Latest in Consumers Squeezed Retailers
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British retail sales rebound falls short of expectations
Supermarkets performed well in November but clothing stores had tough monthFinancial Times - 18h -
Seeing Low-Income Consumers Squeezed, Retailers Target $10 and Under Gifts
Inflation is still putting pressure on holiday budgets, which means more items with lower price points on shelves.Inc. - 1d -
Increased November Retail Sales Fuel Hopes for Year-End Spending Boom
Better than expected business at U.S. stores raise hopes of even stronger holiday season buying results—ahead of a potential pullback after Trump’s tariffs are applied in 2025.Inc. - 2d -
The retailers living in fear of violent shoplifters
One retailer in Edinburgh's plush Morningside district was knocked to the floor and throttled by a thiefBBC News - 2d -
Treasury yields hold steady after November retail sales, industrial production
Treasury yields finished little changed on Tuesday after stronger-than-expected retail sales for November and an unexpected decline in industrial production last month.MarketWatch - 3d -
India’s Sebi signals extension of algo trading to retail investors
Also in this newsletter: a massive spam call problem and Sajjan Jindal’s mantraFinancial Times - 4d -
China's November retail sales miss expectations as real estate slump deepens
The latest economic data out of China underscores lingering doubts about consumer spending.CNBC - 4d -
Weak China retail sales add to pressure on Beijing to lift economy
Consumption rises less than forecast in November, highlighting why leadership made it the top economic concernFinancial Times - 4d -
Here are the retailers shuttering thousands of stores in 2024
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.CBS News - Dec. 12 -
HSBC reviews retail banking outside UK and Hong Kong
Bank could scale back in countries including Mexico as it seeks further cost cutsFinancial Times - Dec. 12 -
Consumers feeling inflation pinch this holiday shopping season
The Labor Department reported Wednesday that consumer prices rose 2.7% year-over-year in November. The news comes as consumers do their holiday shopping and the Federal Reserve weighs its final ...CBS News - Dec. 12 -
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Consumer Price Index indicates inflation rose 0.3% in November
The Consumer Price Index for November indicated inflation rose 0.3% month over month with some grocery prices increasing. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver walk ...NBC News - Dec. 11 -
How consumers can protect themselves against porch pirates this holiday season
A new consumer survey shows package thieves have stolen from 14 million Americans in just the last three months. National consumer correspondent Usher Quraishi shows how to protect yourself from ...CBS News - Dec. 11 -
If Trump adds tariffs, 'either way, there is a cost to consumers,' economist says
President-elect Donald Trump's tariff plan is expected to raise costs, especially for low and middle earners, experts said. But the scope of tariffs is unclear.CNBC - Dec. 10 -
Macy’s shareholders clamor for retailer to squeeze value from its real estate, among other changes
Two investors launched a campaign Monday seeking changes at Macy’s that would boost profitability and returns.MarketWatch - Dec. 9 -
Consumer watchdog faces daunting future under Trump
The Consumer Financial Protection Bureau (CFPB) is headed for a rocky future under President-elect Trump. The powerful financial watchdog agency is in for a reckoning during a second Trump ...The Hill - Dec. 9 -
Trump Says He Can’t Promise Tariffs Won’t Raise Consumer Prices
President-elect Donald Trump said in an interview that he wouldn’t make promises about the impact of his tariffs.Inc. - Dec. 8 -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - Dec. 8 -
Trump 'can't guarantee' tariffs won't raise prices for consumers
President-elect Trump in a new interview that aired Sunday said he couldn't guarantee Americans would not pay more because of tariffs he has pledged to impose on imported goods. Trump, in an ...The Hill - Dec. 8 -
Trump's tariffs: A tax on American consumers
President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods from some allies and adversaries, claiming that foreign nations will pay such taxes to the U.S. ...CBS News - Dec. 8 -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - Dec. 7 -
U.S. consumer credit jumps in October as credit cards drive purchases
Total U.S. consumer credit surged in October, rising by $19.2 billion — the fastest pace since July.MarketWatch - Dec. 6 -
The Big Ten and SEC are set to gobble up CFP bids. That could squeeze the ACC and other leagues
The Big Ten and Southeastern conferences are set to gobble up the majority of the bids to the newly expanded 12-team College Football PlayoffABC News - Dec. 6 -
Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - Dec. 6 -
How Consumer Brands Are Preparing for Trump-Proposed Tariffs
Founders will be working overtime this holiday season on reconfiguring their supply chains away from China.Inc. - Dec. 6 -
When consumers should buy electric cars
President-elect Donald Trump indicated that once in office, he plans on ending the consumer tax credit for electric vehicle purchases. Business Insider autos senior reporter Nora Naughton joins ...CBS News - Dec. 5 -
Dollar General posts sales beat despite protracted consumer restraint
Dollar General Corp.’s stock was unable to hold its early gains Thursday after the discount retailer’s fiscal third-quarter earnings showed a sales beat but a profit miss, as hurricanes disrupted ...MarketWatch - Dec. 5 -
Black Friday showed consumers are still eager to spend — at the right price
Retailers again saw sales hit new heights from Thanksgiving to Cyber Monday, even as shoppers remain cautious about where and when to spend this holiday season.NBC News - Dec. 5 -
Chinese online retailer Temu suspended in Vietnam
Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and TradeABC News - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
'Squid Game' tracksuits, sneakers and whisky: Behind Netflix's latest retail pitch
Netflix has been ramping up its efforts in retail, with plans to open two physical stores. It's also partnering with many brands to sell merchandise based on its shows and movies.Los Angeles Times - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
EU to crack down on Asian online retailers Temu and Shein
Brussels considering a tax to slow surge of goods sold on sites that evade custom duties and checksFinancial Times - Dec. 4 -
Consumer watchdog wants FTC to investigate Oz for influencer marketing violations
A consumer advocacy group wants the Federal Trade Commission (FTC) to open an investigation into whether Dr. Mehmet Oz violated influencer marketing rules by promoting products from a wellness and ...The Hill - Dec. 3 -
Top US Consumer Watchdog Has a Plan to Fight Predatory Data Brokers
A new proposal by the Consumer Financial Protection Bureau would use a 54-year-old privacy law to impose new oversight of the data broker industry. But first, the agency must survive Elon Musk.Wired - Dec. 3 -
Consumer watchdog proposes crackdown on personal data sales
The Consumer Financial Protection Bureau (CFPB) on Tuesday rolled out a new proposal aimed at cracking down on data brokers selling Americans' sensitive information. Under the proposed rule, the ...The Hill - Dec. 3 -
Incoming House majority squeezed by Trump's planned appointments
President-elect Donald Trump's selection of a number of House Republicans to fill top posts in his administration is pulling from an already shallow bench.CBS News - Dec. 2
