consumer-perception
BusinessUnilever and Danone Win Back Shoppers as Price Hikes Slow
BusinessBritain’s John Lewis Optimistic on Christmas Trading Outlook
TradingEuro Zone Consumer Confidence Rises to -12.5 in October
BusinessL’Oreal Third Quarter Sales Disappoint as China Spends Less on Beauty
Sanofi Reaches Deal on Terms of Sale of Consumer Health Arm, Say French Government Sources
Date: October 21, 2024
PARIS (Reuters) -Sanofi on Sunday reached an agreement on terms to sell a controlling stake in its consumer health unit Opella to U.S. private equity firm Clayton Dubilier & Rice (CD&R), French government sources said on Sunday. The breakthrough came after the investment group provided France with guarantees on maintaining jobs and production in...
How the Buy Now, Pay Later (bnpl) Expansion Is Transforming eCommerce
Date: October 15, 2024
In the world of online shopping, few forces have been as disruptive and far-reaching as the rise of Buy Now, Pay Later (BNPL) services; what began as a niche offering is now rapidly reshaping consumer spending habits, upending traditional banking models, and challenging how we think about debt and credit in the digital age. The...
Ikea Sales Fall 5% After Price Cuts Amid Weak Housing Market
Date: October 11, 2024
By Helen Reid LONDON (Reuters) – IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market, but it expects a recovery next year. Ingka Group, which owns most IKEA stores globally, reported 39.6 billion...
Online Shopping Returns to Growth in Europe Amid Fierce Competition
Date: October 9, 2024
By Helen Reid LONDON (Reuters) – Recovering consumer confidence has boosted online shopping in Europe this year, industry group Ecommerce Europe said on Wednesday, while low-cost marketplaces like PDD Holdings’ Temu have heightened competition. Inflation has hurt shoppers’ spending power around the world and helped fuel rapid growth in online platforms selling cheap products. In...
How Long Before a Bidet Pays for Itself?
Date: October 7, 2024
Bidets are all the rage these days. Ever since the COVID-19 pandemic, Americans have been installing them in their bathrooms with surprising frequency. Sales of these ingenious bathroom devices are exploding, and people all over the country are awakening to the benefits of using them instead of toilet paper. One common claim is that a...
Britain’s Tesco Lifts Profit Outlook After Strong First Half
Date: October 3, 2024
By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, lifted its annual profit forecast on Thursday after market share gains drove a 10% rise in the first half, giving it momentum ahead of the festive trading period. Shares in the group, which has a nearly 28% share of the UK grocery market, climbed 3%,...