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The low-end consumer ‘is really being stretched,' says Five Below CEO
NBC Bay Area· 7 days agoLower-income U.S. consumers are feeling stretched with their spending, Five Below CEO Joel Anderson...
Big Lots: Shoppers Are Holding off on Big-Ticket Discretionary Purchases
PYMNTS.com· 7 days ago“The consumer environment softened in the first quarter, as both consumer confidence and sentiment...
Fed keeps benchmark rate unchanged as auto dealers call interest rates an issue
Automotive News· 15 hours agoThe first quarter of 2023 saw the federal funds rate target of 4.25 to 4.5 percent until February, when the Fed raised the benchmark to 4.5 to 4.75 percent. Interest rates ...
Consumers Splurge on Specialty Fashion Brands Amid Inflation
PYMNTS.com· 3 days agoPer a recent Reuters report, data from credit card transactions reveals a trend where shoppers are...
Who Should We Believe?
Forbes· 1 day agoAccording to the government bean-counters, the economy is doing well. The University of Michigan’s Index of Consumer Sentiment was as high as 88 in April ...
Carter's (CRI) Gains From Robust Strategies Amid Inflation Woes
Zacks via Yahoo Finance· 17 hours agoCarter's (CRI) pricing strategy, efficient inventory management and enhanced product offerings have...
TSX gains as bank acquisition, U.S. CPI data lift sentiment
Reuters via Yahoo News· 22 hours agoReal estate was up 1% and technology ended 1.4% higher. The price of oil settled 0.8% higher at...
One-Fifth of Secondhand Shoppers Bought Pre-Owned Furniture Last Year
PYMNTS.com· 7 days agoFor the “Consumers Shop Secondhand Stores as Often as Other Retail” installment of the “Consumer...
Tommy Bahama maker says shoppers are still ‘more cautious than originally anticipated,’ but cites...
Market Watch· 13 hours agoChief Executive Tom Chubb said in a statement that despite relatively upbeat economic data, they...
Stock Bull Run Breaks Record on Fed Decision Day: Markets Wrap
Bloomberg via Yahoo Finance· 11 hours agoConvicted. His Dad’s Reaction Was Remarkable.Apple to ‘Pay’ OpenAI for ChatGPT Through Distribution,...