Category: Consumer
-
The Reluctant British Consumer Is a Problem for Keir Starmer
•
Bread path links PMN Business For British consumers who are still reeling from the party’s first budget, the word Watchword warns. The author of the article: Bloomberg News Irina Angel It was published on February 23, 2025 • 4 minutes read You can save this article by registering for free…
-
Inflation fears push consumer confidence to 11-month low
•
Confidence has slipped in the event of the economy to its lowest level since last spring, according to the British Federation of retail (BRC). The latest monthly survey of the Commercial Authority -which was conducted between 2000 adults in the United Kingdom -shows the consumer confidence in a net balance…
-
Consumer confidence rebounds as spending sees biggest rise in two years
•
The spending of consumers in the UK witnessed its fastest growth in nearly two years last month, providing a boost that affects the need for economic morale, according to two major polls in the industry. The British Federation (BRC) reported that retail sales increased by 2.6 percent year on year…
-
Laopu Gold’s jewellery is selling like hot cakes despite tepid consumer spending in China
•
Lubo GoldA jeweler appeared in Beijing, known for his manual accessories, as a favorite The wealthy consumersWhere luxury global brands such as Louis Vuitton and Gucci are wrestling with lukewarm consumer spending in China and slow sales throughout the region. With only 36 stores in Greater China, the company listed…
-
Consumer confidence slumps to year-low as households brace for ‘dark days ahead’
•
Consumer confidence in the United Kingdom has decreased sharply to its lowest point in more than a year, according to the latest GFK data, indicating that families are pessimistic about both personal financial resources and the broader economic expectations. January numbers show the total consumer confidence index in GFK a…
-
Consumer protection agency closes the Biden era taking big swings
•
For the Consumer Financial Protection Bureau, the holiday season has been quite quiet. On Friday, the federal watchdog The organization that runs Zelle and three of the largest US banks have been charged over their handling of fraud on the popular payment platform. Monday brought two other major enforcement issues.…
-
Dow, S&P 500, Nasdaq futures hit pause in countdown to consumer inflation data
•
US stock futures were halted on Tuesday as investors moved cautiously on the eve of a closely watched consumer price inflation report that is seen as key to the path of interest rates. Dow Jones Industrial Average ( ) and S&P 500 ( ) futures are hovering around the flat…
-
Dow, S&P 500, Nasdaq futures hit pause in countdown to consumer inflation data
•
US stock futures were halted on Tuesday as investors moved cautiously on the eve of a closely watched consumer price inflation report that is seen as key to the path of interest rates. Dow Jones Industrial Average ( ) and S&P 500 ( ) futures are hovering around the flat…
-
The Key to Consumer Trust and Building Brand Loyalty
•
In today’s fast-paced and highly competitive market, companies must stay ahead by making informed pricing decisions. This is where price monitoring comes into play. At its core, price tracking involves systematically monitoring and analyzing the prices of products or services in the market. Businesses can adjust prices to remain competitive…
-
The Key to Consumer Trust and Building Brand Loyalty
•
In today’s fast-paced and highly competitive market, companies must stay ahead by making informed pricing decisions. This is where price monitoring comes into play. At its core, price tracking involves systematically monitoring and analyzing the prices of products or services in the market. Businesses can adjust prices to remain competitive…
-
Labour’s tax hikes dampen UK consumer and business confidence
•
Consumer and business confidence fell in the UK as Labour’s tax hike budget raised concerns about employment, rising costs and economic growth prospects. UK consumers and businesses have become more pessimistic about the state of the economy following Labour’s budget tax hike, which has raised concerns about employment and escalating…
-
HP earnings in line with expectations, CEO says tariffs would hit the consumer
•
All eyes are on demand for AI PCs and the HP Inc. CEO’s tariffs. (HPQ) Enrique Lloris entering 2025. “Some of this (potential tariff cost) should go to consumers given our gross margin in the categories. But again, we need to wait and see what the final tariffs are for…
-
Carrefour turns profitable for Electra Consumer Products
•
Electra Consumer Products Company (TSE: ECP), headed by Zvika Schwimmer and part of the Elco Group (TSE: ELCO) controlled by the Salkind brothers, continues to convert its Mega Winote Petan supermarket branches to Carrefour format, and after several years Tough, you’re starting to see the fruits of that effort. In…
-
Gin and tonic surpasses tea as Britain’s favourite drink amid shifting consumer preferences
•
Gin and tonic has overtaken tea as the country’s drink of choice, marking a major shift in British consumer habits. A recent study conducted as part of Bacardi’s sixth annual Cocktail Trends Report found that 44% of Britons now choose a G&T when meeting up with friends, narrowly exceeding the…
-
How your business can uphold consumer rights
•
“The customer is king”, this may be an old business adage, but in the context of Article 46 of the Constitution it is a reality as consumer rights are guaranteed. Article 46 gives citizens the right to obtain goods and services of reasonable quality, gives them the right to information,…
-
Consumer confidence dips ahead of Labour’s first Budget as concerns over tax rises grow
•
UK consumer confidence fell in October, as pessimism about the upcoming Budget outweighed optimism caused by lower inflation, according to the latest GfK Consumer Confidence Index. The index fell by one point to -21, recording its lowest reading since March, and highlighting the challenges the Labor government faces in boosting…
-
US October UMich prelim consumer sentiment 68.9 vs 70.8 expected
•
The final reading for September was 70.1 Current conditions 62.7 vs. 64.3 expected (previous 63.3) Expectations: 72.9 vs. 75.0 expected (previous 74.4) One-year inflation: 2.9% vs. 2.7% previously 5-year inflation 3.0% vs. 3.1% previously I do not attach much importance to this report because it is highly politicized and we…
-
Consumer credit and Fed speeches highlight Monday’s economic calendar By Investing.com
•
As traders approach another pivotal day for the financial markets, a series of critical decisions and economic data releases that could impact market dynamics are expected on Monday, October 7, 2024. The economic calendar for the day includes important speeches from Federal Reserve officials and consumer data releases. Credit data,…
-
US September UMich final consumer sentiment 70.1 vs 69.3 expected
•
Prelim was 69.0 The previous was 67.9 Current conditions 63.3 vs preliminary 62.9 (previous 61.3) Expectations 74.4 vs preliminary 73.0 (previous 72.1) One-year inflation: 2.7% vs. 2.7% initial 5-year inflation 3.1% vs 3.1% initial Final revisions are rarely a market driver, but the chart shows how different this picture is…
-
S&P, Dow open higher after fresh inflation, consumer spending data By Investing.com
•
Investing.com – U.S. stocks opened mostly higher on Friday after a batch of new economic data showed that the Federal Reserve’s preferred measure of inflation had slowed near its 2% target and that consumer spending growth was broadly flat. By 09:39 ET (13:39 GMT), the index had added 8 points,…