consumer-perception
Top StoriesExclusive-Danone Ramps up U.S. Baby Formula Shipments to Address Shortage
Top StoriesRoyal Mail’s Profit Outlook Shaky on Labour Dispute; Shares Slide
Top StoriesDuty-Free Retailer Dufry’s Sales Soar as European Travel Takes Off
BankingWhy Cash Will Be Around for Longer Than Some Consumers and Brands May Want
‘Huge’ Pressure for Shanghai to Stay COVID-free as End to Lockdown Looms
Date: May 18, 2022
By David Stanway and Martin Quin Pollard SHANGHAI/BEIJING (Reuters) -Health authorities in Shanghai faced “huge” pressure to keep China’s most populous city free of COVID-19 as residents were counting down the days until June 1 and the end of their lockdown after almost two months of isolation. The commercial hub of 25 million achieved a...
British Baker Greggs Warns of Increasing Cost Pressures
Date: May 16, 2022
By James Davey LONDON (Reuters) -British baker and fast food chain Greggs warned on Monday of increasing cost pressures but said markets were so uncertain that it had given up on providing forecasts for cost inflation. Greggs, known for its sausage rolls, steak bakes, vegan snacks and sweet treats, said that while expected cost inflation...
What’s the FinTech Fit With GenZ? Empowering Gen Z Through New-Age Banking
Date: May 12, 2022
By Ammar Kutait, CEO and Founder of W1TTY Fintech facts Of all the sectors attracting investor attention, fintech remains at the top of many watchlists. We only need to look at the numbers to see why the global fintech market was valued at $7.3 Trillion in 2020 and is forecast to grow at a CAGR of...
UK Consumer Gloom Over Finances Sinks to New Low: YouGov/Cebr
Date: May 12, 2022
LONDON (Reuters) – The gloom among people in Britain over their personal finances hit a fresh all-time low in April, according to a survey which added to signs of how households are struggling to cope with a cost-of-living crisis. The monthly consumer sentiment survey from pollsters YouGov and consultancy Cebr showed sentiment around household finances...
UK’s National Grid Wins Approval for 200 Million Stg Early Payment to Consumers
Date: May 11, 2022
LONDON (Reuters) – Britain’s energy market regulator Ofgem said on Wednesday it has approved National Grid’s request to make an early payment of 200 million pounds ($246.9 million) to consumers to help reduce household energy bills. Payments will be carried out over the next two years rather than at the end of the standard five-year...
Retailer Ahold Lifts Earnings Forecast After Q1 Beat
Date: May 11, 2022
By Anthony Deutsch AMSTERDAM (Reuters) – Supermarket group Ahold Delhaize raised its full-year earnings forecast on Wednesday after reporting a smaller than expected fall in first-quarter core income as people started to eat out more following the easing of COVID restrictions. The Dutch-Belgian retailer, which makes most of its sales in the United States, said...