consumer-perception
Top StoriesExplainer-What Is Black Friday? And Will Shoppers Find Bargains This Year?
Top StoriesAnalysis-Santa’s Sleigh to Be Lighter as People Buy Fewer Toys
Top StoriesM&s Upbeat on Christmas in UK While Ahold Flags US Weakness
Top StoriesAdidas Says Demand for Samba Shoes Far Outstrips Supply
UK Online Sales to Grow 2.7% in Christmas Shopping Season -Adobe Report
Date: November 9, 2023
UK online sales to grow 2.7% in Christmas shopping season -Adobe report LONDON (Reuters) – UK online sales in the Christmas trading season are expected to rise 2.7% from a year earlier despite ongoing pressures on the cost of living, according to a report from Adobe Analytics published on Wednesday. UK shoppers will spend 24.1...
Jewellery Maker Pandora Raises Sales Forecast After Q3 Profit Beat
Date: November 9, 2023
Jewellery maker Pandora raises sales forecast after Q3 profit beat COPENHAGEN (Reuters) – Danish jewellery maker Pandora reported a smaller than expected drop in third-quarter profit on Wednesday as more shoppers came to its stores, and raised its full-year sales outlook, sending its shares up. The company, known for its bracelets and charms, said that...
UK’s M&s Cautious on 2024 Outlook After First-Half Profit Beats Expectations
Date: November 8, 2023
UK’s M&S cautious on 2024 outlook after first-half profit beats expectations By James Davey LONDON (Reuters) – British retailer Marks & Spencer reported a much better-than-expected 75% rise in first-half profit and restored its dividend but cautioned the combination of high borrowing costs, erratic weather and geopolitical events may soon weigh on shoppers. After more...
Apple’s Holiday-Quarter Forecast Faces Threat From Huawei, Weak China Market
Date: November 1, 2023
Apple’s holiday-quarter forecast faces threat from Huawei, weak China market By Yuvraj Malik (Reuters) – Apple investors will have one big question when the world’s most valuable company reports earnings on Thursday – will Huawei’s resurgence in China dampen its holiday-quarter expectations? The company, which will post results for the July-September period, is grappling with...
UK Retailers Suffer Joint-Worst October on Record: Cbi
Date: October 26, 2023
UK retailers suffer joint-worst October on record: CBI LONDON (Reuters) – British retailers reported their joint-worst October for sales volumes on record and they expect another difficult time in November as households struggle with the higher cost of living, a Confederation of British Industry survey showed on Thursday. The CBI’s monthly retail sales balance, a...
Price Rises Slow, but Unilever and Others Struggle to Win Shoppers Back
Date: October 26, 2023
Price rises slow, but Unilever and others struggle to win shoppers back By Richa Naidu LONDON (Reuters) -Packaged goods makers including Unilever and Nestle disappointed investors with weak third-quarter sales volumes, but that could change in the coming months as price increases moderate. Companies have hiked prices since the COVID-19 pandemic to make up for...