CONSUMER BEHAVIOR

Jan 29 2025ENVIRONMENT

Why Aren't More People Choosing Plant-Based Meat at Restaurants?

Did you know that dining out can significantly impact our planet? One way to reduce this impact is by eating less meat and more plant-based alternatives. However, despite the benefits, plant-based meats aren't very popular in restaurants. Why is that? A recent study dug into this question using the

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Dec 31 2024LIFESTYLE

Walmart's Affordable Handbag: The Birkin Alternative Taking Over

People are buzzing about Walmart's version of the famous Hermès Birkin bag, nicknamed the "Wirkin. " This leather handbag is a budget-friendly alternative to the luxurious French brand. Priced between $78 and $128, it has quickly become popular, appearing to sell out on Walmart's website due to soci

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Dec 30 2024BUSINESS

Shopping in 2024: A Year of Savvy Spenders and Budget Dining

In 2024, shoppers and diners in the U. S. were more careful with their money. High housing and food prices made people choosy about where they spent. Wealthy folks, for instance, started shopping at stores like Walmart and Aldi instead of pricier places. Eating out? People opted for fast food or coo

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Dec 21 2024FINANCE

Holiday Gifts: $10B Down the Drain, Half Disliked

This holiday season, Americans are set to overspend on unwanted gifts, racking up a whopping $10. 1 billion in disappointing presents. That's right, nearly 53% of adults in the US will unwrap at least one gift they don't like. The average cost of these unwanted gifts has risen to $72, up from $66 la

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Dec 02 2024FINANCE

Shoppers Prefer Phones Over Stores This Black Friday

This year, Black Friday saw a big change in how people shopped. Instead of heading to stores, many Americans chose to shop online using their phones and computers. Stores didn't see much growth in sales, only about 0. 7% more than last year. But online sales jumped by a whopping 14. 6%! A data firm

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Nov 21 2024BUSINESS

Tackling Consumer Overconfidence: A Smart Way to Price Services

Imagine you’re a service provider, and your customers are a bit too confident about how much they'll use your services. This overconfidence can mess with your pricing strategy. Traditional pricing models assume customers are rational, but we all know that’s not always the case! Overconfident custome

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Nov 20 2024POLITICS

Why Do We Shun Neutral Things Just Because the 'Other Side' Likes Them?

Have you ever avoided something you normally like just because someone from the "other side" of the political spectrum enjoys it too? This study shows that people in Sweden often distance themselves from simple things like clothes and chocolates when they find out these items are favored by politica

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Nov 01 2024TECHNOLOGY

iPhone Sales Jump as AI Technology Arrives

Apple has seen a 6% increase in iPhone sales for the July-September period, totaling $46. 22 billion. This boost comes after two consecutive quarters of decline, suggesting that Apple's recent focus on artificial intelligence is starting to pay off. The iPhone's success helped Apple's overall revenu

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Oct 16 2024BUSINESS

Walgreens: Closing Doors, Seeking Fresh Start

Walgreens is shutting down about 1,200 of its stores in the U.S. This move comes as the drugstore chain faces challenges like reduced prescription payouts, increased costs, and competition from online retailers and rivals with lower prices. The pandemic boost from COVID-19 vaccinations has also worn

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Oct 02 2024ENVIRONMENT

The Price of Coffee: Climate Change's Hidden Cost

Ever thought about what makes your favorite coffee so expensive? It's not just the fancy brewing methods or trendy cafes. The main culprit is climate change, which is making it harder to grow the beans. Countries like Vietnam and Brazil, which produce a lot of the world's coffee, are facing droughts

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