inflation

Coca-Cola Says Europeans Buying Less as Americans Shop in Dollar Stores
Coca-Cola Says Europeans Buying Less as Americans Shop in Dollar Stores
February 14, 2023  |  Earnings

Around the world, consumers are dealing with inflation, but not all areas respond the same way. Beverage giant Coca-Cola shared on a call with analysts...

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Off-Price Retailer Tuesday Morning Files 2nd Bankruptcy in 2 Years
Off-Price Retailer Tuesday Morning Files 2nd Bankruptcy in 2 Years
February 14, 2023  |  Retail

Tuesday Morning filed for bankruptcy Tuesday (Feb. 14). The off-price retailer said in a Tuesday press release that it aims to reduce its “exceedingly burdensome”...

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IKEA Parent Ingka Says Promotional Strategy Will End
IKEA Parent Ingka Says Promotional Strategy Will End
February 14, 2023  |  Retail

Although IKEA’s recent experiments with promotional campaigns have boosted sales, the company is hoping such measures are temporary. “We are currently seeing growing visitor numbers...

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Consumer Confidence in Household Income Growth Plunges
Consumer Confidence in Household Income Growth Plunges
February 13, 2023  |  Economy

Consumers’ confidence in income growth took a hit in January. Their median expected growth in household income dropped by 1.3 percentage points — the largest...

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Walmart Pushes Customers to Private Labels as Suppliers Raise Prices
Walmart Pushes Customers to Private Labels as Suppliers Raise Prices
February 12, 2023  |  Walmart

Walmart is pitching its private-label goods to consumers as its suppliers continue to raise prices. With the cost of transportation, packing and raw materials all...

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Super Bowl Offers Grocers and Restaurants a Much Needed Buying Boost
Super Bowl Offers Grocers and Restaurants a Much Needed Buying Boost
February 11, 2023  |  Retail

This year, the Super Bowl will bring a surge of food spending despite overall belt-tightening. The event is a major occasion for food sales —...

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Dollar Stores Battle Walmart and Amazon for Grocery Spend
Dollar Stores Battle Walmart and Amazon for Grocery Spend
February 10, 2023  |  Retail

Budget-conscious consumers are eating at home — and Amazon and Walmart may cede grocery ground to the dollar stores. The key battles may be fought...

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As Inflation Rages, 0% Financing Turns Shoppers Into Buyers
As Inflation Rages, 0% Financing Turns Shoppers Into Buyers
February 10, 2023  |  Consumer Payments

Consumers are getting ready to battle inflation for the long haul — tapping every resource that’s available. Here’s one telltale sign: Valley Bank EVP and...

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Target Joins Grocers Wooing Gen Z With Wellness Offerings
Target Joins Grocers Wooing Gen Z With Wellness Offerings
February 09, 2023  |  Retail

This week in grocery, Target focuses on wellness, Reynolds sees trade-down and Flashfood expands. Big-box chain Target announced the expansion of its center-aisle wellness offerings...

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