Similar Stories to New Retail Data: Luxury Shoppers Pull Back In June on Bing News

Affluent Americans went back to tightening their belts in June after months of showing other shoppers how to spend, raising concerns for the overall economy.

Topics:  affluent americans   june   shoppers   
BING NEWS:
  • Some consumers are punting big purchases like pools and mattresses
    Americans are kicking the can down the road on some more-costly, traditionally financed purchases as elevated inflation and interest rates bite.
    05/18/2024 - 7:17 am | View Link
  • Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
    Shippers remain concerned about U.S. consumers pulling back on overall purchases, and looking for mid-range price retail merchandise in the 2024 holiday season, according to a new CNBC Supply Chain ...
    05/17/2024 - 1:16 am | View Link
  • Walmart stock pops as Q1 e-commerce sales jump 22%
    Shares of Walmart (WMT) are trading higher on Thursday after the retail giant beat analyst estimates in its first quarter earnings report. The company saw same-store sales rise 3.8% during the quarter ...
    05/16/2024 - 2:44 am | View Link
  • When fashion archives fill the red carpet, who wins?
    Consumers and celebrities have fallen for the charm of vintage designer garments, but sellers in the secondhand market are grappling to retain relevancy.
    05/13/2024 - 5:50 pm | View Link
  • Tom and Ruth Chapman on What Went Wrong at Matches and Luxury E-commerce 2.0
    The couple, who founded Matches with a single store in 1987, discuss its demise and the opportunity for multibrand retailers going forward.
    05/12/2024 - 6:00 pm | View Link
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