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Consumers are spending less. Where's that economic slowdown? - Marketplace
Marketplace· 1 day agoThis economy is taking baby steps, slowing down enough for inflation to hit the Fed’s target....
Furniture and electricals among price cuts as retailers hope to ‘revive’ demand
PA Media: Money via Yahoo Finance· 5 days agoMike Watkins, head of retailer and business insight for NielsenIQ, said: “Across the industry,...
Amazon, Walmart, and Big Retail’s race to cut prices
Quartz· 3 days agoAmazon, Walmart, Target, and others are all duking it out with discount deals — and with each markdown, they hope their bargain will be the one to win...
US consumer confidence rises in May after three months of declines
Fort Wayne Journal Gazette· 4 days agoConsumer confidence in the U.S. rose in May after three months of declines, but Americans remain...
The Weekly Closeout: Best Buy sales fall 6.5% and Sierra hits 100 stores
Retail Dive via Yahoo Finance· 2 days agoWhat you may have missed Best Buy revenue dogged by consumer sentiment Best Buy reported Thursday...
The Dow drops almost 400 points as consumer sentiment and GDP stay sluggish
Quartz· 3 days agoThe Dow continued to decline on Thursday as a rough holiday-shortened trading week continued. The...
German retailer Otto reports losses for second year in a row
dpa international via Yahoo Finance· 4 days agoGerman retailer the Otto Group reported financial losses for the second year in a row on Wednesday,...
Chewy: Consumers Starting to Adopt Pets Again After Inflation Pullback
PYMNTS.com· 3 days agoWith pets proving to be a financial strain for many consumers, Chewy has been seeing them hold off...
Major restaurant chains are cutting menu prices due to high food costs, decrease in consumer demand
Salon via Yahoo Finance· 5 days agoKempczinski reiterated similar sentiments in April, during the company’s first-quarter earnings...
Best Buy set for tenth straight quarter of sales drop on weak electronics spending
Reuters· 4 days ago, opens new tab is set to post its tenth consecutive quarter of sales decline on Thursday when the...