Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices. Here are some of the trends – and dead ends – that The Associated Press tracked in 2024.
Americans stepped up their spending at retailers, restaurants, and auto dealers last month, a sign of consumer resilience as the holiday shopping season begins amid painfully high inflation and rising interest rates.
With inflation surging, retailers are resorting to fortune-tellers to plan their strategies for the next quarter.
Target is canceling orders from suppliers, particularly for home goods and clothing, and it’s slashing prices further to clear out amassed inventory ahead of the critical fall and holiday shopping seasons.
Online sales at Target more than doubled as the pandemic put millions in lockdown during the first quarter, revealing further the critical role big box stores played in getting supplies to an immobilized population.
Target Corp.’s latest small-format urban store format is opening its first downtown Boston location.
Target plans to open a 27,000-square-foot store in the Fields Corner section of the Boston neighborhood next year.
Citizens Financial Group will consolidate three offices at a new “consumer hub” at University Station in Westwood after receiving a $2.5 million local tax break package.
