Category: Shoppers

  • Grocery inflation eases as supermarkets ramp up promotions for savvy shoppers

    Grocers in the United Kingdom slowed for the first time in six months, providing a comfort for families who are struggling with the pressure of continuous living costs. According to the latest data from Kantar, supermarket prices increased by 3.3 % in January, a decrease from 3.7 % in December.…

  • Australia shoppers lured by discounts, shore up economy in 4Q

    By Wayne Cole Sydney (Reuters) – Australian retail sales decreased in December, when they are proud of the black Friday in the previous month, but the opponent helped the shoppers to make an urgent contribution to economic growth throughout the entire fourth quarter. The Australian Statistical Office (ABS) data showed…

  • Festive golden quarter falls short for UK retailers as shoppers hold back

    Britain’s retailers were dealt another blow after budget-conscious consumers reined in their Christmas spending, disappointing hopes for a bumper festive season and leaving the ‘golden quarter’ with only weak growth. Figures from the British Retail Consortium (BRC) and retail sales watchdog KPMG show that overall sales rose by just 0.4…

  • Small businesses say cautious shoppers are seeking ‘cozy’ and ‘festive’ this holiday season

    Breadcrumb links PMN BMN Business Article writer: Associated Press May Anderson Posted on December 15, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content After a busy Black Friday weekend, Christine Tarnoll, owner of…

  • Target sees muted holiday quarter as budget-focused shoppers seek value, shares tumble

    Written by Saviyata Mishra (Reuters) – Target sales for the holiday quarter and earnings fell short of estimates on Wednesday as value-conscious consumers shopped for low-priced basics at rival retailers including Walmart, sending its shares down 18% in pre-market trading. The U.S. retailer now expects similarly flat sales in the…

  • US holiday spending on buy now, pay later to hit record due to debt-laden shoppers By Reuters

    Written by Ariana McLemore NEW YORK (Reuters) – U.S. shoppers are expected to spend a record $18.5 billion using third-party buy-now, pay-later services on holiday purchases in the fourth quarter, according to a forecast released by data firm Adobe Analytics on Wednesday. With many Americans in debt recently, spending on…

  • Kroger-Albertsons merger hurts shoppers, FTC says at trial By Reuters

    By Judy Goodway, Deborah Bloom PORTLAND, Ore. (Reuters) – The U.S. Federal Trade Commission began a trial on Monday in its attempt to block Kroger’s $25 billion merger with Albertsons, telling a federal judge in Portland, Oregon, that the deal would eliminate competition among major grocery chains and hit consumers’…

  • Riots cause 4.8% decline in footfall on UK high streets as shoppers avoid areas amid looting fears

    Shopper numbers on UK high streets fell by 4.8% between Sunday and Wednesday, as recent riots across England and Belfast deterred shoppers, leading to widespread vandalism and looting. The fall, reported by property software company MRI Software, significantly outpaces the 2.7% fall seen across all UK retail destinations, including out-of-town…