Consumer Spending

Brown-Forman To Trim Around 12% Of Global Workforce

Brown-Forman has announced plans to lay off about 12% of its global workforce of 5,400 employees, as the Jack Daniel's maker looks to reduce costs amid wea...

Conad Sees Above Average Market Growth In 2024

Italian grocery retailer Conad has reported a 2024 turnover of €21.1 billion, representing a 4.5% increase compared to the previous year.

US Retail Sales Beat Expectations In November

US retail sales increased more than expected in November amid an acceleration in motor vehicle purchases, consistent with strong underlying momentum in the...

Dollar General Flags Profit Margin Squeeze From Holiday Discounts

Dollar General warned that profit margins would be pressured in the holiday quarter due to higher promotions and discounts.

Canada's Loblaw Hurt By Weak Demand For Household Items, Misses Q3 Revenue Estimates

Canadian supermarket retailer Loblaw Companies missed third-quarter revenue estimates, hurt by a slowdown in the demand for its non-essential goods such as...

Esselunga Group Reports Higher Revenue, Lower Profit In First Half

Italian grocery retailer Esselunga has released its half-year report, reflecting increased revenue and lower margins.

UK Consumer Spending Rises Ahead Of Annual Budget, Surveys Show

British shoppers increased their spending moderately in annual terms last month despite industry concerns about tax rises in finance minister Rachel Reeves...

French Consumer Spending Declined In Second Quarter: NIQ

Consumer spending in France declined for the first time in two years by 2.8% in the second quarter of 2024 to €57.6 billion, according to the latest d...