Since sales surged during the pandemic, Instant Brands has struggled to find new fans for its beloved Instant Pot and other products.
Category: Consumer Behavior
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U.S. Inflation Cools as Fed Plots Next Interest Rate Move
Consumer prices rose at the slowest pace in more than two years, an encouraging sign for policymakers as they plot their next interest rate move.
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China’s Biggest Banks Cut Deposit Rates to Spur Consumer Spending
China’s largest state-run banks lowered interest rates on deposits, reflecting a growing concern that the economy has not rebounded as strongly as expected.
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U.S. Economy’s Staying Power Poses Big Questions for the Fed
The Federal Reserve has been trying to slow growth without tanking it. Now, officials must ask if inflation can cool amid signs of resilience.
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Pivots That Helped Businesses Through the Pandemic Have Endured
A challenging time proved to be fertile ground for experimentation that continues to pay off.
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Companies Push Prices Higher, Protecting Profits but Adding to Inflation
Corporate profits have been bolstered by higher prices even as some of the costs of doing business have fallen in recent months.
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Why Are Food Prices So High in Europe? Sugar, Cheese and Bread Costs Soar
Agricultural and energy costs are falling, but basic items remain stubbornly expensive for consumers.
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Consumer Spending Rose More Than Expected in April
New data on spending and income suggest that the economy remains robust despite the Federal Reserve’s interest rate increases.
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Digital Interactions Are Just Part of a Jewelry Sale Now
Brands find that some of their customers’ pandemic-era buying habits are here to stay.
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Inflation Persists and Car Prices Are a Big Reason
Prices of new and used vehicles were supposed to recede quickly as supply chain problems dissipated. The market had other ideas.
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Walmart Raises Its Outlook as Shoppers Look for Bargains
The retailer reported revenue that beat expectations and said it expected net sales to rise 3.5 percent for the year.