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Consumer Spending

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Andy Jassy
RetailAndy Jassy sums it up for corporate America: ‘Customers are shopping, but remain cautious’
By Alex Vuocolo, Retail Brew and Morning BrewMay 3, 2024
How the baby boomer ‘wealth effect’ is driving inflation: it’s ‘the richest retiring generation we’ve ever had’
Personal FinanceHow the baby boomer ‘wealth effect’ is driving inflation: it’s ‘the richest retiring generation we’ve ever had’
By Christopher Rugaber and The Associated PressApril 29, 2024
Timberwolf snarling
FinanceThe U.S. economy is actually a ‘wolf in sheep’s clothing’ as the weak GDP report masks underlying strength, Wells Fargo says
By Jason MaApril 28, 2024
High interest rates catch up to economic growth as GDP slows dramatically to 1.6%
FinanceHigh interest rates catch up to economic growth as GDP slows dramatically to 1.6%
By Paul Wiseman and The Associated PressApril 25, 2024
people walking on a busy street outside a Sephora store
LifestyleUnilever and LVMH have one common bright spot—people love spending on beauty, and it’s outshining their other products
By Prarthana PrakashApril 25, 2024
Female shopper at a shelf
FinanceShoppers defying ‘vibecession’ sent retail sales shooting up in March
By Anne D'Innocenzio and The Associated PressApril 15, 2024
Female shopper in frozen aisle
FinanceConsumers are getting more pessimistic as inflation refuses to fall
By Christopher Rugaber and The Associated PressApril 12, 2024
The top picks of the Easter egg market ranging from Selfridges to the Yorkshire tea room – only if you’re willing to splurge
RetailThe top picks of the Easter egg market ranging from Selfridges to the Yorkshire tea room – only if you’re willing to splurge
By Helen Chandler-Wilde and BloombergMarch 22, 2024
people shopping at a luxury store
RetailGucci and Saint Laurent owner Kering follows Burberry in issuing a rare profit warning as luxury sales in Asia stall
By Prarthana PrakashMarch 20, 2024
Young woman leaning on a desk
SuccessMillennial women, congratulations—you’re the economy’s new power players
By Eleanor PringleMarch 18, 2024
The economy was just hit with a one-two punch of bad data
FinanceThe economy was just hit with a one-two punch of bad data
By Will DanielMarch 14, 2024
China’s wobbly economy is pushing shoppers to trade down from L’Oreal and Starbucks to Uniqlo and KFC
FinanceChina’s wobbly economy is pushing shoppers to trade down from L’Oreal and Starbucks to Uniqlo and KFC
By Ishika Mookerjee and BloombergFebruary 28, 2024
Stuart Dryden
Finance‘Consumers are more powerful than President Biden’: The war on greedflation is being won one private-label brand at a time
By Christopher Rugaber and The Associated PressFebruary 25, 2024
Nestle made big gains when high inflation gave it a reason to charge consumers more. But as prices level, the Nespresso maker says growth is set to cool
RetailNestle made big gains when high inflation gave it a reason to charge consumers more. But as prices level, the Nespresso maker says growth is set to cool
By Dasha Afanasieva and BloombergFebruary 22, 2024
A shopper checks out at a Walmart store in Secaucus, N.J.
RetailWalmart sales are up, but it’s flashing a warning sign about buying habits
By Marco Quiroz-GutierrezFebruary 20, 2024
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