Browsing: Consumer Spending
Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school purchases, even as President Donald…
Starbucks CEO Brian Niccol’s turnaround plan—and whether analysts think he’s earning his $100 million pay package
The world’s biggest coffee chain just completed its first trip around the sun under CEO Brian Niccol, the former Chipotle…
‘A different shock to the system’: De minimis tariff dodge ending means less purchasing power for Americans
The de minimis exemption—a tariff loophole that for years made millions of direct-to-consumer imports duty free—is gone, and its end…
Even McDonald’s CEO knows the fast-food giant is too expensive. Now he’s cutting prices to woo back cash-strapped consumers
McDonald’s has been struggling to hold on to its low-cost image. Now fast food’s largest brand is trying to fix…
Exclusive: MAHA is reshaping Amazon and other consumer packaged goods companies’ supply chains more than tariffs right now, manufacturing platform CEO says
U.S. consumer packaged goods (CPG) giants are racing to get ahead of President Donald Trump’s Make America Healthy Again movement.…
Wayfair CFO says sellers on the company’s $12 billion marketplace are trying to ‘insulate’ customers from tariffs
The home goods category has seen its share of twists and turns over the past five years: a pandemic-era boom…
Gen Z was growing obsessed with luxury watches. New tariffs on Switzerland could cool the expensive hobby
Gen Z’s fascination with luxury watches has been one of the more surprising consumer trends of the last few years.…
The mighty American consumer keeps shrugging off tariffs as retail sales rise 0.5% in July
Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, as they shrug off President Donald…
‘I am overwhelmed by the need to stay on top of where the deals are’: Back-to-school shopping turns into China tariff-dodging exercise
Feeling nostalgic for the days when going back to school meant picking out fresh notebooks, pencils and colored markers at a local…
The gap between higher and lower-income households is widening as inequality progress since pandemic has ‘gone into reverse,’ BofA economist says
America’s consumer economy showed renewed signs of strength in July, but the gains are not being shared equally. According to…












