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Retail spending rose by 1.7% from February to March. Experts said people are spending their tax refunds and increasingly turning to credit — even for groceries.
Driven by the younger generations, consumers are turning to online resale options in search of affordability, sustainability, and the thrill of the hunt.
David has been a fan of Graffeo Coffee since he was a young reporter at KQED in San Francisco. Now, he’s checking in with the co-owner as part of his “Business Envy” series.
The sustainable shoe company was once valued at $4 billion. But now Allbirds is being sold to the brand management firm American Exchange Group for just $39 million.
A wave of consolidation is reshaping the middle aisles of the grocery store, as conglomerates sell off food brands to focus on their core businesses. Experts say as fewer companies control more of the market, it gets easier for them to raise prices.
Silver and gold prices are up more than 60% and 20% over the past six months, respectively. That means repricing and worry for the owner of Agapantha Jewelry in Torrance, CA.
