Recent challenges in key markets, particularly China and the Middle East, have significantly impacted sales for major corporations like Procter & Gamble, which reported a 1% decline in first-quarter net sales, to $21.7 billion, reflecting the effects of a sluggish Chinese economy and ongoing geopolitical tensions...
Aldi’s latest expansion efforts have it literally in Walmart and Target’s backyards. That’s according to a report Thursday (Oct. 17) by Supermarket News, which notes that one of the German discount grocer’s latest store openings is happening in the same Florida parking lot as a Target store, and across the street from...
Discounted drinks are reportedly becoming rarer under the leadership of Starbucks’ new CEO. Brian Niccol became chief executive in August, and the company has since scaled back the array of discounts it has been offering in the last year, The Wall Street Journal (WSJ) reported Monday (Oct. 14), citing interviews...
The Producer Price Index (PPI) was unchanged in September after rising 0.2% in August. The PPI, which measures wholesale prices, saw a 0.2% increase in the index for final demand services offset a 0.2% decline in prices for final demand goods, the Bureau of Labor...
October 24, 2024
The Federal Reserve’s Beige Book — released eight times a year, with the latest report debuting Wednesday (Oct. 23) afternoon — offers up a qualitative take on the state of the U.S. economy, spanning 12 districts nationwide. And this time around, amid the puts and takes, the general consensus among banks and businesses is that […]
May 17, 2024
Amazon and Walmart may be setting their sights on high-income consumers, but as the two retail giants compete for shoppers’ spending, they are working hard not to lose their lower-income...
January 10, 2024
Once seen as a symbol of luxury and style, True Religion soared to fame in the early 2000s with its unique horseshoe logo and fancy stitching on back pockets. Loved...
September 28, 2023
Consumers are increasingly prioritizing convenience when making shopping decisions, leading to the rise of the “one-stop shop” concept. Retailers aspire to offer a comprehensive array of products and services, consolidating...
October 17, 2024
Aldi’s latest expansion efforts have it literally in Walmart and Target’s backyards. That’s according to a report Thursday (Oct. 17) by Supermarket News, which notes that one of the German discount grocer’s latest store openings is happening in the same Florida parking lot as a Target store, and across the street from a Walmart Supercenter. It’s one of four new Aldi locations […]
October 14, 2024
Discounted drinks are reportedly becoming rarer under the leadership of Starbucks’ new CEO. Brian Niccol became chief executive in August, and the company has since scaled back the array of discounts it has...
October 11, 2024
The Producer Price Index (PPI) was unchanged in September after rising 0.2% in August. The PPI, which measures wholesale prices, saw a 0.2% increase in the index for final demand...
September 23, 2024
September has seen prices rise at the fastest rate in six months, S&P Global said Monday (Sept. 23), attributing it to increasing input cost growth. Wage growth in the service...
