
Gas prices reached $4 per gallon and prompted increased fuel purchases by Costco members who are stocking up in anticipation of further price rises. Retailers report consumers are adjusting spending habits with more frequent gas station visits and reduced trips to furniture and clothing stores. The shift is observed across demographics but remains uneven. Consumers appear resilient in spending despite rising fuel costs.
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Costco's secret weapon surpasses ultra-low gas prices
Summary by ByteBrief