inflation

STR, Tourism Economics Say Cost of Living Impacts Hotel Performance
STR, Tourism Economics Say Cost of Living Impacts Hotel Performance
June 03, 2024  |  Travel Payments

The hotel industry’s performance is being impacted by reduced travel volume caused by the rising cost of goods and services. So said STR, a provider...

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Father’s Day Spending Projected to Slide as Consumers Cut Back
Father’s Day Spending Projected to Slide as Consumers Cut Back
June 03, 2024  |  Retail

As with Mother’s Day last month, consumers have a little less to spend on Dad for Father’s Day this year. Last year saw Americans spend record...

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Consumers Are Fed Up With Tipping and Take to Social Media to Prove It
Consumers Are Fed Up With Tipping and Take to Social Media to Prove It
June 03, 2024  |  Economy

Social media offers a running commentary on consumer sentiment and serves as a barometer of backlash. It may be the case that tiplflation is pushing...

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Will April’s Dip in Food Prices Give Paycheck-to-Paycheck Consumers a Break?
Will April’s Dip in Food Prices Give Paycheck-to-Paycheck Consumers a Break?
May 31, 2024  |  Economy

Inflation’s heady pace may have slowed a bit, but one wonders if a slight decline in food prices will be enough to make the paycheck-to-paycheck...

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Kohl’s Promotes Value to Middle-Income Consumers Buffeted by Inflation
Kohl’s Promotes Value to Middle-Income Consumers Buffeted by Inflation
May 30, 2024  |  Earnings

Kohl’s is looking to boost its sagging sales by promoting value to consumers who have been buffeted by high interest rates and inflation. During the...

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Burlington: Sales Climb 11% as ‘All Income Groups’ Feel Pressure
Burlington: Sales Climb 11% as ‘All Income Groups’ Feel Pressure
May 30, 2024  |  Earnings

Cost-conscious customers from all income levels are helping drive sales at Burlington Stores. The off-price retailer saw its total sales increase by 11% during the...

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Chewy: Consumers Starting to Adopt Pets Again After Inflation Pullback
Chewy: Consumers Starting to Adopt Pets Again After Inflation Pullback
May 29, 2024  |  Retail

With pets proving to be a financial strain for many consumers, Chewy has been seeing them hold off on adopting new pets until inflation eases...

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Consumer Confidence Climbs Despite Grocery Costs Pressuring Americans
Consumer Confidence Climbs Despite Grocery Costs Pressuring Americans
May 28, 2024  |  Consumer Insights

Consumer confidence crept up in May, as grocery and job worries continue to weigh on Americans. That’s according to the latest installment of the Conference...

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Memorial Day Kicks Off Summer of the US Consumer
Memorial Day Kicks Off Summer of the US Consumer
May 27, 2024  |  Economy

In 1967, it was the Summer of Love. In 2020, it was the summer of COVID-19. When summer 2024 goes in the books — from...

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