Recession

Dollar Tree Sees Weak 2023 Profit As Costs Mount, Shoppers Curb Spending

Dollar Tree forecast full-year profit below Wall Street estimates on Wednesday, as costs mount and consumers restrict spending on discretionary products li...

8 Private-Label Trends To Watch Out For In 2023

ESM examines some private-label trends to keep an eye on as the year progresses.

Top Global Retailers See 1.3% Decline In Cumulative Market Capitalisation In Q4 2022: GlobalData

The world's top 25 retailers have witnessed a 1.3% quarter-on-quarter decline in their cumulative market capitalisation, from $3.37 trillion in the third q...

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...

German Economy Beats Expectations With 0.4% Growth In Q3

The German economy grew slightly more in the third quarter than preliminary figures suggested, bolstered by consumer spending, data showed on Friday.

German Consumer Sentiment Sees Small, And Fleeting, Reprieve: GfK

German consumer morale is expected to recover slightly in November, though talk of a trend reversal is far too early at this point, according to a new GfK...

UK Consumer Spending Lags Far Behind Inflation, Says BRC, Barclaycard

British consumer spending grew last month at a rate that lagged behind inflation by a long way, according to new surveys that underline the risk of recessi...

German Retail Sales, Industrial Output Fall As Inflation Tightens Grip

Data on Friday showed inflation's tightening stranglehold on the German economy, with a surge in import prices and falls in industrial output and retail sa...