by Peter Giannetti | Jan 27, 2025 | Featured News, Retail Articles
After demonstrating strong holiday 2024 spending, U.S. consumers returned to cautious spending behavior as 2025 began and new distractions emerged, according to market analytics company Circana. In the combined five weeks ending January 4, 2025, there was a 9%...
by Mike Duff | Nov 22, 2024 | Retail Articles
Headwinds limited Ross Stores’ gains in the third quarter, the company reported, even as its customers remain wary of discretionary spending. Net earnings for the quarter were $488.8 million, or $1.48 per diluted share, versus $447.3 million, or $1.33 per...
by Mike Duff | Jan 30, 2023 | Retail Articles
Consumers remain wary about prospects for the economy, planning to cut back on eating out and travel, according to market researcher Numerator, but they are less concerned about the COVID-19 pandemic than they have been. As part of its monthly Consumer Sentiment...
by Mike Duff | Jan 14, 2022 | Retail Articles
The Visa U.S. Spending Momentum Index came in at 108.4 in December seasonally adjusted, its strongest reading for the month since the index launch, but it’s not all good news as discretionary spending momentum softened. For the last three months of 2021, the SMI was...
