From unfilled gas tanks to fewer frills, retailers see US consumers rethink spending

From unfilled gas tanks to fewer frills, retailers see US consumers rethink their spending

U.S. consumers cut spending after gas hit $4/gallon; warehouse clubs report sub-10-gallon purchases for the first time since 2022. As tax refunds deplete, lower-income pullback threatens B2C platforms, food service, and retail ad budgets.