US Treasury Cuts Costs by Axing the Penny: What it Means for Retailers

The penny’s swan song – likely to occur next year – may save millions, but it won’t shake 99-cent psychology in retail pricing.

What Killed Kmart? Key Retail Missteps Led to Demise

Kmart’s downfall, accelerated by poor management and failure to adapt to modern retail trends, ended with the recent closure of its last full-size U.S. store. Experts say there are lessons to be learned from Kmart’s demise.

Luxury Fruit is Now a Status Symbol

From $8 strawberries to $400 pineapples, a niche group of U.S. shoppers are paying top dollar for premium fruits.

Growing Consumer Anxiety Dictating Americans’ Spending

Increasing consumer anxiety plagues Americans as uncertainty about the future looms. From inflation to military conflict and weather disasters, consumers have a lot on their minds at the outset of 2024. Food Technology released its …

Coca-Cola Finds Marketing Success by Sidestepping Controversy

When was the last time you heard “controversy” and “Coca-Cola” in the same sentence? Not in recent months. The venerable company has made a concerted effort to avoid culture wars and political stances while also …