Consumer Spending

Halloween Has Retailers Scared as Consumers Trade Down
Halloween Has Retailers Scared as Consumers Trade Down
October 13, 2024  |  Retail

For American retailers, Halloween 2024 could end up being more trick than treat. As Bloomberg News reported Saturday (Oct. 12), Halloween consumption is expected to...

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Pickleball’s Rapid Expansion Gets Lobbed into the Digital World 
Pickleball’s Rapid Expansion Gets Lobbed into the Digital World 
October 12, 2024  |  The Weekender

Pickleball’s meteoric rise to popularity isn’t a solely physical-world phenomenon anymore. Now, the sport is getting kick-served into cyberspace. QVC — yes, the shopping network...

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Wells Fargo: Rate Cut Should Ease Pressure on Lower-Income Consumers
Wells Fargo: Rate Cut Should Ease Pressure on Lower-Income Consumers
October 11, 2024  |  Economy

Lower inflation and interest rates may give some relief to consumers who need it most, Wells Fargo CEO Charlie Scharf said Friday (Oct. 11). Speaking...

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U. Mich. Consumer Index Slips Amid Unexpected Frustration Over High Prices
U. Mich. Consumer Index Slips Amid Unexpected Frustration Over High Prices
October 11, 2024  |  Economy

Consumer sentiment inched down in early October amid continued frustration over the prices of goods and services. While it dipped a “meager” 1.7% or 1.2...

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JPMorgan CFO Says Consumer Spend Returning to ‘Normal’
JPMorgan CFO Says Consumer Spend Returning to ‘Normal’
October 11, 2024  |  Earnings

As 2024 draws to a close, and as evidenced by management remarks and data in the latest earnings results from JPMorgan Chase, posted on Friday...

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Luxury Retailers Merge and Partner Their Ways Through Economic Uncertainty
Luxury Retailers Merge and Partner Their Ways Through Economic Uncertainty
October 11, 2024  |  Retail

The luxury goods market is witnessing a notable trend toward strategic partnerships. Rather than retreating in the face of challenges, industry players are doubling down...

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43% of Gen Z Consumers Prefer Buying Direct From Brands
43% of Gen Z Consumers Prefer Buying Direct From Brands
October 11, 2024  |  Retail

As younger consumers reshape the retail landscape, their motivations, preferences, and behaviors provide invaluable insights for brands and retailers striving to stay ahead. A PYMNTS...

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Latest CPI Data Finds Consumers Literally Spend More Bread to Buy Bread
Latest CPI Data Finds Consumers Literally Spend More Bread to Buy Bread
October 10, 2024  |  Economy

In economics, there’s often a bifurcation when it comes to data — the difference between what the headlines tell us and what the wallet feels....

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Mass Market Retailers Cut Prices to Win Budget-Conscious Shoppers This Holiday Season
Mass Market Retailers Cut Prices to Win Budget-Conscious Shoppers This Holiday Season
October 10, 2024  |  Retail

As we approach the holiday season, mass merchants and dollar stores are unveiling a plethora of new deals designed to attract budget-conscious consumers grappling with...

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