consumer sentiment

Gen Z Gives TJX a Sales Bump as TikTok Trend Goes Viral 
Gen Z Gives TJX a Sales Bump as TikTok Trend Goes Viral 
August 17, 2023  |  Earnings

As prices rise, consumers have found themselves grappling with the dilemma of spending in the face of uncertainty. This has led to a shift in...

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Predictions That Student Loans Would Impact Target’s Earnings May Have Hit the Bull’s-Eye
Predictions That Student Loans Would Impact Target’s Earnings May Have Hit the Bull’s-Eye
August 16, 2023  |  Loans

The retailer’s strategy of appealing to millennials may be backfiring as the generation prepares to lose spending power to student loan repayments.   Once again, consumer...

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Fed: Consumer Sentiment Up as Inflation Expectations Decrease
Fed: Consumer Sentiment Up as Inflation Expectations Decrease
August 14, 2023  |  Economy

Consumer sentiment is improving overall, with decreased expectations of inflation. According to the July 2023 Survey of Consumer Expectations released by the Federal Reserve Bank of New York’s Center...

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Prime Day 2023: US Consumers Spend $6.4 Billion in First 24 Hours 
Prime Day 2023: US Consumers Spend $6.4 Billion in First 24 Hours 
July 12, 2023  |  Amazon

Within the first 24 hours of Amazon’s Prime Day event, U.S. consumers spent $6.4 billion online, according to Adobe.  Despite a 6% increase year over...

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Walgreens Woos Cautious Consumers With ‘MyW Days’
Walgreens Woos Cautious Consumers With ‘MyW Days’
July 10, 2023  |  Retail

As consumers struggle with high prices, Walgreens is working to woo its loyalty program members. The pharmacy chain on Monday (July 10) announced “myW Days,” a weeklong event...

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Consumer Sentiment May Be Up, But It’s Still Below Pre-Pandemic Levels
Consumer Sentiment May Be Up, But It’s Still Below Pre-Pandemic Levels
June 28, 2023  |  Consumer Insights

One data point does not a trend make. And when it comes to consumer sentiment, you’d be remiss in thinking that things are — over...

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Jobs Numbers Paint Mixed Picture of US Economic Health
Jobs Numbers Paint Mixed Picture of US Economic Health
June 12, 2023  |  Economy

A strong labor market may be softening, confirming consumer hesitancy in returning to previous spending patterns.  Department of Labor figures released Thursday (June 8) noted increased...

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Debt Ceiling Battle Triggers Slide in Consumer Sentiment 
Debt Ceiling Battle Triggers Slide in Consumer Sentiment 
May 28, 2023  |  Consumer Insights

The debt ceiling deal didn’t happen soon enough to prevent a decline in consumer confidence. While President Joe Biden announced Sunday (May 28) an agreement on...

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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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