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Keywords: Consumer spending
British retailers recorded their weakest sales decline in six months during July, suggesting a modest improvement in consumer activity, although businesses remain concerned about persistent financial pressures, according to the Confederation of British Industry (CBI). The CBI's latest survey indicated......
Sapphire Foods India, one of the country's largest franchise operators for KFC and Pizza Hut, returned to profitability in the first quarter of the financial year as aggressive discount campaigns attracted more customers despite a highly competitive restaurant market. The company reported a consolidated......
Indian entertainment park operator Imagicaaworld Entertainment is planning a major expansion programme worth up to 10 billion rupees ($103.6 million) over the next five to six years, as the company seeks to capitalize on growing demand for leisure and experience-based activities across the country. The......
Fashion retailer Primark has announced price reductions across hundreds of popular products as it seeks to strengthen sales performance ahead of its planned separation from parent company Associated British Foods (ABF). The retailer said prices would fall by up to 29% across selected womenswear, menswear......
British home furnishings retailer Dunelm reported higher fourth-quarter sales after strong demand for seasonal products helped compensate for weaker customer traffic during periods of extreme summer heat. The retailer said revenue increased by 2.9% year-on-year to £428 million, demonstrating resilient......
Germany’s retail industry is entering a period of increasing uncertainty as companies struggle with rising operating costs and fragile consumer demand. Retailers across the country are reporting weaker business conditions, with higher expenses for energy, labour and procurement reducing profit......
France has decided to prolong its nationwide summer sales campaign by an additional week after exceptionally high temperatures discouraged consumers from visiting physical stores, providing retailers with extra time to recover lost business. The extension will keep the annual discount period running......
Amazon's annual Prime Day shopping event generated more than $26.4 billion in U.S. online spending between June 23 and June 26, reflecting continued consumer demand even as households remain under pressure from persistent inflation and higher living costs. The latest figures suggest that while Americans......
The United States economy recorded a stronger pace of growth in the first quarter of 2026, according to data released by the Department of Commerce, signaling a gradual recovery following the disruptions caused by a prolonged federal shutdown in the previous year. The final estimate of gross domestic......