Consumers

Record Food Inflation Figures Putting Pressure on UK Households: McKinsey

The news that food and non-alcoholic beverage inflation is running at 18.2% in the UK is likely to eat into a "significant proportion of disposable in...

Amazon To Cut 9,000 Jobs In Second Round Of Layoffs

Amazon said on Monday it would cut 9,000 jobs, making it the latest Big Tech company to announce a second round of layoffs in the face of a possible recess...

Euro Zone Consumers Cut Food Spending As Inflation Bites: Eurostat

Euro zone consumers cut spending on food, drinks and tobacco for the second straight month in May amid a spike of prices, according to latest est...

UK Food Price Inflation Of 15% Is Coming, IGD Warns

Food price inflation in Britain is likely to peak at up to 15% this summer and will remain at high levels into 2023, IGD has warned, dealing another blow t...

Swiss Retail Sales Likely To Drop In 2022: Credit Suisse

Swiss retail sales are set to drop 4.1% this year after pent-up demand during pandemic-hit 2021 dissipates, Credit Suisse analysts have said.

Walmart Plans To Expand InHome Delivery To 30m Homes In 2022

Walmart has announced that it will expand its InHome delivery service to 30 million US households by the end of this year.

British Retail Sales Soared In March Ahead Of Lockdown Easing

British retail sales rocketed last month as consumers prepared for a partial lifting of coronavirus lockdown restrictions, according to official data which...

Carrefour Spain Lowers Prices Of Over 1,000 Items

Carrefour Spain is lowering the price of over 1,000 own-brand products and reducing the cost of a further 600 own- and national-brand products to €0.9...