fromFortune
2 weeks agoThe economy enters its budget shopping era, with consumers doubling down on value even as they ramp up spending
A recent Bank of America Institute note spotted a contradiction: While data shows customers increasing spending at restaurants recently, when surveyed, shoppers said they actually cut spending on dining out. They explain this by deal-hunting: Diners still went out, but scaled down the types of restaurants they visited to get more bang for their buck.
E-Commerce