A little retail therapy, anyone?
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 16 July 2026
⏱️ 9 minutes
🧾️ Download transcript
Summary
Later today, we'll get retail sales figures from the Census Bureau. Consumers are pretty stressed right now and don’t like the prices they’re paying at the grocery store and gas station. However, they are still splurging on things that bring them joy. Plus, Spain and Argentina will face off for the World Cup final on Sunday. This morning, we'll dissect the political and financial costs for some national soccer clubs that didn't make it that far.
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| 0:00.0 | For decades, companies built their procurement and supply chains around cost and efficiency. |
| 0:05.7 | Today, that's no longer enough. |
| 0:08.1 | Wars, trade conflicts, and the regionalization of trade have changed the rules. |
| 0:13.2 | Companies still need to control costs, but they also need to reduce risk and respond faster to disruptions and shocks. |
| 0:20.6 | GEP helps the world's leading enterprises do exactly that. |
| 0:24.8 | Through its AI-native quantum intelligence platform and services, |
| 0:28.8 | GEP helps companies gain visibility, predict and manage risk, |
| 0:32.9 | and make smarter capital investments across their global value chain. |
| 0:36.6 | More than 7,000 employees across 30 offices support over 1,000 organizations worldwide. |
| 0:43.6 | GEP combines agenic AI with three decades of procurement and supply chain data and expertise. |
| 0:50.7 | Learn more at gEP.com. |
| 0:55.4 | Looking ahead to data on consumer spending and the costs of losing in the World Cup. |
| 1:01.9 | From Marketplace in New York, I'm Kimberly Adams. |
| 1:04.7 | It's already been a big week for economic data. |
| 1:07.3 | We got inflation measures for consumers and producers, |
| 1:10.3 | both showing prices rising more slowly than experts expected. Later today, we'll learn how consumers responded to those prices in June when we get monthly retail sales data from the U.S. Census Bureau, which provides a snapshot of how we spent our shopping dollars. Marketplace's Nancy Marshall-Gins Gins has this consumer pulse check on the trends informing those |
| 1:29.9 | numbers. |
| 1:30.9 | Consumers are stressed. |
| 1:32.5 | They don't like the prices they're paying at the grocery store and the gas station. |
| 1:36.2 | But splurging once in a while can make them feel better. |
| 1:39.4 | Retail therapy, anyone? |
| 1:41.0 | So I impulse bought these little side tables from TikTok shop. |
... |
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