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Has the Spread of Tipping Reached Its Limit? Don’t Count on It.
Posted inConsumer Behavior Harris, Kamala D Income Tax Labor and Jobs Presidential Election of 2024 Prices (Fares, Fees and Rates) Tips and Tipping Trump, Donald J United States Economy Wages and Salaries

Has the Spread of Tipping Reached Its Limit? Don’t Count on It.

Both major presidential candidates propose exempting tips from taxes. That could encourage more reliance on tipping, and leave workers vulnerable.
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Posted by By Ben Casselman
Macy’s Reports Lower Sales as Shoppers Cut Back
Posted inBloomingdale's Bluemercury Company Reports Consumer Behavior Macy's Inc Shopping and Retail Spring, Tony

Macy’s Reports Lower Sales as Shoppers Cut Back

Department store chains have struggled as consumers, squeezed by budget constraints, spend less time and money at their stores.
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Posted by By Jordyn Holman
Retail Sales Were Up 1% in July, Easing Concerns About the Economy
Posted inConsumer Behavior Shopping and Retail Stocks and Bonds United States Economy

Retail Sales Were Up 1% in July, Easing Concerns About the Economy

Sales were up 1 percent in July from the previous month. The rise was slimmer when autos and gasoline were excluded, but market reaction was favorable.
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Posted by By Danielle Kaye
Walmart Sees Higher Sales From Picky Shoppers
Posted inCompany Reports Consumer Behavior Discount Selling Inflation (Economics) McMillon, C Douglas Shopping and Retail United States Economy Walmart Stores Inc

Walmart Sees Higher Sales From Picky Shoppers

The retail giant raised its forecasts as it attracted bargain-hunting shoppers strained by inflation, drawing in high-income households in particular.
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Posted by By Jordyn Holman

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