Economy

Walmart Changes Starting Pay Structure For Entry-Level Store Workers

Walmart is changing the hourly starting wage structure for entry-level store workers, as companies seek to reduce costs in a slowing job market.

Rise In Italy's Retail Sales In July Driven By Supermarkets

Italian retail trade rose marginally in July as large-scale food distribution pushed up sales, the latest data showed.

German Exporters See Decline In Trade In 2023: BGA

Most German exporters see trade declining or even strongly declining in 2023, the Federation of German Wholesale, Foreign Trade and Services (BGA) has said...

Retailer WH Smith's Annual Revenue Jumps 28% On Summer Travel Demand

British retailer WH Smith said its annual revenue jumped 28%, boosted by strong demand during a busy summer travel season, but fell short of a re...

UK Consumers 'Very Thoughtful' On Big Ticket Spending, Asda Chair Says

People in the UK are thinking very hard about spending on so-called big ticket items, the chairman of supermarket Asda has said.

UK Consumer Spending Growth Slows In August: Barclays

British consumer spending growth lost pace last month, adding to signs of a weakening economy, despite a doubling in cinema takings after the release of th...

German Consumer Sentiment Remains Low In September, HDE Says

Sentiment among consumers in Germany continued to remain level in September, with no increase seen since October 2022, according to the latest consumer bar...