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The Latest Breaking News from Marshal Cohen

Gas at $4: Americans cut back on discretionary spends as fuel bills mount

Americans are adjusting their spending as fuel prices climb. Shoppers are altering routines, visiting discount stores for gas, and cutting back on non-essential purchases like clothing and furniture. While some retailers see resilience, lower-income customers are noticeably reducing spending. Economists anticipate further retrenchment as tax refunds diminish and the cumulative…

The Economic Times

From unfilled gas tanks to fewer frills, retailers see US consumers rethink their spending

U.S. consumers haven't stopped spending since the Iran war drove up fuel prices

AAP

How Americans are adjusting their spending habits as cost of living soars

The U.S. Commerce Department reported last week that the growth in Americans' spending in April was primarily driven by higher prices, not an increase in purchases

The Independent UK

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Walmart's cake decorators stir up some rivalry with their affordable creations

The school graduation season is the busiest time of year for the Walmart workers who hand-decorate cakes per customers’ orders

The Independent UK

Dollar Tree sells Family Dollar business to private-equity investors for $1 billion — here’s what it means

Following the sale, Dollar Tree will move forward with ‘significant planned new store openings’ across the country

The Independent UK

What Is The Feb 28 Economic Blackout: Boycott of Amazon, Walmart, McDonalds and More For 24 Hours

A nationwide 24-hour boycott, the 'Feb. 28 Economic Blackout,' aims to pressure major retailers over rising prices and policy changes.

International Business Times UK

Why some Americans won’t spend a cent on Friday in 24-hour ‘economic blackout’

A grassroots organization is encouraging the ‘blackout’ as an act of ‘economic resistance’

The Independent UK

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Retailers bank on Black Friday to energize bargain-hungry holiday shoppers

After weeks of pushing early deals, retailers in the United States and some other countries are promising bigger discounts on Black Friday

The Independent UK

Why retailers still see Black Friday as the high point of the holiday shopping season

After weeks of plugging increasingly inviting discounts, retailers in the United States and several other countries are preparing for prime time

The Independent UK

Retailers offer big deals for Black Friday but will shoppers spend?

Expect big discounts and other enticements to lure shoppers to stores for Black Friday

The Independent UK

Retailers ready to kick off unofficial start of the holiday season just as shoppers pull back

Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements

The Independent UK

No more free coffee on your birthday? Companies rein in customer rewards programs — here's why

Reward programs, including birthday freebies and discounts, have long been a way for brands to build loyalty and incentivize spending

The Independent UK

More businesses require teens to be chaperoned by adults, curbing their independence

For many teens, roaming shopping malls, hanging out at amusement parks, and watching a movie at a local theater with their peers have been long considered the rites of passage to adulthood

The Independent UK

Inflation is the Grinch this holiday gift-giving season

With a couple of shopping days left, the success of this holiday season just depends.

Tribune News Service

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