Consumers Demand Deals on Big-Ticket Items Amid Uncertainty
Earnings reports from two furniture companies show consumers may not be willing to buy new furniture unless it’s a bargain.
Source: pymnts.com
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Earnings reports from two furniture companies show consumers may not be willing to buy new furniture unless it’s a bargain.
Consumer sentiment remained essentially unchanged in April, as it has been since the beginning of the year.
U.K. and U.S. retailers are reportedly finding that deep discounts aren’t enough to woo consumers. It’s a season of “extreme bargains.”
Despite optimism in New York Federal Reserve Survey, 83% of consumers are concerned about the economic future in the United States.