consumer-perception
Top StoriesAverage Annual UK Grocery Bill Highest Since at Least 2008 -Industry Data
Top StoriesCash-Strapped Britons Give up Pets as Living Costs Soar
Top StoriesExplainer-Why Europe Faces Climbing Energy Bills
InvestingFTSE 100 up as AstraZeneca Gains Offset Commodity Losses
UK’s Truss Says Energy Firm Profit Is Not Evil as Bill Forecasts Soar
Date: August 12, 2022
By William James and Susanna Twidale LONDON (Reuters) -British leadership candidate Liz Truss, the front-runner to become prime minister, said that while energy giants should be held to account their profits should not be seen as either dirty or evil. Her comments came as analysts forecast a cap on the most widely used household energy...
Inflation Steers Budget Shoppers Away From Walmart. Bringing Them Back May Not Be Easy
Date: August 12, 2022
By Arriana McLymore and Siddharth Cavale (Reuters) – Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted for the neighborhood dollar store or Aldi rather than driving farther to a Walmart Supercenter when gasoline was $5 a gallon. While gasoline prices have dropped nearly 20% over the past month, there are...
Spotlight on Brazil: Consumer Payments Trends 2022
Date: August 11, 2022
With high smartphone adoption, a burgeoning eCommerce market plus a focus on financial inclusion, payment methods such as instant bank transfer are seeing huge uptake in Brazil. Gustavo Ruiz Moya, CEO of eCash for Latin America and Global Head of Open Banking, Paysafe Brazil accounts for the largest slice of the eCommerce market in Latin...
Why FinTech Needs to Grow a Social Conscience
Date: August 11, 2022
Alastair Douglas, CEO of TotallyMoney Fintech has a social conscience problem. Only 13% of Brits earn over 200% of the median income amount, yet recent research which delved into the profiles of the customers of challenger banks shows this percentage is much higher. Those earning over 200% of the median income comprise around 25% of...
Analysis: Is Netflix Envy Over in Hollywood? Not Quite
Date: August 11, 2022
In recent earnings reports, traditional media companies touted stable and shrinking businesses like linear television as profit centers to weather economic uncertainty. Cash flow has become cool again, analysts said, replacing subscriber growth as the main metric of success in recent years. Hollywood’s new frugality comes as rising inflation threatens consumer spending and the surge...
Samsung Unveils New Foldable Smartphones, Seeking Keep Lead in Growing Market
Date: August 11, 2022
By Joyce Lee SEOUL (Reuters) – Samsung Electronics unveiled its latest high-end foldable smartphones on Wednesday, keeping prices at the same level as last year’s in a bid to cement its leadership in an expanding niche market. The smartphone maker priced its clamshell Galaxy Z Flip4 at $999.99, and the 5G-enabled top-line Galaxy Z Fold4...