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Gen Z Discovers Costco , Sam's Club and the Joy of Buying Groceries in Bulk
With food prices still high, shoppers look for ways to team up with roommates, neighbors and family
Young adults are battling sticker shock at the grocery store by supersizing their groceries. They are turning to bulk purchases, splitting their food costs with friends, roommates, family and neighbors.
Shoppers in their 20s and 30s are trying to fight higher prices by joining warehouse-store giants such as Costco and Sam's Club.
Generation Z shoppers represent the fastest-growing member group at Walmart-owned Sam's Club...
Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households
Primerica, Inc. (NYSE: PRI), a leading provider of financial services in the United States and Canada, announced today the release of the Primerica Household Budget Index™ (HBI™), a monthly index illustrating the purchasing power of U.S. middle-income households with incomes between $30,000 and $130,000. In August 2023, the average purchasing power for U.S. middle-income households was 97.4%, down from 97.5% in July 2023. A year ago, in August 2022, the index stood at 88.6%...
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