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GlobalData: Japanese economy poised for moderate 1% growth in 2023, the same as 2022, as it still faces high price levels, particularly food prices; real household consumption expenditure expected to gain 0.9% in 2023, down from 2.1% growth in 2022

Dollar General CEO says customers are having to rely more on food banks, savings, credit cards amid inflation, reduced government benefits; customers are also buying fewer items per basket, buying closer to their payday and the first of the month

Major retailers including Walmart, Foot Locker face challenging back-to-school shopping season amid uncertain demand for discretionary items, including clothing and sneakers, when cost of necessities, such as pencils and notebooks, strains many households

Motley Fool names Freshpet among pet stocks considered 'best in show,' noting consumers won't downgrade dog and cat food even if economy softens; once a pet's diet is upgraded to fresh food, pet owners won't go back to dry kibble

Commentary: Weak profit forecasts from retailers such as Macy's, Dollar General underscore fragile health of US consumer as inflation curbs spending; B Riley says 'goods demand has fallen off a cliff,' noting shift in consumption from goods to services

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