Browsing: Consumer Spending
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…
Affirm Holdings Inc. is seeing increased interest from retailers to subsidize US consumer borrowing ahead of the holiday season, as…
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal…
Citi CFO predicts 20% rise in investment banking fees, says consumer spending is shifting
Credit losses are rising as US consumers shift spending to basic needs and away from purchases that aren’t vital, according…
Shoppers are so scarred by inflation they’ve cemented new habits to save money—and discount retailers are the big winners
Walmart and Target shoppers are no longer lingering between aisles, looking wistfully at a bag of chips before placing it…
Rich people are going to Walmart more—and they’re a key reason for the company’s recent success
Pinching pennies isn’t just for cash-strapped shoppers. More affluent consumers are looking to save money, and they’ve been a key…
Walmart’s shopper surge last quarter should boost retailer’s profits for the rest of the year
Rumors of shoppers pulling back on spending have been beaten back, with Walmart on Thursday proved that it remains a…
Elizabeth Warren just accused Kroger of price gouging as ‘families struggle to pay to put food on the table’
Elizabeth Warren is targeting one of the biggest supermarket chains in the U.S. over potential price-gouging. In a recent letter,…












