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Inside the holiday spending outlook

From shopping to services, consumer spending is showing strength across categories. Holiday shopping got an early start, and it’s not just higher earners filling their carts. Bank of America Institute sees continued spending growth recovery for lower- and middle-income households.

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Chedraui Launches Retail Media Unit

Mexican supermarket giant Grupo Comercial Chedraui is entering the high-margin advertising business with the launch of Chedraui Media, while committing MX$7.8 billion pesos (US$417 million) to open 245 stores in the State of Mexico, leveraging its domestic scale to offset consumer…

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