consumer-perception
FinanceKingfisher Warns of 45 Million Pound Hit From UK and France Budgets
BusinessTech-Wary Germans Get Hooked With Online Shopping Habit
BusinessUK Retail Sales Dived Before New Government’s Budget, Ons Says
FinanceUK Consumers Cheer up a Bit as Budget Nerves Lift, GfK Survey Shows
European Car Sales Flat in October, EVs Gain Ground, Acea Says
Date: November 21, 2024
By Greta Rosen Fondahn and Alessandro Parodi (Reuters) –New car sales in Europe were flat in October, after falling for two consecutive months, industry data showed on Thursday, while the transition to fully electric or hybrid models gained ground in the month. An uptick in total sales in Spain and Germany, of 7.2% and 6%...
UK’s Jd Sports Says Discounting, Cautious Consumer to Dent Profit
Date: November 21, 2024
LONDON (Reuters) -British sportswear retailer JD Sports Fashion warned annual profit would come in at the lower end of its guided range after a tough October of discounting, unseasonable weather and consumer caution. FTSE 100-listed JD, which sells Nike, Adidas, On, HOKA and other brands in Britain, Europe and the United States, said volatile trading...
European Car Sales Flat in October, EVs Gain Ground, Acea Says
Date: November 21, 2024
By Greta Rosen Fondahn and Alessandro Parodi (Reuters) – New car sales in Europe were flat in October, after falling for two consecutive months, industry data showed on Thursday, while the transition to fully electric or hybrid models gained ground in the month. An uptick in total sales in Spain and Germany, of 7.2% and...
Factbox-Top 20 Global Family-Owned Retail Businesses
Date: November 20, 2024
By Linda Pasquini and Agata Rybska (Reuters) – Japan’s Seven & i Holdings received a buyout proposal from a member of its founding Ito family last week, a potential $58 billion white-knight bid which would see the company go private and allow it to continue operating under current management. Many global retailers have opted to...
Discounter Lidl to Step up UK Store Openings
Date: November 20, 2024
By James Davey LONDON (Reuters) -The British arm of German discount supermarket chain Lidl will accelerate its new store openings in the next few years after they slowed to just 15 in its 2023/24 financial year, it said on Wednesday. Having opened 50 stores in 2022/23, Lidl GB focused its investment in the year ended...
UK Consumer Group Takes on Apple Over iCloud Service
Date: November 14, 2024
LONDON (Reuters) – British consumer group Which? will launch legal action against Apple on Thursday, alleging the tech giant breached competition law by effectively locking millions of its customers into its iCloud service. Which? said Apple encouraged its users to sign up to iCloud to store photos, videos and other data while making it difficult...