Consumers Are Looking For Cheaper Alternatives
b'How do rising inflation costs impact consumer activity? "U.S. retail sales fell 0.3% in May, relative to April. In numerous facets of the retail sector, consumers are now trading down \\u2014 meaning that they\\u2019re looking for cheaper alternatives to the products and services they typically buy. Among the brands mentioned in the report are McDonald\\u2019s, Chipotle, Target, H-E-B, Walmart Neighborhood Market, Ross Dress for Less, Citi Trends, Five Below, and Dollar General," says Ethan Chernofsky.'