Carrefour, a supermarket chain, said the maker of Pepsi, Lay’s and 7-Up was keeping its food “unacceptably” expensive despite falling inflation.
Category: Shopping and Retail
-
Chill in the Housing Market Seeps Into Other Industries
The slowdown in the residential real estate market, a crucial cog in the American economy, is threatening sectors like home improvement and storage.
-
Apple Watch Sales to Resume, for Now
The company pulled two watches from stores after losing a patent case, but an appeals court temporarily paused enforcement of that ruling while the legal battle continues.
-
Holiday Spending Increased, Defying Fears of a Decline
While the pace of growth slowed, spending stayed strong because of robust job growth and strong wage gains.
-
Rite Aid’s A.I. Facial Recognition Wrongly Tagged People of Color as Shoplifters
Under the terms of a settlement with the Federal Trade Commission, the pharmacy chain will be barred from using the technology as a surveillance tool for five years.
-
Americans May Be Taking on Too Much Pay Later ‘Phantom Debt’
Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.
-
What Social Trends Taught Us About the 2023 Economy
From girl dinners to ChatGPT, a look back at the trends that broke the internet and taught us about the American economy this year.
-
Shoplifting at Filene’s Department Store
How I was banned from Filene’s department store.
-
Prices for Some Goods Are Actually Falling This Holiday Season
As inflation slows, prices for some physical goods are falling outright, which could lift consumers’ spirits.
-
Is Farfetch About to Go Bust?
For years, Farfetch was a tech darling that powered much of online luxury shopping. Now it is teetering on the brink of collapse.
-
Shein Accused of ‘Mafia-Style’ Tactics by Rival Temu
The two ultrafast-fashion retailers, which both have roots in China, are fierce rivals, offering low-cost items to U.S. consumers.
-
Corporate America Is Testing the Limits of Its Pricing Power
Firms may struggle to keep profits up if demand slows, but so far they are finding ways to keep margins wide.