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Consumer Behavior

Lifestyle
Why Are Americans Dining Out Less? A Closer Look At Changing Habits Why Are Americans Dining Out Less? A Closer Look At Changing Habits
Why Are Americans Dining Out Less? A Closer Look At Changing Habits Rising costs and shifting priorities are reshaping how Americans approach dining out.  Reports reveal a notable decline in restaurant visits, particularly among middle-class families and younger generations. Here are key factor driving the decline: Rising Menu Prices: Inflation has notably driven up the cost of dining out significantly. According to Yahoo Finance’s “6 Reasons the Middle Class Can’t Afford To Dine Out Anymore,” soaring food prices have left many consumers rethinking their restaurant habits. Economic Pressures: Broader inflationary trends are squeezing househo…

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by Joe Lombardi
News
Costco Raising Membership Fees In US, Canada Costco Raising Membership Fees In US, Canada
Costco Raising Membership Fees In US, Canada The Costco Wholesale Corporation has announced membership hikes in the US and Canada for the first time in seven years, according to a news release by the company issued on Wednesday, July 10.  Costco opened the release sharing a June sales growth in the US of 5.6%, which is higher than the past 44 weeks of just 4.4%, the company experienced a decrease in revenue internationally.  On the heels of sharing that news, the company made the announcement about raising the membership fees in both the US and Canada beginning Sept. 1.  Annual memberships are rising $5 making them $65…

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by Jillian Pikora
Business
McDonald's To Launch Value Meal Deal: Here's When It Starts McDonald's To Launch Value Meal Deal: Here's When It Starts
McDonald's To Launch Value Meal Deal: Here's When It Starts McDonald's plans to offer a $5 value meal to lure back dollar-conscious customers. The one-month promotion starts on Tuesday, June 25, according to CNBC, which first reported the news. It will include a McChicken or McDouble sandwich, four-piece chicken nuggets, fries, and a drink, the outlet reports. "We know how much it means to our customers when McDonald's offers meaningful value and communicates it through national advertising," McDonald's said in a statement to CNBC.  "That's been true since our very beginning and never more important than it is today." Click here to read …

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by Joe Lombardi
Business
COVID-19: Costco Puts New Limits On Purchases Of Toilet Paper, Some Other Items COVID-19: Costco Puts New Limits On Purchases Of Toilet Paper, Some Other Items
Covid-19: Costco Puts New Limits On Purchases Of Toilet Paper, Some Other Items Costco is set to implement new limits on purchasing products such as toilet paper and cleaning supplies. The decision was made in part due to supply chain issues such as truck and driver shortages and shipping delays, according to a report from CNN. These issues have caused stores to have trouble getting products onto shelves. Related - COVID-19: Supply-Chain Issues Causing Shortages Of Items At Supermarkets, Other Retailers CNBC reported that purchasing limitations will be implemented on items including paper towels, toilet paper, bottled water and certain cleaning products. While …

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by Nicole Valinote