consumer-perception
BusinessNestle Replaces CEO Schneider With Company Veteran Freixe
Top StoriesSun and Holidays Boost UK Supermarket Spending but Asda Struggles, Says Niq
BusinessBritain’s Waitrose to Invest $1.3 Billion in Stores Over Three Years
Top StoriesTurkish Gold Demand Lifts Italian Jewellery Exports as Leather Goods Suffer
Supermarket Group Ahold Delhaize Posts Q2 Margin Beat
Date: August 7, 2024
By Stephanie Hamel and Charlotte Eugenie Yvette Bawol (Reuters) -Supermarket group Ahold Delhaize beat second-quarter core profit margin expectations on Wednesday, supported by solid sales in its U.S. and European markets and cost control. The group, which operates the Stop & Shop, Giant, Food Lion and Hannaford chains in the U.S. and the Albert...
Walmart’s Low Price Promise in Focus After Amazon’s Warning
Date: August 2, 2024
By Aishwarya Venugopal and Siddharth Cavale (Reuters) -Walmart’s “Everyday Low Price” promise will be put to the test when it reports quarterly results, after rival Amazon.com’s warning that customers had turned bargain hunters, pressuring the online shopping behemoth to forecast a weak current quarter. Major retailers including Target, sector bellwether Walmart and Kroger have been...
Global Mocktails Market Propelled by 13.22% Cagr – Verified Market Reports®
Date: August 1, 2024
The Global Mocktails Market is projected to grow at a CAGR of 9.6% from 2024 to 2031, according to a new report published by Verified Market Reports®. The mocktails market is witnessing significant growth driven by several key factors. Increasing health consciousness among consumers has led to a surge in demand for non-alcoholic beverages that offer the same...
Spotify Slightly Misses Revenue Prediction, Falls Short of User Growth Target
Date: July 23, 2024
By Martin Coulter LONDON (Reuters) – Spotify reported quarterly results broadly in line with analyst expectations on Tuesday, but failed to meet its own target for user growth. The Swedish audio-streaming giant sought to reduce costs through layoffs and cuts to its marketing budget last year, while trying to grow its user base through...
Electrolux Swings to Operating Profit in Q2
Date: July 19, 2024
STOCKHOLM (Reuters) – Electrolux, the world’s second-biggest appliances maker, reported on Friday an operating profit that swung to a profit, as expected, and said consumer demand had continued to be mixed. (Reporting by Marie Mannes, editing by Louise Rasmussen)...
Consumer Goods Makers Weighed Down by Weak US and European Sales
Date: July 19, 2024
By Richa Naidu LONDON (Reuters) – Consumer goods giants including Nestle, Kraft Heinz and Reckitt are likely to report weak second-quarter sales growth from Europe and the United States, as consumers opt for brands that have been better at slowing price hikes, Nielsen data shows. Analysts and investors have voiced concerns for several quarters...