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01/12/2024
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By Belle Carter
French retail giant boycotts PepsiCo snacks and drinks in Europe “due to unacceptable price increases”
France’s largest supermarket chain Carrefour started boycotting food and drinks of PepsiCo on Jan. 4 in France, Belgium, Spain and Italy in a move to encourage the American multinational food, snack and beverage corporation to bring down its prices. The retail giant has removed PepsiCo items from supermarkets in France and placed banners in aisles […]
01/03/2024
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By Zoey Sky
DEBT TRAP: 4,500 Walmart self-checkout kiosks offer “buy now, pay later” loans for basic items
“Buy now, pay later” (BNPL) loans are more popular during Black Friday and Cyber Monday. With shoppers frequenting stores during the holidays, shoppers at Walmart were offered a new BNPL payment at the checkout line. The growing popularity of BNPL may seem like good news for shoppers on a tight budget, but in reality, it is a […]
12/07/2023
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By Belle Carter
Bidenomics: Big Mac extra value meal now costs $10 more than it did during Trump’s era
Customers of fast food giant McDonald’s are not spared by inflation. The fast food chain’s Big Mac extra value meal, a combo of the iconic burger, medium beverage and a medium fry, now costs $18 in some locations – up $10 from 2018 when former President Donald Trump was still president. A viral video of […]
11/30/2023
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By Belle Carter
Study: Inflation is holding back Americans from making holiday food donations
As soaring food prices continue to haunt households, the hands of Americans are now tied when it comes to showing generosity and sharing blessings, especially during seasons of giving. A study released on Nov. 20 found that high prices of food are having a significant impact on Americans’ willingness to donate food during the 2023 […]
11/27/2023
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By Arsenio Toledo
Thanksgiving was more expensive under the Joe Biden administration thanks to “Bidenflation”
The staple foods included in every Thanksgiving meal are now more expensive as food inflation grips the nation, thanks to President Joe Biden’s economic policies. Some notable holiday favorites severely impacted by food inflation include russet potatoes, canned pumpkins and canned cranberries, whose prices are up 14 percent, 30 percent and 60 percent, respectively, compared to […]
11/22/2023
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By Ethan Huff
Walmart stock plummets amid corporate warning that consumer spending is slipping
The world’s largest retailer failed to deliver this week on its reported Q3 results, which were dismal and point to rapidly deteriorating consumer spending across America. Walmart reported earnings that generally beat on revenue and earnings, but Wall Street was expecting more, which sent the company’s stock tumbling. Discretionary purchases are down in general, which […]
11/16/2023
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By Zoey Sky
Target CEO warns that shoppers are spending less because of budgetary concerns
Former Walmart CEO Bill Simon recently warned that American consumers are nearing a “breaking point.” Now, it’s Target CEO Brian Cornell’s turn to warn about the cutback in consumer spending. In an interview with CNBC‘s Becky Quick on “Squawk Box,” Cornell talked about Target’s challenges, including the cash crunch facing consumers amid high inflation. Cornell also shed […]
11/16/2023
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By News Editors
Crime is killing brick & mortar stores
Crime in America is completely out of control. Since looting is legal in Soros-backed blue cities, countless stores and businesses are fleeing. This is also occurring with the most basic stores, such as pharmacies and grocers. Countless stores have begun locking up their inventory, and shoppers must flag down an associate to purchase low-cost items. They […]
11/10/2023
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By Ramon Tomey
Beyond Meat struggles to address declining sales – people will always choose REAL over FAKE
Fake meat company Beyond Meat fell short of market expectations for its quarterly revenue, posting losses bigger than market estimates during a Nov. 8 post-earnings call. Executives from the El Segundo, California-based company said the percentage of people in the U.S. who believe plant-based meats are healthy is likely to have dropped further this year. […]
11/06/2023
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By Olivia Cook
Fake meat food bubble is bursting: Beyond Meat slashes revenue outlook, plans to cut jobs
Beyond Meat, Inc. announced on Thursday, Nov. 2., that it is slashing its revenue forecast for the second time in three months – a decline of as much as 21 percent from 2022. As it reduces operating expenses, the company also plans to eliminate 65 jobs, representing eight percent of its global workforce. The plant-based meat factory […]
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