Consumer Spending

Nestlé To Examine Banking Relationships Following Takeover Of Credit Suisse

Food giant Nestlé will examine its banking relationships following the planned takeover of Credit Suisse by UBS, the food group's chief executive Ma...

Dollar General Misses Quarterly Estimates As Discretionary Spending Wanes

Dollar General missed market estimates for quarterly same-store sales as Americans curtailed discretionary spending amid stubbornly high inflation, and win...

SPAR, EUROSPAR To Invest €65m To Expand Network In Ireland

SPAR and EUROSPAR plan to add 60 new stores to their combined network in Ireland by 2025, taking the total number of stores to 525 across the country.

PepsiCo's Price Increases Drive Quarterly Results Beat, Hikes Dividend

PepsiCo Inc on Thursday beat analysts' estimates for fourth-quarter revenue and profit, helped by price hikes undertaken by the beverage company to tackle...

World Cup Drinkers Boost UK GDP, Easing Recession Risk

Britain's economy unexpectedly eked out some growth in November after a boost from World Cup drinkers and video game sales, reduci...

US Retail Sales Fall After Hefty Gains, Labour Market Still Tight

US retail sales fell more than expected in November, but consumer spending remains supported by a tight labour market, with the number of Americans filing...

Costco Quarterly Results Miss Estimates As Demand Weakens, Costs Jump

Costco Wholesale Corp has reported first-quarter results that missed analysts' estimates, with surging inflation pushing consumers to cut back spending and...

UK Consumer Spending Fails To Keep Pace With Inflation, Surveys Show

British consumer spending ticked up last month at a rate that greatly lagged behind inflation, according to surveys on Tuesday that underscored the pressur...