Consumer

Consumer

Christie’s Adds Classic Car Auction House to Its Luxury Portfolio

Photo by Bryan S via CC BY-SA 2.0

Auction house Christie’s has agreed to buy Gooding and Company, a classic auto auction house, to expand its luxury offerings.

1 min read

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Consumer

McDonald’s Lengthens the Meal Deal Wars

McDonald’s announced that its $5 summer meal deal, which was only supposed to last through June, will now be extended into December.

1 min read
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Consumer

Gym Group Finally Profitable Again Post-COVID

The Gym Group announced on Wednesday that in the first six months of this year it swung back to a profit for the first time since 2019.

1 min read
Image Credit: iStock, Nadezhda1906

Consumer

Back-to-School Spending Is Flat or Falling, Depending on Whom You Ask

Early data this year suggests back-to-school season spending is either flat from last year, or took a slight dip.

1 min read

Consumer

Lego Thrives Amid Higher Business Cost and a Slowing Toy Market

Image Credit: Lego.com

Danish company Lego reported generating $4.65 billion in revenue for the first half of 2024, up 13% from a year earlier.

1 min read

Photo by Ashlyn Ciara via Unsplash

Consumer

Economic Strains Starting to Hit Wealthier Americans, Survey Finds

Mizuho found that both low- and high-income Americans alike are trying to get as thrifty as possible, reducing spend.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Nerthuz via iStock

Autos

RV Having Fun Yet? The Ups and Downs of Camper Economics

In addition to offering mobile headquarters for families on vacation, recreational vehicle sales are a pretty good indicator of the economy.

5 min read
Photo by Phillip Pessar via CC BY 2.0

Consumer

Is Peloton’s Turnaround Plan Finally Working?

Peloton reported sales growth of 0.2% in the latest quarter, its first quarter of year-over-year revenue growth since late 2021.

1 min read

Consumer

Target and TJ Maxx Win Big By Keeping Prices Low

Photo by Ajay Suresh via CC BY 2.0

Both Target and TJ Maxx posted stellar earnings results on the strength of the incredibly resilient US consumer.

1 min read

Consumer

Uber Coasts to Another Quarter of Profitability

Photo by Raysonho via CC0 1.0

Uber returned to profitability in the second quarter, bucking macroeconomic trends and proving it can diversify its revenue streams.

2 min read

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