consumer spending
consumer spending Articles
ThinkstockRetail sales in May rose by only 0.3% on the headline data, short of the Dow Jones target of 0.7% and short of the Bloomberg target of 0.6%. The number was put at $437.65 billion, and this...
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Costco Wholesale Co. saw strong sales gains in May, with total sales rising 8% year-over-year to $8.8 billion for the four weeks ending June 1. For the 39 weeks ending on June 1, its sales rose to...
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After disappointing sale last years, mega-retailers like Wal-Mart and Kroger are rethinking the size of their superstores and testing out much smaller markets. But with everyone scaling back,...
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Courtesy Porsche Cars North America Inc.U.S. auto sales turned out to have an incredible month of sales in May. The news was good almost universally (except for the VW brand), but the luxury car...
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McDonald's announced plans to refranchise at least 1,500 restaurants, following a growing trend in the industry. Other fast-food restaurants that have recently sold company-owned stores back to...
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ThinkstockPersonal income and spending data do not exactly give the brightest picture for the month of April. Friday’s report from the U.S. Department of Commerce showed that personal income rose...
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ThinkstockA Census Bureau report released Thursday puts more precise numbers than ever before on the e-retail revolution. According to the Bureau’s newly published “County Business Patterns:...
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A recent Bloomberg poll suggests that most Target customers are willing to forgive the massive data breach that came to light over this past holiday season.
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Churchilldowns.comThe Kentucky Derby is one of those events that pulls in viewers who never even bother with watching horse racing any other days of the year. It is also represented as the oldest...
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Wikimedia CommonsGroupon Inc. (NASDAQ: GRPN), the struggling e-commerce coupon company, has become desperate enough to expand its business model. Part of this expansion includes pre-packaged...
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ThinkstockWith all the funny money printed and quantitative easing measures after the recession, it has been amazing that the cost of goods has not risen through the roof. In fact, it has baffled...
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Procter & Gamble managed to turn in a profit gain of less than 2%, due to lower expenses -- a theme that is very common yet again this earnings season. Unfortunately, its revenue was basically...
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American Express Co. (NYSE: AXP) is finding a mixed reception after its earnings report. The higher-end credit card issuer reported a 16% earnings gain to $1.33 in earnings per share versus...
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ThinkstockIn what has become almost a daily pattern, gasoline prices have risen again, reaching $3.653 as the average price for a gallon of regular nationwide. The comparable price for premium...
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ThinkstockThe Federal Reserve has released its report on consumer credit for the month of February. In February, consumer credit increased at a seasonally adjusted annual rate of 6.5%. Revolving...
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