consumer-perception
Top StoriesBeset by Uncertainties, Spanish Borrowers Lock in Home Loan Rates
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Top StoriesUK Travel and Leisure Firms Gets Summer Travel Boost
Top StoriesForever 21 Takes Third Crack at China With New Bricks and Mortar Store
European Smartphone Market Falls 12% in Q1, Counterpoint Says
Date: June 15, 2022
STOCKHOLM (Reuters) – The European smartphone market declined by 12% in the first quarter of the year, registering the lowest shipments in the period for nearly a decade, according to a report from Counterpoint Research. The fall was a result of ongoing component shortages, COVID-19 related lockdowns in China, deteriorating economic conditions and the onset...
Tesco to Give Snapshot of UK Consumer Mood as Outlook Darkens
Date: June 14, 2022
By James Davey LONDON (Reuters) – The fragile state of the British consumer will be laid bare this week when Tesco, the country’s biggest retailer, updates on trading amid a worsening cost of living crisis. When Tesco, which has more than a 27% share of Britain’s grocery market, reported annual results in April, CEO Ken...
Oil Falls on Beijing’s COVID-19 Warning, Inflation Worries
Date: June 13, 2022
By Stephanie Kelly NEW YORK (Reuters) -Oil prices sank more than 2% on Monday, as a flare-up in COVID-19 cases in Beijing and worries about more interest rate hikes raised concerns about the demand outlook. Brent crude fell $2.54, or 2.1%, to $119.47 a barrel at 11:05 a.m. EDT (1505 GMT). U.S. West Texas Intermediate...
Investment Platforms Face Hangover After Pandemic Party
Date: June 13, 2022
By Iain Withers and Carolyn Cohn LONDON (Reuters) – The trillion-dollar retail investment express is losing steam, dampening the fortunes of British trading platforms that boomed during lockdowns on the back of a meme stocks frenzy. Many stock-pickers are steering clear of a turbulent market as living costs rise and the economy teeters, squeezing the...
K-Pop Group Bts Promotes New Album With New York Pop-Up Shop
Date: June 11, 2022
(Reuters) – South Korean K-pop boy band BTS are promoting the release of their new album with pop-up shops in New York City and Los Angeles. Fans lined up from 7am on Friday to be among the first to purchase exclusive items created just for New York. “It’s hardly ever in New York, it’s mostly...
Britain’s Tesco Raises Price It Pays Milk Suppliers Again
Date: June 10, 2022
LONDON (Reuters) – Britain’s biggest supermarket group Tesco will hike the price it pays for all its fresh milk for a second time in three months as suppliers battle unprecedented levels of on-farm inflation, it said on Friday. The group, which has an over 27% share of Britain’s grocery market, said the more than 500...