Consumer Spending

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Cartier owner Richemont posts dip in sales due to Chinese luxury downturn
Retail

Cartier owner Richemont posts dip in sales due to Chinese luxury downturn

By
November 8, 2024
Chipotle tried to beef up its portions—then it hurt profitability
Retail

Chipotle tried to beef up its portions—then it hurt profitability

By
November 1, 2024
Forget China, fashion empires are facing an even greater risk from ‘luxury fatigue’ according to Chanel exec
Retail

Forget China, fashion empires are facing an even greater risk from ‘luxury fatigue’ according to Chanel exec

By
October 29, 2024
Treasury Secretary Janet Yellen speaks during a news conference.
Finance

Yellen says world was ‘worse off’ under Trump-era isolationism

By Fatima Hussein and The Associated Press
October 22, 2024
The recalled Colsen-branded Fire Pit, Rectangular model is seen on a table in front of a couch.
Retail

Colsen tabletop fire pits recalled for risk of deadly, invisible flames

By
October 17, 2024
Reggie Rose Geschke, 2, plays with the Miraculous Paris Heroes Playset, from Playmates Toys, at the TTPM 2024 Holiday Showcase event, in New York, Sept. 17, 2024.
Finance

Largest U.S. retail association predicts slower holiday sales

By Anne D'Innocenzio and The Associated Press
October 15, 2024
U.S. consumer spending is increasingly driven by richer households
Retail

U.S. consumer spending is increasingly driven by richer households

By Alex Tanzi and Bloomberg
October 11, 2024
Secrets-to-Success-Brett-Schulman-CEO-Cava
Success

Each Cava location is worth a whopping $33 million. Its CEO explains how the Chipotle competitor is achieving explosive growth

By
October 6, 2024
Red Lobster CEO Damola Adamolekun
Leadership

Red Lobster’s new CEO said the seafood chain’s endless shrimp offering caused an all-you-can-eat chaos

By
October 3, 2024
shoppers in checkout line
Personal Finance

Store credit card interest rates average 30% vs. 21% across all cards

By Adriana Morga and The Associated Press
September 23, 2024
Meredith Whitney
Finance

Boomers are subsidizing Gen Z and millennial spending habits, ‘Oracle of Wall Street’ says

By
September 21, 2024
PayPal Co-Founder & Affirm CEO Max Levchin is seen in a dark blazer and black shirt with glasses.
Retail

Affirm CEO says more retailers want buy now, pay later options as holidays approach

By Paige Smith and Bloomberg
September 19, 2024
‘Recession fears appear overblown’ as retail sales ticked up last month
Finance

‘Recession fears appear overblown’ as retail sales ticked up last month

By Christopher Rugaber and The Associated Press
September 17, 2024
Image of a trader at the New York Stock Exchange (NYSE) working at a desk with multiple computer monitors. The screen above prominently displays the Citi logo along with stock prices, while the American flag hangs in the background.
Finance

Citi CFO predicts 20% rise in investment banking fees, says consumer spending is shifting

By Todd Gillespie and Bloomberg
September 9, 2024
The image shows the exterior of a Dollar Tree store with several parked cars in front of the building. The store’s large green logo is prominently displayed above the entrance. A woman is standing near a red SUV, loading items into the vehicle. The surrounding area features a lush, green, forested backdrop
Finance

Dollar Tree faces biggest stock drop in 12 years as consumer spending slows

By Jaewon Kang and Bloomberg
September 4, 2024

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