Christmas

Two-Thirds Of UK Shoppers To Cut Festive Spending This Year

Over two-thirds of British adults are planning to cut back on festive spending this year due to a worsening cost-of-living crisis, according to a survey pu...

Half Of UK Shoppers To Spend Less This Christmas: Kantar

Half of UK shoppers plan to spend less on Christmas this year as a cost-of-living crisis curtails their purchasing power, market researcher Kantar said.

German Union Calls On Amazon Workers To Strike During Sale

German trade union Verdi called on workers at nine Amazon distribution centres across Germany to go on strike this week, during the company's second major...

Maersk CEO Expects 'Modest' Pick-Up In Trade For Holiday Season

A.P. Moller-Maersk's chief executive said he expects a "modest" pick-up in trade for the upcoming holidays this year amid concerns about the slow...

Premier Foods Expects Annual Earnings Above Estimates

Premier Foods expects its full-year profits to come in above market expectations, after consumers splurged on its products during the festive season.

Omicron Impacts Christmas Shopping In The UK: IGD

Christmas shopping took a different turn for shoppers in the UK amid rising uncertainty due to the Omicron variant, the latest research by ShopperVista fro...

Tesco Upgrades Profit Outlook Following Strong Christmas Trading

Tesco has raised its profit outlook for the second time in four months as it reported a rise in Christmas sales despite a tough comparative with 2020 when...

Supply Chain Snarls Clog U.S. Online Holiday Sales Growth

U.S. consumer spending on online shopping during the holiday season was weaker than expected, Adobe Analytics data showed, as supply chain issues caused pr...