consumers planned to spend less on fitness and wellness services, a pattern that usually follows a spike in spending on this category—often attributed to New Year’s resolutions—that occurs at the beginning of the year.
I’m taking a gamble on groceries… I signed up for a Sam’s Club membership. From what little research I did, it looks like most things we buy will be cheaper at Aldi, but I don’t really know what all Sam’s has. It was one of those special deals (membership for $28, free ...
Six-figure earners are getting nervous about falling behind on their bills Oct. 16, 2024 at 6:18 a.m. ET by Andrew Keshner Groceries are more affordable now than in 2019. So why are prices still such a hot-button issue? Oct. 12, 2024 at 8:31 a.m. ET by Hannah Erin Lang ...
The scale of Christmas / holiday spending cutbacks due to the cost of living is highlighted in new research from KPMG UK – which shows consumer intention “to cut back on buying gifts, groceries and socializing.” Over 2600 UK consumers were surveyed for KPMG –…Read More ...
Shoppers tend to spend more on necessities such as tissues, handwash, instant noodles, and pet food while trading down and buying less in discretionary or big-ticket categories such as home appliances and furniture. Yet at the...
Inflation hit a 41-year high in March. The spiking prices have affected goods and services ranging from gas to groceries, which have caused American consumers to hit the brakes on spending, said the report released on Saturday. According to the Bureau of Economic Analysis, personal consumption ...
Across the grocery industry, year-over-year spending is growing. Sales were up 11 percent in the second quarter, and shoppers are spending more on groceries than ever before. Quarterly spending averaged $387 per consumer, a 31 percent increase over the prior year. ...
With Christmas fast approaching, many festive staples are seeing price increases, with carrots and potatoes up by nearly a fifth. On the drinks front, a 70cl bottle of cream liqueur has risen by 4%, but there's good news for Champagne lovers with a bottle now costing 0.5% less. ...
Consumers are reducing their spending the most in nonessential categories such as fashion, home decor, and dining out, while largely maintaining their spending on groceries, baby supplies, personal care, and pet supplies. Trade-down actions “Fewer” and “smaller” characterize purchases. Looking ...
People earning less than $15,000/year still spend $365 a year on their pets.[2] Pet Spending by Age Pet spending statistics show that people aged 55-64 spend the most money on their pets: $900/year.[2] Pet owners aged 75+ spend the least of all age groups: $351/year. Low pet...