Maxed-Out US Shoppers Drive ‘Mini Effect’ as Lowe’s, Trader Joe’s Lean In
Maxed-Out US Shoppers Drive ‘Mini Effect’ as Lowe’s, Trader Joe’s Lean In
CoinLive
Tepid wage growth and stubborn inflation are holding US shoppers back from big purchases, pushing demand toward smaller-sized items in what’s being called the “mini effect,” according to Bloomberg. Retailers including Lowe’s and Trader Joe’s are leaning into the growing appetite for tiny things as consumers adjust spending.
