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Industry Operations June 05, 2024NRF: As Economy Recovers, Consumers Spend
Shoppers are still willing to make retail purchases even as smaller job and wage gains and high interest rates hamper the growth of consumer spending...Topics: -
Foodservice, Suppliers, Retailers May 17, 2024Walmart CFO: Diners Opt for Groceries Over Fast Food
As customers see some grocery items stay the same or get cheaper, the gap between food at home and dining out continues to expand, incentivizing grocery shopping. -
Industry Operations May 14, 2024April Retail Sales Wavered
U.S. retail sales revenue in April declined 1 percent compared to the same month last year.Topics: -
Foodservice, Suppliers, Retailers May 13, 2024High Prices Affect Dining Out
Seventy-eight percent of Americans reported that higher menu prices have made dining out more challenging this year.Topics: -
Industry Operations May 06, 2024Food Giants Struggle in Inflation Economy
Despite inflation continuing its downward trend from its 2022 peak, high prices have persisted, causing big fast-food chains to struggle to keep this anxiety from impacting sales.Topics: -
Industry Operations April 10, 2024Inflation Persisted in March
Inflation heated up in March, hurting the Federal Reserve’s case for interest rate cuts in June.Topics: -
Industry Operations March 27, 2024Consumers Save for Essentials
In February 2024, spending on discretionary general merchandise continued to decline, with 5 percent dollar and 4 percent unit sales declines compared to the same time last year.Topics: -
Industry Operations February 27, 2024Americans’ Food Budgets Peak
Americans are spending more of their income on food, both at home and in restaurants, than they have in 30 years. -
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Inflation Remains Top Concern for Consumers
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