US Retail Sales Rise, EV Latest
Bloomberg Intelligence
Shifts in Consumer Spending Amid Rising Prices
This chapter examines the evolving landscape of consumer behavior in the retail sector, particularly regarding food and personal care products in light of rising grocery prices. As consumers increasingly seek value, trends reveal a preference for smaller portions, private label products, and club stores, while credit card debt impacts purchasing decisions. The discussion also highlights the divide between economic classes and how differing financial pressures influence shopping habits this holiday season.
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