Category: Consumer Behavior

At DraftKings, AI Targets the Gamblers Likeliest to Lose

The New York Times – Business:
Data science helps determine who receives betting incentives, but the company has resisted using similar technology to protect gamblers at risk of addiction.
Use of GLP-1s Like Ozempic Is Forcing Food Companies to Adapt

The New York Times – Business:
People on medications for weight loss are buying less food, shrinking their portion sizes and purchasing smaller clothes. Businesses are trying to adjust.
How to Lure the Spendy and the Thrifty? Bring On the ‘Barbell.’

The New York Times – Business:
Restaurant chains are trying to draw in both kinds of consumers by offering low-cost and more-premium options at the same time.
Why Cheap Used Cars Are So Hard to Find

The New York Times – Business:
A three-year-old car was the sweet spot for buying used cars, since they have passed the peak of depreciation. But they now average about $33,000.
Dollar Tree and Dollar General Report Sales Gains as Shoppers Cut Costs

The New York Times – Business:
Dollar General and Dollar Tree each reported gains in sales and store traffic on Thursday as higher gas prices forced shoppers to pare back.
Why Your Next Long-Haul Layover May Be in Seoul, Not Dubai

The New York Times – Travel:
The Iran war has slashed transit traffic at Middle Eastern airports, creating opportunities for hubs in Asia and beyond — at least for now.
‘Buy Now, Pay Later’ Lenders Pitch Loans for Needs Like Electricity and Rent

The New York Times – Business:
The rapid growth of pay-later loans raises questions about whether their popularity is driven by consumer preference or desperation.
July Retail Sales Notch Biggest Drop in Over a Year

The New York Times – Business:
The data for July showed the biggest drop in more than a year, as American households face the economic strains brought on by persistent inflation
Consumer Debt Data Shows ‘Overall’ Health Amid Persisting Divides

The New York Times – Business:
Homeowners with low fixed-rate mortgages lead a resilient picture of the economy. But many consumers are frustrated with declining real wages and other loans.
If You’re Struggling to Pay Day-to-Day Bills, There’s Help

The New York Times – Business:
Nonprofit financial counselors say there has been a significant increase this year in the number of borrowers seeking their advice.
Amid Cyclospora Outbreak, Demand for Locally Grown Lettuce Surges

The New York Times – Business:
Small produce stands and farmers’ markets are seeing a surge in demand for leafy greens as sales of lettuce and salad kits from grocery chains and big retailers drop.
Disney Theme Parks Report Strong Results, While Comcast’s Universal Parks Dip

The New York Times – Travel:
Theme parks have long been seen as a bellwether for consumer confidence. Disney’s domestic parks and cruises revenue rose 11 percent in the latest quarter.