inflation

High-Income Paycheck-to-Paycheck Households Fare Better Despite Economic Pressure
High-Income Paycheck-to-Paycheck Households Fare Better Despite Economic Pressure
March 17, 2023  |  Economy

Not immune to macro headwinds materializing as inflated costs, reduced savings, and lower investment values, high-income consumers are making lifestyle changes as are others, while...

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Smaller Retailers Without Rewards Programs Risk Losing Inflation-Weary Customers 
Smaller Retailers Without Rewards Programs Risk Losing Inflation-Weary Customers 
March 17, 2023  |  Loyalty & Rewards

Everyone loves a bargain, but small- and medium-sized business (SMB) retailers have been pulling back from promotional codes and rewards recently. As noted in proprietary...

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Retailers Rethink Strategies as Consumer Spending Sinks
Retailers Rethink Strategies as Consumer Spending Sinks
March 16, 2023  |  Retail

January’s consumer spending numbers have turned out to be a temporary reprieve, as customers continue to cut back. The most recent Commerce Department spending numbers...

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Lulus Keeps Trying to Convince Shoppers It’s Not Fast Fashion  
Lulus Keeps Trying to Convince Shoppers It’s Not Fast Fashion  
March 16, 2023  |  Retail

Lulus is not fast fashion. But that’s not what most shoppers think.   Since its inception, the retailer has been clear about its focus on providing...

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As Consumers Spend Less on Big-Ticket Items, ‘Everyday’ Categories Face Pressure
As Consumers Spend Less on Big-Ticket Items, ‘Everyday’ Categories Face Pressure
March 15, 2023  |  Economy

First the big-ticket items. Then, consumers may throttle back on what they spend on … well, everything else. To that end, as reported on Wednesday...

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Restaurant Meals Take Over Grocery Stores as Diners Seek Convenience
Restaurant Meals Take Over Grocery Stores as Diners Seek Convenience
March 15, 2023  |  Restaurant innovation

With consumers increasingly seeking quick meal options, restaurants are making their way into the supermarket. In an interview with PYMNTS, Geoff Alexander, CEO of fast-casual...

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Consumer Spending Dips as Shoppers Prioritize Essentials
Consumer Spending Dips as Shoppers Prioritize Essentials
March 15, 2023  |  Economy

Spending among U.S. consumers fell last month as shoppers focused on their basic needs. Numbers released Wednesday (March 15) by the Commerce Department showed sales...

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Grocers Fight Back as More Grocery Spend Moves Online
Grocers Fight Back as More Grocery Spend Moves Online
March 14, 2023  |  Retail

February Consumer Price Index numbers demonstrate that grocers and consumers can’t catch a break. While inflation overall seems to be easing, with gasoline and major...

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Inflation Slows, But Not Enough to Give Paycheck-to-Paycheck Consumers Relief 
Inflation Slows, But Not Enough to Give Paycheck-to-Paycheck Consumers Relief 
March 14, 2023  |  Economy

Inflation’s torrid pace is cooling a bit. But not enough to give paycheck-to-paycheck consumers relief from the everyday pressures of keeping a roof over their...

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