Claire Tassin, retail and e-commerce analyst at Morning Consult joined Cheddar News to discuss misses from retailers on Q4 earnings as well as Bed Bath & Beyonds rumored potential bankruptcy. "We're starting to see consumers lean more and more on debt and savings in order to continue to afford what they need to. So that's not really a strong set up for 2023," she said.
Share:
More In Business
Prince Harry Settles a Tabloid Phone Hacking Claim
Prince Harry has reached an out-of-court settlement with a tabloid newspaper publisher that invaded his privacy with phone hacking and other illegal snooping. Attorney David Sherborne said that Mirror Group Newspapers had agreed to pay Harry’ “substantial” costs and damages.
'Whistling Sound' Heard on Previous Boeing Max 9 Flight Before Door Plug Blowout, Lawsuit Alleges
An attorney representing passengers of an Alaska Airlines flight that lost a door plug in midair says a “whistling sound” was heard on a previous flight of the same Boeing 737 Max 9.
Big Business This Week: Typos, a Hail Mary, and the Last Wildcatter
Lyft made a big whoopsie, 23 and Me has a plan for your DNA (and its share price), an oil baron calls it quits, and much, much more.
Big Business This Week: Sports, More Sports, Struggling Banks, And…Disney
Streaming becomes harder to distinguish from cable, regional bankers sweat a bit more, and Adam Neumann wants to regain custody of brainchild WeWork.
The $7 Million Question: Which Super Bowl Ad Will Win?
What do Arnold Schwarzenegger, Aubrey Plaza, and Tom Brady all have in common? You'll see them on Super Bowl Sunday, but not on the field. If you only watch the Super Bowl for the ads, here's a sneak peek.
Hung Up for Good: FCC Bans AI-Generated Robocall Voices
The Federal Communications Commission knows (to loosely quote Drake) "when that [AI robocall] hotline bling, that can only mean one thing" — deception. The agency says bad actors have been using these voices to misinform voters.
Disney’s Entertainment Takeover
David Stryzewski, CEO of Sound Planning Group, breaks down Disney’s latest results, from adding Taylor Swift to building out ESPN, and why Bob Iger’s leadership is crucial.
The Super Bowl Is Always Expensive, But This Year Is Super-Dee-Duper Expensive
Vegas and the Super Bowl could be a match made in money-making heaven. We'll take you through some big numbers for the Big Game.
OneUnited Bank CEO on the Power of ‘Financial Wellness’
Kevin Cohee, CEO and chairman of OneUnited Bank, discusses the power of financial literacy and how education and technology can help bridge the racial wealth gap.
