consumer-perception
Top StoriesWalmart’s Long-Lasting Challenge: Luring Budget Shoppers Back to Its Stores
Top StoriesHeathrow Airport Expects 16 Million Passengers in July-Sept
Top StoriesRalph Lauren, Capri Ride Wave of Inflation-Resistant Luxury Demand
Top StoriesFactbox-What Help Is the UK Giving Consumers With Rising Energy Bills?
Summertime Blues? UK Shoppers Splash Out as Heat-Wave Hits – Brc
Date: August 9, 2022
LONDON (Reuters) – A heat-wave prompted British shoppers to spend more on summer clothes, food for picnics and air conditioning units in July but they also cut back on foreign travel and dining out as the cost-of-living squeeze tightened, surveys showed on Tuesday. The British Retail Consortium said the value of total sales at its...
Factbox: Government Measures to Ease Inflation Pain
Date: August 8, 2022
(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine are combining to push prices of energy, commodities and basic items higher. Below is a list of some of the actions taken by governments aimed at offering relief to hard-hit consumers and companies: AMERICAS: * The U.S Senate...
As Prices Rise, the Post Office Says Britons Are Turning Back to Cash
Date: August 8, 2022
By Farouq Suleiman LONDON (Reuters) – More Britons are turning to cash to manage their budgets as prices soar, the Post Office said on Monday after it saw a record level of withdrawals over its counters in July. Personal cash withdrawals rose almost 8% month-on-month to 801 million pounds ($967 million), it said, noting it...
Women’s Soccer Gear in Demand After Historic England Win
Date: August 5, 2022
By Richa Naidu LONDON (Reuters) – Weekly sales of women’s soccer gear have tripled since the start of the women’s European Championship that ended on Sunday with an historic England win, according to retailer Fanatics Inc, which sold official merchandise for the tournament. The spike in sales demonstrates the growing appeal of the women’s sportswear...
Heatwaves and High Energy Prices Leave Spain on Thin Ice
Date: August 5, 2022
By Marco Trujillo and Silvio Castellanos MADRID (Reuters) – Ice is a hot commodity in Spain, with supermarkets limiting how much people can buy and bars running low on cubes for sangrias and cocktails due to scorching heatwaves and high energy prices. At the start of the year, ice makers held back from producing their...
Analysis-East Europe’s Party Is Over as Double-Digit Inflation Bites
Date: August 5, 2022
By Krisztina Than ESZTERGOM, Hungary (Reuters) – In the weeks that followed Russia’s invasion of Ukraine, western Europe’s big economies began to falter. But further east it was still boom-time thanks to double-digit wage hikes and generous state handouts in some countries. Not any more. A sharp slowdown in retail sales and plunging confidence indicators...