All articles tagged with #consumer
Many users are making a mistake by not carefully considering the privacy implications when participating in Apple's iPhone trade-in program, as their personal information may be collected and shared through cookies and tracking tools, despite opting out of data sharing.
Grass-fed ground beef distributed in six states has been recalled due to potential E. coli O26 contamination, with no confirmed illnesses reported. Consumers are advised to discard or return the affected products, which were shipped to California, Colorado, Idaho, Montana, Pennsylvania, and Washington.
Wendy's plans to close hundreds of U.S. restaurants in the coming months to improve profitability and store appeal, following the closure of 240 locations in 2024, as part of efforts to address underperforming outlets and adapt to changing consumer preferences amid economic pressures.
The article reveals that Amazon's Prime Day discounts are often misleading, with many prices not actually lower than regular prices, and some items costing more during the sale.
Target is ending its 12-year-old price match policy that matched prices from Walmart and Amazon, effective July 28, 2025, but will continue to match prices internally within Target stores and online for 14 days.
U.S. banks are experiencing strong profits and growth, driven by a resilient economy, increased borrowing, and positive market conditions despite initial fears of recession due to policy uncertainties. Major banks like JPMorgan, Citigroup, and Wells Fargo report optimism and robust performance, signaling a 'soft landing' for the economy under the current administration.
China's first Legoland theme park has built a replica of the Great Wall to attract consumers facing economic pressures, aiming to boost tourism and local engagement.
In May, a key inflation indicator increased slightly, with prices rising 2.3% year-over-year, while Americans reduced their spending for the first time since January, reflecting ongoing inflation pressures and cautious consumer behavior amid tariff impacts.
In May, a key inflation indicator increased slightly, with prices rising 2.3% annually, while Americans reduced their spending for the first time since January, reflecting modest inflation effects and cautious consumer behavior amid ongoing tariffs.
Surveys and anecdotes indicate that tariffs are leading to increased prices for goods and services in the US, with many companies passing higher costs onto consumers. While the official inflation data hasn't fully reflected these changes yet, the trend suggests that consumers should expect to pay more in the coming months, as tariffs continue to influence pricing and inflation is projected to rise slightly in 2025 and 2026.
Harry Seager received £2 in compensation from Mars Wrigley UK after discovering a Mars bar without its signature ripple, which he shared on the Dull Men's Club Facebook page. The company explained the bar "slipped" through production without being blown by air, causing the imperfection. Seager, who was curious about the production error, was satisfied with the compensation, equating it to two free Mars bars.
Around 25,000 residents in Spring Branch, Houston, are still without power on Day 7 following last week's derecho storms, facing dangerous heat and health risks. While 97% of affected customers have had power restored, those still without electricity are in complex situations requiring extensive repairs. Cooling centers and distribution points for water and ice are available, but the situation remains dire for many, especially seniors and those with medical needs. CenterPoint Energy continues to work around the clock to restore power.
Dollar Tree is raising prices as high as $7 due to inflation and supply chain pressures, marking a significant shift from its traditional $1 pricing model. The company's decision reflects broader challenges faced by retailers as they grapple with rising costs and the impact of the pandemic on global supply chains.
Apple faces multiple consumer lawsuits alleging monopolization of the smartphone market through anticompetitive conduct, following a recent antitrust case by the U.S. Justice Department and 15 states. The lawsuits claim that Apple inflated product costs and suppressed technology for messaging apps and digital wallets to stifle competition. Apple denies the allegations and is already fighting private lawsuits challenging its business practices.
Cookie Monster's complaint about "shrinkflation" in the snack industry, where products are getting smaller while prices remain the same, has prompted a response from the White House and U.S. senators. President Biden called on companies to stop shrinkflation, while Democratic Senator Sherrod Brown criticized big corporations for reducing product sizes without lowering prices. A report revealed that OREO Double Stuf Chocolate Sandwich Cookies shrank by 6% in size from January 2019 to October 2023, and similar trends have been observed in various goods since the pandemic began, attributed to supply-chain disruptions and global economic struggles.