Tag #Consumer Behavior

forbes.com
🌐 75% Global Worthiness
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European Ticketing Firm TKT Disrupts Market with Premium Experiences

TKT, a European ticketing firm founded by Jon Allen, Jason Berger, Dana McLean, and Aric Bittker, offers venues premium ticket packages including upgraded seating, private pre-parties, and fine dining, generating higher revenue and enhancing fan experience compared to the cutthroat, highly competiti...

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Retail's Centenarian Expert Warns of Creativity Gap

Walter Loeb, a centenarian retail expert, identifies a "lack of creativity" as the primary challenge for retailers today, hindering their ability to adapt to evolving consumer behavior, such as social media-driven shopping, and compete effectively.

Progress

36% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Fairtrade to Tackle Exploitation in UK Supply Chains

Fairtrade's new chief, Eleanor Harrison, plans to expand the organization's ethical standards to UK factories and farms, addressing concerns over worker exploitation and leveraging its success in international markets, where sales rose by more than 5% in 2023, despite economic challenges.

Progress

36% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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German Private Electric Vehicle Adoption Plummets in 2024

HUK Coburg insurance data reveals a sharp decline in private electric vehicle adoption in Germany during 2024, with only 4% of insured drivers switching to electric cars, compared to nearly 7% in 2022; this is linked to factors including the end of subsidies, high prices, limited models, and lack of...

Progress

44% Bias Score

Climate Action
forbes.com
🌐 75% Global Worthiness
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Combating Impulse Buying: Strategies for Better Financial Habits

Impulse buying, driven by emotional and situational triggers, negatively impacts finances and well-being; however, strategies like expense tracking, cooling-off periods, and investment prioritization can help control impulsive spending.

Progress

32% Bias Score

No Poverty
spanish.china.org.cn
🌐 75% Global Worthiness
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Starbucks China Shifts to Digital-First Strategy Amidst Market Competition"

Starbucks China, facing a 7% sales decline in Q4 2024, is pivoting to a digital-first strategy under new growth director Yang Zhen, while Ora Coffee, a Peet's Coffee sub-brand, focuses on affordability to compete in China's rapidly expanding coffee market, projected to reach 16.9 billion yuan in 202...

Progress

32% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Surge in Wardrobing Costs Retailers US\$890 Billion

Wardrobing, the practice of returning used clothing, costs retailers US\$890 billion annually and is surging; retailers are using technology and stricter return policies to combat this, impacting consumers through higher prices and less convenient return options.

Progress

48% Bias Score

Responsible Consumption and Production
welt.de
🌐 65% Global Worthiness
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German Organic Food Market Rebounds, but 2030 Goals Remain Distant

Germany's organic food market, after a 2022 decline due to inflation, rebounded strongly in 2023 and 2024, reaching about €17 billion in turnover; however, only 11.8% of farmland is currently used for organic agriculture, falling short of the 30% government target by 2030.

Progress

32% Bias Score

Zero Hunger
forbes.com
🌐 85% Global Worthiness
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Competitive US Retail Market Drives Five Key Trends in 2025

In 2025, the US retail real estate market shows a 4.1% national vacancy rate, but prime locations have far lower vacancy. Five trends are emerging: smaller stores, experiential retail, tailored geographical expansion, data-driven site selection, and a suburb-first approach, reflecting changing consu...

Progress

24% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 65% Global Worthiness
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Galeries Lafayette to Close Marseille Stores Amidst Financial Losses

Galeries Lafayette will close its two Marseille stores by the end of 2024 due to consistent annual losses of €10 million, despite a 4% overall revenue increase for the group in 2024, impacting 145 employees and highlighting challenges in adapting to evolving urban retail landscapes.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Diverging Views on EV Adoption: Consumer Enthusiasm Meets Manufacturer Concerns

A Tata Consultancy Services study reveals that while 64% of consumers globally are likely to consider an EV for their next vehicle, manufacturers express concerns about cooling demand and insufficient charging infrastructure; despite this, U.S. EV sales surged 7.3% in 2024.

Progress

40% Bias Score

Affordable and Clean Energy
chinadaily.com.cn
🌐 85% Global Worthiness
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Starbucks China Shifts to Digital Strategy Amidst Declining Sales

Starbucks China is undergoing a digital transformation to counter declining sales, appointing a new chief growth officer and launching viral marketing campaigns to attract younger consumers, while competitors like Ora Coffee focus on affordability.

Progress

36% Bias Score

Decent Work and Economic Growth