consumer-perception
BankingWhy Secured Credit Cards Are the Solution to the New Majority Funding Gap
BusinessThe Hospitality Sector Has Reached a Tipping Point, What Can We Do?
BusinessCracking the Code of Customers’ Future Value in Retail
BankingUK’s Cost-Of-Living Crisis Puts the Spotlight on Banks to Aid Recovery
UK Pub Operator Wetherspoon’s Loss Narrows Despite Higher Costs
Date: October 7, 2022
(Reuters) -British pub operator J D Wetherspoon’s annual loss narrowed from a year ago, even as the company battled soaring energy and labour costs. Pub groups in Britain, still reeling from the COVID-19 pandemic, are now grappling with rising costs of everything from labour and ingredients to energy, and the threat of lower consumer spending...
German Retail Sales Dip More Than Forecast in August
Date: October 7, 2022
BERLIN (Reuters) – German retail sales fell by a slightly more-than-forecast 1.3% in August compared to the previous month, data showed on Friday. Analysts polled by Reuters had forecast a 1.1% dip in price-adjusted terms. (Reporting by Rachel More; Editing by Maria Sheahan)...
Tesco Lowers Profit Sights as British Shoppers Face Winter Crunch
Date: October 5, 2022
By James Davey LONDON (Reuters) -Tesco, Britain’s biggest retailer, forecast full-year profit at the lower end of its previous guidance, blaming uncertainty over how consumer spending will evolve amid a worsening cost-of-living squeeze. Confidence among Britain’s shoppers sank to a record low last month as they struggle with soaring inflation – even before the government’s...
Tesla’s Logistical Challenges Overshadow Record Deliveries
Date: October 3, 2022
By Hyunjoo Jin and Mrinmay Dey -Tesla Inc on Sunday announced lower-than-expected electric vehicle deliveries in the third quarter, as logistical challenges overshadowed its record deliveries. The top electric car maker said “it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost,” but some analysts were also concerned about demand...
Shocked by Gas Bills, Thrifty Dutch Stockpile Coal, Wood for Winter
Date: September 30, 2022
By Stephanie van den Berg VEENENDAAL, Netherlands (Reuters) – The budget-conscious Dutch, who enjoyed abundant cheap gas for half a century to heat their homes, are turning to more traditional heating methods as cold weather reaches the Netherlands. Sales of coal, wood and pellets for heating stoves have jumped as consumers seek cheaper energy alternatives...
Pizza Group Dp Eurasia Sharpens Turkish Focus as Russia Risk High
Date: September 30, 2022
By Federica Mileo and Valentine Baldassari (Reuters) – DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, said on Friday the group would focus on its Turkish market and growing its coffee business, as Western sanctions and the uncertainty of war overshadow Russian sales. “The Turkish market has been growing faster than...