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War in Gulf, layoffs hit discretionary spends

War in Gulf, layoffs hit discretionary spends
War in Gulf, layoffs hit discretionary spendsConsumers are cutting back on discretionary spending, prioritizing essentials and value purchases due to war-driven uncertainty and layoffs. This shift is leading to slower sales for non-essential items, with companies focusing on value packs and smaller formats to maintain accessibility amidst rising costs and a cautious job market.

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