Consumer discretionary is a term for goods and services that are non-essential products. For example, rice and wheat would be considered essential items. Meanwhile, cars and streaming services are non ...

Prefer Newsweek on Google to see more of our trusted coverage when you search. Size will matter more for Americans in the coming months as rising costs spur manufacturers to make products smaller.

“Organizations are leaning into AI for their innovation research,” Evans said. General Mills, for example, has used AI to ...

Learn about the income effect, along with how changes in consumer income affect demand, and its impact on normal and inferior ...

Discover how inelastic demand keeps consumer habits stable despite price changes, along with examples, insights, and a deep ...

Consumer packaged goods are essential, everyday low-cost items that need frequent replenishing. E-commerce growth and COVID-19 significantly increased online CPG shopping. Challenges like inflation ...

The way in which consumers are influenced by emotions in the decision-making process has become evident in the last couple of decades. Traditionally, consumers have been asked ‘how they feel about ...

Consumer staples and consumer discretionary have one thing in common: they affect consumers. In falling stock markets and weak economic climates, the term "consumer staples" became more familiar in ...

Last year, AI clearly moved from novelty to expectation. Hyper-personalisation ceased to be optional and became a competitive baseline, brands that failed here struggled to retain relevance. Studies ...