Meituan, the Chinese food delivery giant, tested its global expansion in Hong Kong, where its Keeta service displaced a rival before moving to other markets.
Category: Consumer Behavior
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Shoppers Embrace ‘Christmas in July’ Amid Rising Costs and Tariff Limbo
People are starting their holiday shopping earlier this year, using summer sales from retailers like Amazon and Walmart to save time and money.
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Where Is the Economy Going? A ‘Monster Week’ of News Could Help Decide.
This week will bring a flood of economic data, as well as major policy decisions on trade and interest rates.
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5 Money Mistakes That Can Put Retirement Farther Off
Even people with employee-sponsored retirement plans still find it difficult to save for the future when faced with present-day desires.
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As Consumers Lose Their Appetite, Food Brands Fight to Keep Wall St. Happy
Packaged food companies are struggling to adjust — and profit — as tastes, waistlines and wallets change.
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Target Ends Price-Matching Policy After More Than a Decade
Shoppers will no longer be able to buy an item for a lower price if they can prove that they found an identical product listed for less by Amazon or Walmart.
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Judge Scraps Rule Eliminating Medical Debt on Credit Reports
The Trump administration joined with trade groups to ask a court to overturn a Biden-era rule that aimed to limit the impact of unpaid medical bills on consumers’ credit history.
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PepsiCo Reaches for Protein and Fiber to Boost Sales of Frito-Lay Snacks
The food giant said its Frito-Lay snack division planned to make a line of Cheetos and Doritos with no artificial colors or flavors, as demand falters.
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Rising Inflation Underscores Risks in Trump’s New Tariff Threats
New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug. 1.
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The Economy Has Been Resilient. The New Round of Tariffs May Hit Harder.
The economy’s resilience so far to President Trump’s global trade war risks emboldening him and unleashing the sort of economic devastation that economists have long feared.
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China Is Buying Appliances and iPhones. What Happens When the Subsidies Stop?
Shoppers are taking advantage of a $42 billion government trade-in program aimed at boosting spending. But in recent weeks, some cities have started to cut back on the subsidies.
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Delta’s Stock Soars on Signs of ‘Stabilized’ Demand
The airline reported better earnings than expected for its latest quarter, and restored its forecast for the rest of the year.