As inflation continues to erode purchasing power, financially unstable consumers, squeezed by higher prices on everything from groceries to gasoline, are increasingly turning to discount and value-focused retailers. This trade-down behavior is providing a boost to companies such as Dollar General, Dollar Tree and The...
As retailers rethink their relationships with their customers looking to drive deeper loyalty and higher engagement, Sam’s Club is looking to its membership base to help guide the future of its Member’s Mark private-label brand. The Walmart-owned warehouse club chain announced Thursday (June 6) the...
As consumers prove more cautious about their discretionary retail spending, Best Buy is seeing shoppers hold off until sales events to make big purchases. On a call with analysts Thursday (May 30) discussing the retailer’s first-quarter fiscal 2025 earnings results, the consumer electronics retailer noted...
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 first quarter of the year, according to earnings released Thursday (May 30). Speaking during a call with analysts, CEO Michael...
July 11, 2023
As consumers adjust their spending in response to inflation, Carbone Fine Food is seeing middle-tier consumer packaged goods (CPG) get edged out by budget options while higher-end players continue to find their audience. In an interview with PYMNTS, Eric Skae, CEO of the brand, which is the CPG offshoot of famed New York City Italian restaurant Carbone, discussed […]
May 26, 2023
As ongoing macroeconomic challenges put pressure on consumers’ grocery shopping budgets, many are turning to lower-quality goods to save on cost, but few are willing to subject their pets to...
May 09, 2023
From retail items to groceries, the inflation monster has consumers looking for any lower-priced port in the storm, and that means finding merchants with pricing to match the purse. This...
May 30, 2024
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 first quarter of the year, according to earnings released Thursday (May 30). Speaking during a call with analysts, CEO Michael O’Sullivan said the uptick came as consumers from “all income […]
July 28, 2023
Consumers are generally not trading down to generic brands of everyday items, despite rising prices. Procter & Gamble — the maker of brands like Crest, Tide and Pampers — said Friday (July 28) during its quarterly earnings call...
February 02, 2023
Offering the right value proposition is drawing consumers to beauty products, according to e.l.f. Beauty. The brand reported in a Wednesday (Feb. 1) earnings release that it recorded 49% net...
December 29, 2022
Cautious consumer spending habits could mean fewer people ringing in 2023 with Champagne. After years of growth, sales of higher-priced wines and spirits have begun to slow, The Wall Street...
