Tag #Consumer Spending

Showing 37 to 48 of 212 results

zeit.de
🌐 55% Global Worthiness
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German Home Improvement Sales Fall 1.5% in 2024

German home improvement stores experienced a 1.5% nominal sales decrease in 2024 to €20.9 billion due to customer uncertainty, poor gardening weather, and the construction crisis, although garden chemicals saw an 8.2% increase and online sales rose 2.1%.

Progress

36% Bias Score

Responsible Consumption and Production
bbc.com
🌐 75% Global Worthiness
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£5 Cup of Coffee Looms as UK Coffee Prices Soar

Driven by record-high international coffee bean prices and rising operational costs, the price of a standard cup of coffee in UK coffee shops could reach £5 within two to three years, impacting consumer spending and potentially reducing the number of daily coffee purchases.

Progress

40% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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Asda Launches Aggressive Price War, Sparking Market Volatility

Asda, facing declining market share after a 2021 takeover, launched a price war yesterday, cutting prices on 1,500 items by up to 45 percent to regain customers, despite concerns about profitability and operational issues.

Progress

44% Bias Score

No Poverty
theguardian.com
🌐 75% Global Worthiness
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UK High Street Closures to Rise in 2025 Amidst Rising Costs

UK high street store closures fell to 12,800 in 2024, down from 13,000 in 2023, but rising business costs are predicted to increase closures in 2025, driven by tax increases and minimum wage hikes, impacting consumer spending and new store openings.

Progress

44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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US Tariffs Trigger Consumer Spending Slowdown

Rising US tariffs are causing Americans to curb spending due to inflation and economic uncertainty, leading to falling retail sales and impacting two-thirds of the US economy that relies on consumer spending.

Progress

48% Bias Score

No Poverty
cbsnews.com
🌐 75% Global Worthiness
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Weak February Retail Sales Fuel U.S. Economic Slowdown Fears

U.S. retail sales rose a meager 0.2% in February, below expectations, driven by decreased consumer confidence amid rising prices and tariffs, impacting roughly two-thirds of U.S. economic activity; January sales were also revised downward.

Progress

48% Bias Score

No Poverty
nos.nl
🌐 75% Global Worthiness
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Dutch A-Brand Supermarket Sales Drop 9% in 2024

The top 100 A-brands in Dutch supermarkets experienced a 9% sales decline in 2024 compared to 2023, primarily due to the tobacco sales ban and increased competition from store brands and fresh products. Disputes between manufacturers and supermarket chains further worsened the situation.

Progress

44% Bias Score

Responsible Consumption and Production
nos.nl
🌐 75% Global Worthiness
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Dutch A-Brand Supermarket Sales Drop 9% in 2024

The top 100 A-brands in Dutch supermarkets experienced a 9% sales drop in 2024 compared to 2023, primarily due to a tobacco sales ban and increased competition from store brands, alongside distribution issues stemming from retailer conflicts.

Progress

44% Bias Score

Responsible Consumption and Production
theguardian.com
🌐 75% Global Worthiness
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Asda's Price War Costs Rivals £3.9 Billion

Asda, facing declining sales, slashed prices on 1,500 products, adding to nearly 10,000 price cuts since January, triggering a price war that cost competitors £3.9 billion in market value; however, challenges remain in improving operational efficiency to attract more customers.

Progress

40% Bias Score

No Poverty
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Three-Year Plan to Boost Consumer Spending

China's five central government departments launched a three-year action plan in February 2024 to boost consumer spending by improving product quality, safety, and consumer rights protection, addressing weaknesses in the consumption environment and aiming to stimulate economic growth by 2027.

Progress

24% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 85% Global Worthiness
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Weak US Retail Sales Signal Potential Economic Slowdown

US retail sales rose a meager 0.2% in February, far below expectations, driven by weak consumer spending amid trade war uncertainty and fears of inflation, impacting various sectors including department stores, restaurants, and gas stations.

Progress

52% Bias Score

No Poverty
cnn.com
🌐 85% Global Worthiness
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Trump's Layoffs Trigger Economic Crisis in Washington D.C.

The Trump administration's firing of at least 103,452 federal workers nationwide, impacting 17% of federal employees in the DC metro area, is causing a significant economic downturn in Washington, D.C., with decreased consumer spending, business closures, and a surge in homes listed for sale.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 37 to 48 of 212 results