Good morning and Happy Friday! I’m Betty Lynn Fisher for Friday’s consumer edition of “The Daily Money.”
Temu may be a popular online site for holiday shopping, but the Consumer Federation of America is warning shoppers to be careful in a new report.
Consumer advocates aggregated complaints and lawsuits against the low-cost retailer from multiple attorneys general across the country.
USA TODAY exclusively covered the report and warning.
Value shoppers go to Walmart.
My colleague Jessica Guinn says Walmart is poised to make the most of the affordability crisis as inflation-stressed shoppers worry about the economy.
The company said its U.S. sales rose nearly 5% last quarter due to increased shopper visits and spending. E-commerce sales also increased by more than 25% compared to the previous year.
It’s not alone. Other retailers are also expressing optimism about the holiday season, although some are lowering their profit forecasts.
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Finally, here are some popular articles from earlier this year that you may have missed. Please share. Fast food was once an inexpensive meal option for families. Not so much anymore. What about fast food restaurants and their prices?
Betty Lin-Fisher is a consumer reporter for USA TODAY. Contact her at blinfisher@USATODAY.com or follow her at @blinfisher on X, Facebook and Instagram and @blinfisher.bsky.social on Bluesky.. Sign up for our free The Daily Money newsletter, breaking down complex consumer and financial news. Subscribe here.
