consumer-perception
Top StoriesEurope Car Sales Lowest Since 1996 After 12-month Decline
Top StoriesRichemont’s Strong Sales in U.S. And Europe Help Soften China Weakness
Top StoriesUpper Crust Owner Gets Travel Recovery Boost, but Inflation a Worry
Top StoriesNetflix Names Microsoft as Partner for Ad-Supported Subscription Plan
Rising Prices Curb Consumers’ Taste for Chocolate
Date: July 13, 2022
By Maytaal Angel and Jessica DiNapoli LONDON/NEW YORK (Reuters) – Consumers are cutting back on chocolate due to the cost of living crises in Europe and the United States, according to new data and comments from executives at the world’s biggest chocolate companies. Overall U.S. chocolate retail sales volumes have been “off and down” 2%...
UK’s Wetherspoon to Slip Into the Red Amid ‘laborious’ Pub Recovery
Date: July 13, 2022
By Sinchita Mitra (Reuters) – Britain’s J D Wetherspoon warned of losses this year as costs for labour, repairs and marketing eat into its bottom line, and said ‘natural beer drinkers’ belonging to an older population were staying away from pubs, hurting its sales. Shares in Wetherspoon, which had earlier expected to break even this...
Netflix in Talks With Hollywood Studios for New Tier With Ads – Wsj
Date: July 12, 2022
(Reuters) – Netflix Inc is looking to tweak its programming deals with Hollywood studios to enable the streaming pioneer’s launch of an advertising-supported version of its service, the Wall Street Journal reported on Tuesday. The company has started talks with Warner Bros., Universal and Sony Pictures Television, the report said, citing people familiar with the...
Nordic Insurer Tryg Says Long-Haul Travel More Popular Than Pre-Pandemic
Date: July 12, 2022
By Nikolaj Skydsgaard COPENHAGEN (Reuters) – Long-haul travel is back among Danes and even more popular than before the COVID-19 pandemic, as pent-up wanderlust increasingly drives them to venture outside Europe’s borders, Scandinavia’s largest insurer Tryg said on Tuesday. “Whereas last year we travelled a little less, and when we travelled, it was mostly in...
Greek Inflation Jumps to 12.1% Y/y in June
Date: July 8, 2022
ATHENS (Reuters) -Greece’s annual consumer inflation jumped to 12.1% in June, its highest level in nearly three decades, boosted by surging costs of energy, transport and foods, data from statistics service ELSTAT showed on Friday. Inflation accelerated from 11.3% in May, according to ELSTAT. Month-on-month consumer inflation rose 1.6%. Greece’s annual EU-harmonised inflation also rose...
The Consumer Takes on Embedded Payments
Date: July 6, 2022
By James Titman, Vice President of Embedded Finance. It might be a hot topic for merchants, payments providers, banks, and a plethora of other financial services players, but what do consumers think – and know – about embedded payments? A trend that’s rarely been out of the spotlight and continues to drive billions in investments...