inflation

Hershey Says Consumers See Chocolate as Affordable Luxury
Hershey Says Consumers See Chocolate as Affordable Luxury
February 02, 2023  |  Earnings

As consumers cut unnecessary food purchases, chocolate still makes the grade, thanks to comfort eating. On a call with analysts Thursday (Feb. 2) discussing the...

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Chili’s Pulls Back Coupons and Raises Prices Despite Consumer Trade-Down
Chili’s Pulls Back Coupons and Raises Prices Despite Consumer Trade-Down
February 01, 2023  |  Restaurant innovation

Chili’s is raising prices, counting on loyal customers to step up as price-sensitive diners withdraw. The casual dining giant’s parent company Brinker International shared Wednesday...

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DoorDash Steps Up Student Deals as Gen Z Cuts Back
DoorDash Steps Up Student Deals as Gen Z Cuts Back
February 01, 2023  |  Delivery

DoorDash, looking to secure the loyalty of Gen Z amid inflation, is adding more perks. The aggregator announced Wednesday (Feb. 1) a partnership with education...

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The Downside of the White House Credit Card Late Fee Cap
The Downside of the White House Credit Card Late Fee Cap
February 01, 2023  |  Regulation

The Biden administration’s targeting of credit card late fees may lead to unintended consequences. Among those consequences: Stifling consumers’ embrace of banks’ innovations designed to avoid...

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Luxury Bakeries Thrive as Consumers Cut Bigger-Ticket Indulgences
Luxury Bakeries Thrive as Consumers Cut Bigger-Ticket Indulgences
February 01, 2023  |  Economy

As consumers cut major expenses, many continue to spring for small luxuries like baked goods. Leslie Polizzotto, co-founder and owner of New York City doughnut...

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Mondelēz Says Food Inflation Getting Worse, Not Better
Mondelēz Says Food Inflation Getting Worse, Not Better
January 31, 2023  |  Retail

As CPG brands debate whether inflation is easing or intensifying, Mondelēz expects more challenges ahead. Snack and candy giant Mondelēz International, parent company of a wide...

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Grocers See Even High-Income Consumers Reining in Spending
Grocers See Even High-Income Consumers Reining in Spending
January 31, 2023  |  Retail

With consumers continuing to reel at food inflation, even upscale grocers are forced to adjust. Whole Foods Market, for instance, Amazon’s premium grocery retailer, recently...

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Bank Customers Want Advice on Best Way to Use Credit
Bank Customers Want Advice on Best Way to Use Credit
January 30, 2023  |  Consumer Finance

Card-issuing banks offering payment advice to clients may benefit from decreased delinquencies and higher long-term customer retention.  Data suggests that consumers are increasingly reaching for...

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Kroger Sees Brick-and-Mortar Shoppers Supplementing In-Store Experience with Digital Deals
Kroger Sees Brick-and-Mortar Shoppers Supplementing In-Store Experience with Digital Deals
January 30, 2023  |  Retail

Grocers can leverage digital to drive engagement even with grocery customers shopping in stores. In fact, many brick-and-mortar-only customers are turning to digital technologies to...

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