Tag: inflation

Pamela's on vacation but the Week in Review must go on. Save Mart has a new owner, Independence Day BBQ parties cost more and consumers are getting fed up with inflation, but many retailers are promoting big sales for the holiday.

Americans will be gathering on the Fourth of July for a day of fireworks, food, parades and more. But as you celebrate with your friends and family this Independence Day, your cookout bill will be a bit higher.

When it comes to their stamina for paying historically high food prices, U.S. consumers are gassed, according to a Rabobank BBQ Index report.

With dining costs on the rise, Americans are getting creative to save a few bucks when eating out, according to the latest research from Lightspeed Commerce Inc., the one-stop commerce platform empowering merchants to provide the best omnichannel experiences.

Pandemic and generational inflation has caused American grocery shoppers to change their behaviors, said Circana's Jonna Parker during a Foundation for Fresh Produce webinar.

The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' assessment of current business and labor market conditions—increased to 143.1 (1985=100) in May from 140.6 in April.

Target Corporation announced today it will lower everyday regular prices on approximately 5,000 frequently shopped items across its assortment.

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis, after rising 0.4 percent in March, the U.S. Bureau of Labor Statistics reported today.

FMI's research found while half of shoppers surveyed say they are looking for more deals, only 32% are buying fewer items.

Consumers love restaurants — 64% said they would dine at or order from restaurants every day if they could manage it — but a prolonged struggle with inflation is tempering their spend and gratuities for staff.