KPMG

UK Consumers Slow Spending In May As Rising Food Costs Bite

British retail sales growth slowed to a seven-month low in May as soaring food prices prompted shoppers to rein in spending on non-essential items and dash...

UK Retailers Struggle But Consumers Spend On Films And Holidays

Spending by shoppers at British retailers grew less quickly in January but the overall picture looked a bit brighter as consumers treated themselves to cin...

Lidl Portugal Generates Over €7bn For Portuguese Economy

Lidl Portugal generated over €7 billion for the Portuguese economy in the period from 2019-2021, according to a study carried out by KPMG.

UK Shoppers, Feeling The Inflation Hit, Cut Back On Non-Essentials

British shoppers are cutting back on purchases of clothes and other non-essential items as they try to cover their sky-rocketing utility bills and higher f...

U.S. Regulators To Vet Alibaba, JD.com, Other Chinese Firms' Audits: Sources

U.S. regulators have selected e-commerce majors Alibaba Group Holding Ltd and JD.com Inc among other U.S.-listed Chinese companies for audit inspection sta...

UK Retailers Suffer Weakest July Sales Growth On Record: BRC

Major British retailers reported the weakest July sales growth since records began more than 20 years ago on Tuesday, and overall consumer spendi...

Lidl Portugal Contributed Over €2bn To Portuguese Economy In 2018

Lidl Portugal contributed an estimated €2.1 billion towards the Portuguese economy in 2018, which corresponds to 1% of the country's GDP, according to...

Two-Fifths Of CEOs Believe Their Business Is ‘Not Adapting Quick Enough’ To Change

While more than 65% of CEOs agree their organisation fosters a culture of innovation and disruption, 40% are not adapting successfully, a new study has fou...