The fast-food giant named a new president of its U.S. operations, aiming to bring “focus and urgency” to a revamp of its outlets.
Category: Consumer Behavior
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McDonald’s U.S. Sales Slow as Consumers Spend More Cautiously
The New York Times – Business: -
‘Hoodwill’ vs. Goodwill
The New York Times – Fashion & Style:A conflict between street vendors calling themselves Hoodwill and a Brooklyn Goodwill appears to question the intentions behind selling donated wares.
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U.S. Economy Grew More Slowly in the Second Quarter
The New York Times – Business:Gross domestic product expanded at a 1.5 percent annual rate over the past three months, as war in the Middle East shook energy prices and supply chains.
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China, Its Economy Stumbling, Signals Only Cautious Support
The New York Times – Business:The ruling Politburo called for “more proactive” tax and spending policies but did not endorse broad action to address weak consumer spending.
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Americans Are Feeling Better About the Economy, Consumer Survey Shows
The New York Times – Business:Consumer sentiment rose in recent weeks after plummeting early this year as energy costs soared.
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Still Sending Checks in the Mail? Stop, Experts Say
The New York Times – Business:If you must, keep an eye on your account statements, experts say. Thieves steal checks from mailboxes, then alter the checks with fraudulent names.
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America’s Thirst for Gasoline May Not Recover After Iran War
The New York Times – Business:People drove less and bought more-efficient cars when fuel prices surged, habits that could stick over the long term.
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Egg Prices Are Way Down, but That’s Hurting Farmers
The New York Times – Business:An oversupply of hens has lowered wholesale egg prices. But consumers may not reap the full benefits because of producer contracts and higher costs.
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How Delta Steered Around Airline Industry Chaos
The New York Times – Business:The carrier has become the country’s most profitable by catering to affluent travelers, but it is facing stiffer competition from United.
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Retailers Say Squeezed Shoppers Are Focused on Deals
The New York Times – Business:Walmart, Target and TJ Maxx reported increases in sales, but shoppers are seeking out low-price items and cutting back in some categories, a potentially worrying sign for the U.S. economy.
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Walmart, Target and TJ Maxx Attract Shoppers Squeezed by Energy Prices
The New York Times – Business:The retailers reported increases in sales, even as higher fuel costs drove up the cost of everyday goods.
