Browsing: Consumer Spending
Walmart stock tumbles on lower 2025 guidance given ‘uncertain times’ in the economy: ‘We don’t want to get out over our skis here’
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”We start 2025 confident that our strategy is working, and determined to keep building this ever-stronger Currys to the benefit…
China’s youth are draining vigor from consumption as a result of deep job losses, a marked contrast with older people’s…
Black Friday sales grew at a faster pace in the US this year, underscoring that choosy consumers are still opening…
The strange psychology of retirement income: Why spending money feels riskier after years of saving
The narrative of a miserly, Scrooge-like figure hoarding his wealth for years instead of enjoying his retirement might seem unbelievable—but…
50 million people have stopped buying luxury brands like Dior and Burberry after ‘broken promises’ to customers
Nothing gold can stay. Despite years of strong performance, the market for personal luxury goods is set to slow down…
Each Cava location is worth a whopping $33 million. Its CEO explains how the Chipotle competitor is achieving explosive growth
The 52-year-old CEO and co-founder has watched Cava, the cult-classic Mediterranean fast-casual spot, skyrocket. Since its IPO last summer, the…
Red Lobster’s new CEO said the seafood chain’s endless shrimp offering caused an all-you-can-eat chaos
Red Lobster has had a fishy few months. In May, the seafood chain filed for bankruptcy after more than 50…
When Mykail James was 19 and working a holiday job at Victoria’s Secret, she took out a store credit card…
Boomers are subsidizing Gen Z and millennial spending habits, ‘Oracle of Wall Street’ says
Baby boomer parents are handing over money to their Gen Z and millennial children, allowing them to fuel strong consumer…












