Browsing: Consumer Spending News
In March, consumer card spending in the travel sector showed remarkable resilience, outpacing non-travel industries. Despite a general slowdown in discretionary spending, travel maintained a robust…
In January, consumer spending on holidays and airline tickets surged, marking a significant 50% increase compared to the previous month. This trend was reflected in over…
An impressive boost in consumer spending has led to Royal Caribbean Group’s remarkable third-quarter earnings.Royal Caribbean Group reported a net income of $1 billion for Q3…
England’s women’s football team, known as the Lionesses, made a significant impact on retail sales across the UK during the World Cup. Their success spurred increased…
Recent data reveals a promising dip in grocery inflation, with Tesco and Sainsbury’s outperforming in the buoyant retail sector.During the four weeks ending 6 August 2023,…
The 2023 FIFA Women’s World Cup promises substantial economic gains for retailers in the UK. Forecasts suggest that supermarkets and convenience stores stand to profit significantly…
The UK retail sector experienced mixed fortunes in July. As high street sales slowed, food and drink categories excelled.Retail figures indicated a shift in consumer preferences…
UK consumers are cutting back on non-essential spending to offset rising inflation, according to payment card data for February. Barclays, which sees nearly half of the…
Retail sales volumes fell in the crucial Christmas period, according to the latest monthly retail sales monitor from the British Retail Consortium (BRC) and KPMG. In…
Half (51%) of people in the UK who have built up their savings during the pandemic intend to hang onto these funds, new research suggests. The…
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