Showing 205 to 216 of 279 results
Soaring Credit Card Fees Squeeze Small Businesses
Small businesses face rising credit card swipe fees, costing an estimated $172 billion in 2023 and impacting profitability; consumers increasingly prefer credit cards over cash, driving up costs for merchants, who are exploring strategies like convenience fees to mitigate losses; the Credit Card Com...
Soaring Credit Card Fees Squeeze Small Businesses
Small businesses face rising credit card swipe fees, costing an estimated $172 billion in 2023 and impacting profitability; consumers increasingly prefer credit cards over cash, driving up costs for merchants, who are exploring strategies like convenience fees to mitigate losses; the Credit Card Com...
Progress
40% Bias Score
China's Outlet Mall Boom: \$31.5 Billion Market Driven by Value-Seeking Consumers
In 2023, China's outlet mall sector experienced a 9.5% year-on-year growth, reaching \$31.5 billion in sales, driven by middle-income consumers seeking value and quality brands; the market is projected to reach \$35.7 billion by 2025.
China's Outlet Mall Boom: \$31.5 Billion Market Driven by Value-Seeking Consumers
In 2023, China's outlet mall sector experienced a 9.5% year-on-year growth, reaching \$31.5 billion in sales, driven by middle-income consumers seeking value and quality brands; the market is projected to reach \$35.7 billion by 2025.
Progress
44% Bias Score
Record US Retail Store Closures in 2024
Over 7,300 US retail stores closed in 2024, a 57% increase from 2023, due to high inflation, competition from larger retailers, and strategic errors; this impacted various chains, including Family Dollar, CVS, Walgreens, and Big Lots.
Record US Retail Store Closures in 2024
Over 7,300 US retail stores closed in 2024, a 57% increase from 2023, due to high inflation, competition from larger retailers, and strategic errors; this impacted various chains, including Family Dollar, CVS, Walgreens, and Big Lots.
Progress
52% Bias Score
Soaring Credit Card Defaults Signal U.S. Economic Vulnerability
U.S. credit card defaults reached a 14-year high in the first nine months of 2024, with $46 billion in write-offs—a 50% increase from 2023—raising concerns about the economy's stability and highlighting the disproportionate impact on low-income households.
Soaring Credit Card Defaults Signal U.S. Economic Vulnerability
U.S. credit card defaults reached a 14-year high in the first nine months of 2024, with $46 billion in write-offs—a 50% increase from 2023—raising concerns about the economy's stability and highlighting the disproportionate impact on low-income households.
Progress
44% Bias Score
Online Holiday Sales Surge 6.7%, Outpacing In-Store Growth
Online holiday sales from November 1st to December 24th increased by 6.7% compared to last year, exceeding in-store sales growth (2.9%) and the projected overall increase of 3.2%, driven by online discounts and convenient options offered by retailers.
Online Holiday Sales Surge 6.7%, Outpacing In-Store Growth
Online holiday sales from November 1st to December 24th increased by 6.7% compared to last year, exceeding in-store sales growth (2.9%) and the projected overall increase of 3.2%, driven by online discounts and convenient options offered by retailers.
Progress
48% Bias Score
Financial Distress Rises Among UK Retailers After Lackluster Boxing Day
A 25% surge in financially stressed UK retailers over the last three months, totaling 2,124 businesses, follows a 4.9% drop in Boxing Day footfall, highlighting dampened consumer sentiment, rising costs, and shifting consumer behavior towards online shopping.
Financial Distress Rises Among UK Retailers After Lackluster Boxing Day
A 25% surge in financially stressed UK retailers over the last three months, totaling 2,124 businesses, follows a 4.9% drop in Boxing Day footfall, highlighting dampened consumer sentiment, rising costs, and shifting consumer behavior towards online shopping.
Progress
44% Bias Score
Dubai Duty Free Sales Edge Up Despite Weak Consumer Demand
Dubai Duty Free reported $2.15 billion in 2024 sales, a slight increase over 2023 driven by a strong December, despite weakening consumer demand and declines in key categories like liquor and electronics; the company is undergoing renovations and management changes.
Dubai Duty Free Sales Edge Up Despite Weak Consumer Demand
Dubai Duty Free reported $2.15 billion in 2024 sales, a slight increase over 2023 driven by a strong December, despite weakening consumer demand and declines in key categories like liquor and electronics; the company is undergoing renovations and management changes.
Progress
40% Bias Score
Record U.S. Credit Card Defaults Signal Economic Slowdown
U.S. credit card defaults reached a 14-year high in 2024, with \$46 billion in delinquent loans written off during the first nine months—a 50 percent increase year-over-year—primarily impacting low-income households struggling with inflation and high interest rates, potentially slowing economic grow...
Record U.S. Credit Card Defaults Signal Economic Slowdown
U.S. credit card defaults reached a 14-year high in 2024, with \$46 billion in delinquent loans written off during the first nine months—a 50 percent increase year-over-year—primarily impacting low-income households struggling with inflation and high interest rates, potentially slowing economic grow...
Progress
40% Bias Score
China's New Year Travel Boom Fuels Consumption Growth
A surge in Chinese New Year travel bookings, up nearly 30% year-over-year, is fueled by government incentives and cultural events, boosting consumption and indicating a strong contribution to economic growth; the trend reflects a shift towards higher-quality travel experiences and indicates future g...
China's New Year Travel Boom Fuels Consumption Growth
A surge in Chinese New Year travel bookings, up nearly 30% year-over-year, is fueled by government incentives and cultural events, boosting consumption and indicating a strong contribution to economic growth; the trend reflects a shift towards higher-quality travel experiences and indicates future g...
Progress
40% Bias Score
Slowdown in Spanish Retail Sales Growth in November 2024
Spanish retail sales grew 1% year-on-year in November 2024, slower than October's 3.4% and below forecasts, primarily due to decreased food and non-food spending; however, year-to-date growth stands at 1.5%, with Q3 showing strong gains in consumer and tech goods.
Slowdown in Spanish Retail Sales Growth in November 2024
Spanish retail sales grew 1% year-on-year in November 2024, slower than October's 3.4% and below forecasts, primarily due to decreased food and non-food spending; however, year-to-date growth stands at 1.5%, with Q3 showing strong gains in consumer and tech goods.
Progress
24% Bias Score
UK Retailer Distress Soars 25% in Q4 2023
The number of UK retailers in critical financial distress jumped 25% to 2,124 in Q4 2023 due to rising costs and weak consumer confidence, particularly impacting general retail (29% increase) and food and drug retail (17.2% increase), although the overall number is down year-on-year.
UK Retailer Distress Soars 25% in Q4 2023
The number of UK retailers in critical financial distress jumped 25% to 2,124 in Q4 2023 due to rising costs and weak consumer confidence, particularly impacting general retail (29% increase) and food and drug retail (17.2% increase), although the overall number is down year-on-year.
Progress
44% Bias Score
Record US Holiday Spending Amidst Rising Consumer Debt
US holiday spending is projected to reach a record $979.5 billion to $989 billion despite record-high credit card debt, with 36% of consumers incurring an average of $1,181 in debt this season, driven by high prices and inflation.
Record US Holiday Spending Amidst Rising Consumer Debt
US holiday spending is projected to reach a record $979.5 billion to $989 billion despite record-high credit card debt, with 36% of consumers incurring an average of $1,181 in debt this season, driven by high prices and inflation.
Progress
40% Bias Score
Showing 205 to 216 of 279 results