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Top StoriesGerman Consumer Sentiment Outlook Modest After Slight Pickup, GfK Finds
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Exclusive-Slim Jim Maker Conagra Exploring Sale of Chef Boyardee, Sources Say
Date: December 6, 2024
By Abigail Summerville NEW YORK (Reuters) – Conagra Brands, the maker of Slim Jim beef jerky and Healthy Choice frozen meals, is looking to sell its popular canned pasta brand Chef Boyardee, according to people familiar with the matter. The Chicago, Illinois-based packaged food company tapped investment bank Centerview Partners to gauge interest in the...
German Christmas Markets Get Creative as Prices Hit New Highs
Date: December 5, 2024
By Maria Martinez BERLIN (Reuters) – For Eva Henschke, Germany’s Christmas markets are a chance to temporarily forget about the colder, darker days with a hot mug of mulled wine or eggnog and a bratwurst off the grill. But more so than in years past, she has had to keep a careful eye on costs...
‘Kicked in the Face’: Frasers Blames UK Budget for Profit Downgrade
Date: December 5, 2024
By James Davey LONDON (Reuters) -Major British retailer Frasers said it felt “kicked in the face” by the government’s tax hiking budget, blaming it for a drop in consumer confidence that forced a cut to annual profit guidance. Shares in Frasers, formerly called Sports Direct and majority owned by Mike Ashley, plunged 12% on Thursday...
UK Electric Vehicle Sales Surge 58% Yoy in Nov, Industry Data Shows
Date: December 5, 2024
(Reuters) -New battery electric vehicle (BEV) sales in UK rose 58% in November, marking the eleventh straight month of growth, industry data showed, driven by deep discounts to meet government-mandated levels. However, overall new car sales for the month fell 1.9% from a year ago to 153,610 units, due to waning demand among private buyers,...
Britons Spent $4.6 Billion Online Over Black Friday/Cyber Monday Period, Says Adobe
Date: December 3, 2024
LONDON (Reuters) – British shoppers spent 3.63 billion pounds ($4.6 billion) online over the Black Friday/Cyber Monday (Nov. 29-Dec. 2) period, a 5.2% increase year-on-year, according to data from Adobe Analytics published on Tuesday. UK retailers were looking to the discount weekend to kick start trading in the run up to Christmas after official data...
UK Retailers Report Weakest Sales Since April, Brc Survey Shows
Date: December 3, 2024
LONDON (Reuters) – British retailers reported lacklustre sales in November, according to industry data on Tuesday affected by the timing of the Black Friday sales, although it still pointed to weakening consumer confidence. Sales volumes dropped by 3.3% in the 12 months to November, the weakest reading since April when they fell 4.0%, and below...