Macy’s raised its sales forecast for the year after strong results at its upscale chain, highlighting how higher-income consumers continue to spend relatively freely.
Tag: Consumer Behavior
Once Shunned by Japanese Consumers, Korean Rice Now Flies Off the Shelves
Faced with shortages and rising prices for domestic rice, many Japanese are doing what was once unthinkable — buying a foreign variety.
In Tokyo, Rice Farmers Protest ‘Misguided’ Rules Fueling Shortages
A scarcity of rice is causing discontent among farmers and consumers in Japan and drawing attention to a policy some say has worsened shortages.
In Tokyo, Rice Farmers Protest ‘Misguided’ Rules Fueling Shortages
A scarcity of rice is causing discontent among farmers and consumers in Japan and drawing attention to a policy some say has worsened shortages.
Airlines Cut Seats to the U.S. as Canadians Stay Away
Several airlines have reduced the number of seats on U.S.-bound flights in April, while industry data shows that bookings have declined significantly.
Why Some U.K. Pubs Are Running Out of Guinness
Guinness’s parent company has limited the amount of the beer that U.K. wholesalers and distributors can buy each week, after surging demand led to fears of shortages.
British Pubs Are Running Out of Guinness
Guinness’s parent company has limited the amount of the beer that U.K. wholesalers and distributors can buy each week, after surging demand led to fears of shortages.
Global Economy Is Heading Toward ‘Soft Landing,’ I.M.F. Says
The International Monetary Fund upgraded its growth forecasts and offered a more optimistic outlook for the world economy.
China’s Economic Outlook: Pep Talks Up Top, Gloom on the Ground
Beijing has characterized concerns about the economic slowdown as being inflated by Western critics. Widespread anxiety and pessimism paint a different picture.
Gasoline Prices, a Source of Pain Last Year, Have Come Way Down
Reasons include a stronger supply of oil and weaker-than-expected demand, energy experts say. Some people are saving hundreds of dollars on fuel.