Making
May 12, 2023  |  Retail

The Bureau of Labor Statistics (BLS) published a little-noticed piece last month analyzing the part auto dealers’ markups played in new car price tag inflation during...

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 ‘High Spenders’ May Seek Credit Card Alternatives as Balances Build 
 ‘High Spenders’ May Seek Credit Card Alternatives as Balances Build 
May 11, 2023  |  Payment Methods

Credit cards have been a lifeline in the current inflation-fueled economy. But for the consumers who have been using their credit cards to cover a...

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Consumers Pare Spending on Grocery and Retail Even as Inflation Slows
Consumers Pare Spending on Grocery and Retail Even as Inflation Slows
May 10, 2023  |  Consumer Insights

Inflation is slowing, but April’s data showed the damage has been done to consumers’ wallets. The Bureau of Labor Statistics found that the Consumer Price...

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Inflation Cools as Consumers Continue Cutbacks
Inflation Cools as Consumers Continue Cutbacks
May 10, 2023  |  Economy

Inflation continued slowing last month, good news for consumers as many of them curtailed spending. The Consumer Price Index (CPI) rose 0.4% in April, the...

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Toast Woos SMBs With Pricing Tools, Courts Major Chains With Data Analytics  
Toast Woos SMBs With Pricing Tools, Courts Major Chains With Data Analytics  
May 09, 2023  |  ResTech

As restaurant technology providers compete for eateries’ loyalty, small independents and major brands are looking for different capabilities and features, Toast noted on its latest...

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