Browsing: Consumers
U.S. consumers and businesses alike have turned cautious on spending this year because of elevated inflation and interest rates, according…
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Japanese consumer confidence and Australian inflation…
Porsche unveiled the first hybrid version of its most famous sports car, the 911, on Tuesday, a move that could…
High inflation is subsiding, but many Americans have yet to see relief from elevated prices at the grocery store.”Grocery prices…
Target on Wednesday posted a year-over-year sales decline and missed Wall Street’s earnings estimates, as consumers fatigued from high prices…
Lowe’s topped Wall Street’s quarterly earnings and revenue expectations on Tuesday, even as do-it-yourself customers bought fewer pricey items.The home…
Americans are kicking the can down the road on some more-costly, traditionally financed purchases as elevated inflation and interest rates…
By Sinéad Carew and Sruthi Shankar(Reuters) – U.S. stock indexes were a mixed bag on Monday, with the staying shy…
Retailers are feeling jittery. Consumers aren’t shopping like they used to. In a game of chicken between stores and shoppers,…