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87-year-old retail grocery giant closes a dozen stores across 7 states

87-year-old retail grocery giant closes a dozen stores across 7 states

The reason buying a phone, paying for Netflix, or a car feels normal while buying a dozen eggs feels like a crunch is that digital tech and entertainment have become optimized utility bills. They are flat and predictable. The official Bureau of Labor Statistics (BLS) numbers help us better ...

U.S. Consumers Shift Spending Habits Amid Economic Pressures

U.S. Consumers Shift Spending Habits Amid Economic Pressures

U.S. Consumers Shift Spending Habits Amid Economic Pressures

Dollar Tree raises annual profit forecast on steady demand

Dollar Tree raises annual profit forecast on steady demand

May 28 (Reuters) - Dollar Tree raised its annual profit forecast on Thursday, buoyed by resilient demand for affordable essentials from budget‑conscious shoppers and its efforts to offset higher costs, sending its shares up about 12% in premarket trading.

BLK Offers Free Gas Gift Cards to Alleviate Dating Costs Amid Rising Prices

BLK Offers Free Gas Gift Cards to Alleviate Dating Costs Amid Rising Prices

BLK Offers Free Gas Gift Cards to Alleviate Dating Costs Amid Rising Prices

US Households Face Rising Monthly Bills Amid Economic Pressures

US Households Face Rising Monthly Bills Amid Economic Pressures

US Households Face Rising Monthly Bills Amid Economic Pressures

Costlier flights, hotels divide US summer travel into haves and have-nots

Costlier flights, hotels divide US summer travel into haves and have-nots

By Doyinsola Oladipo NEW YORK, May 28 (Reuters) - Rising airfares and hotel rates are making budget-conscious Americans delay or cancel summer trips while wealthy travelers are holding fast to vacation plans despite higher prices.

Baby Boomers' Spending Habits Drive US Economic Growth

Baby Boomers' Spending Habits Drive US Economic Growth

Baby Boomers' Spending Habits Drive US Economic Growth

Rising Gas Prices Erode Purchasing Power of Middle-Income Americans in April

Rising Gas Prices Erode Purchasing Power of Middle-Income Americans in April

Rising Gas Prices Erode Purchasing Power of Middle-Income Americans in April

Ross Stores CEO doubles down on change that tests shopper loyalty

Ross Stores CEO doubles down on change that tests shopper loyalty

Ross Stores is planning an in-store change that may deter shoppers.

Walmart CEO issues blunt message on rising fuel prices

Walmart CEO issues blunt message on rising fuel prices

Last week, Walmart delivered one of its strongest sales quarters in years. But CEO John Furner did not sugarcoat what is coming. Speaking on the company's first-quarter fiscal 2027 earnings call on May 21, Furner made it clear that the pressure from higher fuel costs is real and that shoppers, ...

Are you loyal to brands, or does price matter?

Are you loyal to brands, or does price matter?

In a new survey, 60% of shoppers said they would drop their loyal brand if the price hike was too high.

As US stock market hits new highs, 2 of 3 Americans are cutting back on spending, survey shows

As US stock market hits new highs, 2 of 3 Americans are cutting back on spending, survey shows

U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices that have neared record levels