Topic
Consumer Spending
60 stories related to this topic, newest first.
chicago.suntimes.comfinance4 days ago
Survey finds rising sports costs push some fans from bars and events
A poll of 1,747 fans shows one in five have stopped attending watch parties due to higher prices. Nearly half say they would attend a championship game regardless of cost, while 16 percent report they can no longer afford any live events.
dailykos.combusiness4 days ago
U.S. Steak Prices Hit Record Highs as Cattle Herd Shrinks
U.S. steak prices reached record levels with ground beef at $8.62 per pound. Holiday beef sales rose $352 million year over year even as prices climbed. The national cattle herd stands at its smallest size in decades.
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washingtonpost.combusiness5 days ago
Wedding spending rose 8.5 percent in 2026 as inflation hit 4.2 percent
Couples increased wedding-related outlays by 8.5 percent compared with 2025. Bank of America Institute data linked the increase to higher prices for imported goods and broader inflation that reached 4.2 percent in May.
benzinga.combusiness6 days ago
Nike Forecasts Fiscal 2027 Revenue Decline of Low-to-Mid Single Digits
Nike reported weaker global store traffic and discretionary spending. The company expects revenue to fall in the first quarter and full fiscal 2027 while tariffs remain a cost pressure.
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citizen.co.zaworld9 days ago
U.S. Online Spending Reached $26.4 Billion in 2026 Prime Day Sales, but Average Amazon Spend per Household Fell
Total online spending across U.S. retailers reached $26.4 billion during Amazon's four-day Prime Day event that ended Friday. Adobe data showed a 9.3% increase from the 2025 sale, with average household spending on Amazon at $143.
forbes.comfinance11 days agoUpdated
U.S. Personal Consumption Expenditures Index Rose 4.1% in May
The Personal Consumption Expenditures index rose 4.1% in May, matching forecasts and marking the highest annual rate since April 2023. Core PCE increased 3.4%, while real consumer spending and incomes both rose 0.3% from April.
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The Independentworld11 days ago
Global Luxury Goods Sales Forecast to Rise 2-4 Percent in 2026
A consultancy report projects modest growth in personal luxury goods after two years of contraction. Sales are expected to reach 365 billion to 373 billion euros this year.
zoho.comworld11 days ago
VAT Rate on Family Activities Cut to 5 Percent for Nine Weeks
A temporary reduction in the standard VAT rate from 20 percent to 5 percent on selected family meals, cinema tickets and admission charges begins today and runs until 1 September.
The Independentai11 days ago
Moonpig Reports AI Features Used in 31 Million Cards
The online cards and gifts company said creative AI tools appeared in 31 million greeting cards during the year ending April, twice the prior year's total. Overall revenue rose 8.6 percent to £284.5 million.
deadline.combusiness12 days ago
VAT Cut on Family Attractions and Meals Begins in UK
A temporary reduction in value-added tax on children's meals and entry to attractions started Thursday and will run until September 1. The measure covers theme parks, zoos, cinemas, and selected restaurants across England, Wales, Scotland, and Northern Ireland.
citizen.co.zafinance12 days ago
Online spending reached $8.3 billion on first day of major retail event
Digital transaction volume on the opening day of a large annual shopping period rose 5.3 percent from the prior year. Buy-now-pay-later services handled $668 million of the total. Next-generation search tools increased customer acquisition by more than 50 percent.
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citizen.co.zaworld12 days ago
Tesco Launches App-Only Clubcard Tier for 16- and 17-Year-Olds Requiring Parental Invitation
The supermarket introduced digital-only membership for teenagers invited by existing adult cardholders. The change expands access to discounted prices and reward points previously limited to those 18 and older.
channelx.worldsports13 days ago
Amazon Prime Day Sale to Run Four Days From June 23 to 26
Amazon will hold its annual Prime Day event over four days beginning June 23. The extension follows last year's change from the original two-day format. Analyst Sky Canaves linked the timing to efforts to reach consumers before summer travel and competing events.
Los Angeles Timessports13 days ago
World Cup Venues Offer Items from $3 Pizza Slices to $75 Caviar Tots
Venues in Atlanta, Miami, Toronto, Vancouver, Mexico City and Kansas City offer concession items at sharply different prices during the tournament. Low-cost staples appear alongside premium options that approach or exceed local daily wages in some cities.
Nbc Newsbusiness16 days ago
U.S. Gas Prices Up 34% Since February Strikes on Iran as Peace Deal Talks Advance
Americans have spent an extra $33 billion on gasoline since the war began. National averages reached $4.63 per gallon in mid-May.
foxnews.compolitics17 days ago
Gen Z Pet Owners Spend $6,103 Yearly on Average, Harris Poll Finds
A Harris Poll survey of more than 2,100 adults shows Gen Z spending far more on pets than older generations. Americans spent a record $158 billion on pets in 2025.
manilatimes.netbusiness17 days ago
Bank of America Card Data Shows Lower-Income Spending Rising While Upper-Income Spending Holds Steady
Lower-income households increased spending on goods and services excluding gas in the past week while wealthier households held steady. Oil prices fell from over $113 to $79 a barrel after the U.S. and Iran agreed to end military conflict.
technode.comworld18 days ago
China’s 618 Shopping Festival Shows Smaller Package Piles in Chengdu
Residents in Chengdu report fewer delivery parcels this year during the annual retail event used to gauge consumer spending. Platforms and officials ran weeks of promotions and subsidies ahead of the festival.
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thepointsguy.combusiness22 days ago
Bank of America CEO Discusses Consumer Spending Patterns
Bank of America CEO Brian Moynihan spoke about how Americans are spending money and how the bank is adapting to changing consumer behavior ahead of the country's 250th anniversary.
koreaherald.comfinance22 days ago
Bank of America customers buy less premium pet food as card spending rises 5%
CEO Brian Moynihan said spending on Bank of America credit and debit cards rose 5% in May, even as customers shifted to lower-priced pet food brands.
prnewswire.combusiness25 days ago
Americans Adjust Summer Travel Plans as Gas Prices Rise but Domestic Trips Continue
Groups and families are shortening summer trips or choosing domestic routes as fuel costs reshape plans. Surveys show continued travel interest but with tighter budgets and closer destinations.
forbes.comfinance28 days ago
Walmart Sees Higher-Income Shoppers Amid Rising Grocery Prices and Broad Consumer Cutbacks
Walmart CEO John Furner said last week that higher-income customers are buying more and visiting more often. Food prices including ground beef at $6.90 per pound and orange juice up 21% have prompted spending cuts across income levels.
Substrate placeholder — needs reviewfinance29 days ago
U.S. Consumer Spending Holds Steady Despite Higher Fuel Prices
Americans continue to spend but are buying less gasoline per trip and fewer non-grocery goods. Warehouse clubs report more fuel visits while convenience stores and apparel retailers see declines.
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Fortunefinance29 days ago
U.S. Consumers Shift Buying Patterns as Average Gas Price Reaches $4
Retail executives and data firms report more frequent but smaller fuel purchases at warehouse clubs and reduced spending on clothing, furniture, and non-grocery items. The changes coincide with higher fuel prices that began after the Iran conflict started in late February.
thehindubusinessline.comworld29 days ago
U.S. Households Spent $750 More on Average After 100 Days of Iran Conflict
Energy and food prices rose after U.S. and Israeli strikes on Iran began February 28. Average regular gasoline reached $4.22 per gallon on June 6, up from $2.98 before the strikes.
foxnews.comworld30 days ago
U.S. Recreational Boaters Face Higher Fuel Costs Ahead of Summer Season
Gasoline and diesel prices remain elevated compared with last year, prompting some boat owners to shorten trips or alter plans. Industry groups report that most boaters still intend to use their vessels this season.
koreatimes.co.krworld32 days ago
Starbucks Korea Payments Fall 10 Billion Won in May After Promotion Suspended
Starbucks Korea recorded an estimated 121.2 billion won in May card payments, down 13.1 billion won from the prior month. The decline followed a one-day discount event that was halted hours after launch.
nbcnews.combusiness34 days ago
Amazon Expands Prime Day to Four Days June 23-26 With Grocery Discounts
Amazon will run its annual Prime Day sale from June 23 through June 26. The four-day event will emphasize groceries and household essentials amid record-low U.S. consumer sentiment.
bstrategyhub.comfinance34 days ago
Dollar General Raises Annual Profit Outlook After Sales Gain
Dollar General increased its full-year profit forecast after reporting stronger-than-expected quarterly sales driven by low prices attracting budget-conscious customers.
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agriculture.einnews.combusiness37 days ago
Americans Change Grocery Purchases as Food Prices Rise
Households report buying fewer items, switching to store brands, and using coupons as grocery costs remain elevated. NPR examined these changes through interviews across multiple regions.
news.google.comfinance37 days ago
U.S. Personal Savings Rate Declines to 2.6% in April as Consumer Spending Continues to Outpace Income
The U.S. personal savings rate dropped 0.6 percentage points in April to 2.6%. Consumer spending rose 5.7% year-over-year while personal income grew 2.5%.
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thegraphicsfairy.comfinance38 days ago
Gap and American Eagle shares fall after weak sales forecasts
Gap and American Eagle Outfitters shares declined in early trading after both companies issued lower-than-expected sales forecasts. The moves reflect reduced consumer spending on discretionary goods.
supermarketnews.combusiness38 days ago
Costco U.S. comparable sales rose 9.4 percent in third quarter
Costco Wholesale reported third-quarter U.S. comparable sales rose 9.4 percent, exceeding analyst estimates. The company attributed the increase to higher fuel sales and lower prices on everyday items.
investedwallet.comtechnology39 days ago
HVAC Purchases Often Cost Less During Early Spring and Early Fall
Contractors typically offer lower prices and more flexible scheduling for furnace and air conditioner replacements during periods of reduced demand. Early spring is often the lowest-cost window for air conditioning units, while late summer or early fall tends to be cheaper for fu…
usatoday.comworld39 days ago
Survey Finds One in Four Americans Delaying Car Maintenance Over Gas Prices
A new survey reports that 25 percent of American drivers are postponing vehicle maintenance because of higher fuel costs. The poll also measured related changes in driving habits and spending priorities.
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Los Angeles Timesfinance39 days agoUpdated
U.S. Inflation Gauge Hits Three-Year High in April
The Commerce Department reported that a key inflation measure rose to 3.8 percent in April. Real incomes fell while core prices also climbed above the Federal Reserve's 2 percent target.
Semaforworld39 days ago
GLP-1 weight loss drugs prompt changes in fashion and food sectors
A new HSBC report projects that lower food spending tied to GLP-1 drug use could reduce overall consumer spending by as much as 7 percent in some countries. Clothing brands are adjusting designs and inventory practices for changing body sizes. Wedding retailers are adding size wa…
MarketWatchfinance39 days agoUpdated
Dollar Tree raises full-year profit outlook after first-quarter sales beat estimates
Dollar Tree reported first-quarter sales above analyst forecasts and increased its full-year profit guidance. The company said customers are buying fewer items but spending more per visit.
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theolivepress.esbusiness39 days ago
U.S. Pet Spending Rose in 2025 While Adoption Rates Slowed
A Bank of America Institute analysis found that pet-related spending increased in 2025 even as adoption rates declined. The study examined card data across income groups and metropolitan areas.
finance.yahoo.comfinance40 days ago
Wells Fargo CEO Reports Improved Consumer Spending and Growth in Investment Banking
Wells Fargo CEO Charlie Scharf said consumer spending has improved in recent weeks. He also stated that the bank's investment banking and markets businesses are performing well with expected revenue growth.
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finance40 days ago
Economist Describes U.S. Economy as G-Shaped Driven by Older Americans
Ed Yardeni of Yardeni Research outlined a G-shaped economy in a client note. The description centers on spending patterns among Americans born 1946-1964 and their financial transfers to younger relatives.
video.foxbusiness.comscience41 days ago
UBS Says GLP-1 Weight-Loss Drugs Reduce Restaurant Sales
UBS stated that rising use of GLP-1 weight-loss drugs could lower restaurant sales as users reduce calorie intake and eat out less. The bank expects restaurants to adjust menus with smaller portions and healthier items.
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deccanchronicle.combusiness41 days ago
Meal Delivery Services Offer Convenience at Higher Cost Than Groceries
Meal delivery services ship pre-portioned ingredients or prepared meals to subscribers on a weekly schedule. Costs range from about $12.50 to $14 per serving for meal kits, plus shipping fees of $10 to $15. Services reduce meal planning time but typically exceed standard grocery…
theedgemarkets.comfinance41 days ago
Retail Earnings Show Divergence Between Luxury and Discount Consumers
Earnings calls from Walmart and Ralph Lauren indicate differing performance between consumer segments. The equal-weighted consumer discretionary index relative to the S&P 500 reached its lowest level in at least 20 years.
businessreport.comworld42 days ago
Millions Expected to Travel Over 50 Miles for Memorial Day Weekend
Gas prices have risen ahead of the holiday. Projections show many Americans will still drive long distances. Financial pressures limit travel for others.
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Nbc Newsworld42 days ago
Retailers Discount Grills, Mattresses and Travel Gear for Memorial Day
More than half of shoppers plan to take part in Memorial Day sales this weekend, though spending is expected to be lower than in prior years. Retail experts advise buying seasonal outdoor items, mattresses and major appliances now while skipping most electronics and summer clothi…
Forbessports43 days ago
2026 World Cup Expected to Boost Global Consumer Spending
The 2026 FIFA World Cup will be hosted across the United States, Mexico and Canada from June 11 to July 19. Nielsen data show rising U.S. viewer interest and increased purchases of snacks and beverages during prior tournaments. Host cities report softer hotel demand ahead of the…
nypost.comfinance44 days ago
Kevin O'Leary Recommends Two-Card Credit Strategy to Limit Risk
Investor Kevin O'Leary outlined a system using one high-limit card for in-person purchases and one $2,500-limit card for online spending. He stated that poor balance control, not the cards themselves, leads to high interest costs.
nypost.comworld44 days ago
Travel operators expand budget options for safaris, cruises and hotel amenities
Operators are adding lower-cost tiers for safaris, yacht charters, day passes and airline seating. The changes target middle-income travelers seeking premium experiences at reduced rates.
nypost.comworld44 days ago
Hawaii Families of Four Spend Most on Groceries
A family of four in Hawaii spends an estimated $389.66 weekly on groceries, the highest amount among U.S. states. Data from the Census Bureau's Household Pulse Survey show the next-highest totals in Alaska and California.
finance44 days ago
30-Year Mortgage Rate Rises to 6.51 Percent This Week
The average U.S. 30-year fixed mortgage rate increased to 6.51 percent from 6.36 percent, Freddie Mac reported Thursday. The rate remains below the 6.86 percent level recorded one year earlier.
nypost.comworld44 days ago
U.S. Airlines Expand Premium Cabins After Spirit Bankruptcy
Major carriers are adding lie-flat business seats and premium economy sections while reducing standard economy availability. Spirit Airlines filed for Chapter 11 bankruptcy this month after 34 years of operation.
680news.comfinance44 days ago
U.S. Data Releases Scheduled for Inflation, GDP, Trade, and Consumer Metrics
Multiple government and private reports on inflation, economic output, trade, and consumer activity are set for release in the coming week. The schedule includes both monthly and quarterly figures.
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app.buzzsumo.compolitics44 days ago
Celebrity Chef Wolfgang Puck Says U.S. Demand for Beef Remains Strong
Wolfgang Puck stated on CNBC that red meat continues to be popular with American diners even as some beef prices reached record levels ahead of Memorial Day. He noted that certain premium cuts have declined in price due to imports.
Benzingafinance45 days ago
Woman Reports Husband Accumulated $50,000 in New Credit Card Debt
A woman posting on Reddit said she discovered her husband had added roughly $50,000 in credit card balances within months. She had previously used savings and inheritance to pay off about $40,000 of his earlier debt one year before.
marketwatch.comworld45 days ago
Memorial Day Barbecue Costs Rise as Ground Beef Prices Increase 20 Percent
Ground beef prices have risen 20 percent compared with last year, increasing the cost of typical Memorial Day cookouts. Shoppers are turning to lower-cost cuts and alternative proteins to manage spending.
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cnbc.comfinance45 days ago
Off-Price Retailers Report Strong Sales as Walmart Notes Fuel Price Effects
Ross Stores and TJX reported quarterly sales above expectations this week. Walmart cited lower fuel purchases as a sign of consumer pressure. Consumer sentiment reached a new record low on Friday.
finance45 days ago
Restaurants focus on average order value as traffic declines
Restaurant operators reported fewer customers in 2025 while facing higher food costs. Marketers are now targeting higher-spending diners through online ordering tools to improve margins.
pymnts.comworld45 days ago
Walmart CEO Says Shoppers Feel Price Pressure
Walmart's chief executive stated that customers are experiencing higher costs. The retailer reported results amid ongoing inflation concerns.
Semaforworld46 days ago
U.S. Retailers Report Weaker Sales Outlook as Fuel Prices Rise
Walmart and Target executives described declining consumer spending and lower fuel purchases. The reports come as fuel prices rise during the Iran conflict.