Tag #Consumer Spending

Showing 61 to 72 of 287 results

theguardian.com
🌐 75% Global Worthiness
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Starbucks Reverses Automation Strategy, Increases Staffing Amid Declining Sales

Starbucks is increasing staff and reducing automation in approximately 3,000 stores globally, after its previous automation strategy backfired, leading to declining sales, and this is part of a wider turnaround plan by the new CEO, Brian Niccol, despite the company reporting worse-than-expected resu...

Progress

36% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Unconventional Economic Indicators Gain Traction Amidst Uncertainty

Amidst erratic economic times and unpredictable US trade policies, unconventional indicators like airport security numbers, cross-border tourism, and metropolitan traffic congestion are being used to gauge economic trends, supplementing traditional metrics.

Progress

24% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Trade-In Program Boosts Retail Sales by 1.6 Percentage Points

China's consumer product trade-in program, boosted by a 300 billion yuan government investment, increased Q1 2025 retail sales by 1.6 percentage points to 12.47 trillion yuan, benefiting over 120 million consumers with over 720 billion yuan in subsidies.

Progress

44% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 75% Global Worthiness
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Tariffs and Inflation Cast Shadow on South Coast Plaza Spring Events

The Fleurs de Villes floral exhibition and Spring Garden Show at Southern California's South Coast Plaza are facing economic headwinds due to rising import costs and tariffs on Chinese goods, impacting both organizers and retailers, while consumers react to higher prices.

Progress

44% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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P&G Cuts Forecast Amid Tariff War, Reduced Consumer Spending

Pampers maker Procter & Gamble announced price hikes and lowered its annual forecasts due to rising input costs from the tariff war and decreased consumer spending, expecting a $1 billion to $1.5 billion annual hit to its cost of goods, impacting its $40.85 billion cost in 2024; North American sales...

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Chipotle Reports First Revenue Drop in Five Years

Chipotle's first-quarter 2025 revenue unexpectedly fell 0.4 percent to $2.88 billion, missing Wall Street's expectations of $2.95 billion, due to inclement weather, reduced consumer spending, and potential consumer fatigue, marking the first sales decline in five years.

Progress

40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Coca-Cola Q1 Earnings Beat Expectations Amidst Global Trade Uncertainty

Coca-Cola reported better-than-expected Q1 revenue and profit ($11.22 billion, 73 cents per share) exceeding analysts' estimates, driven by price hikes and strong demand, despite a North America volume decline and global trade uncertainties; the company maintained its full-year forecasts.

Progress

40% Bias Score

Responsible Consumption and Production
elmundo.es
🌐 65% Global Worthiness
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Spain Increases Tobacco Prices to Curb Consumption

Spain raised tobacco prices in April 2025, affecting brands like Fortuna and Ducados, aiming to reduce consumption, with taxes representing nearly 80% of the final price, a policy supported by the World Health Organization.

Progress

36% Bias Score

Good Health and Well-being
elmundo.es
🌐 85% Global Worthiness
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Weakening US Consumption Threatens Global Economic Stability

Weakening US private consumption, fueled by falling financial markets and eroding consumer confidence, threatens the global economy; the IMF lowered its 2025 US growth forecast to 1.8%, down from 2.7%, raising concerns about the stability of the global financial system.

Progress

36% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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PepsiCo Cuts Profit Forecast Amid Tariff Uncertainty and Weak Consumer Spending

PepsiCo's Q1 profit missed estimates, driven by higher costs and weaker consumer spending amid US tariff uncertainty, prompting a lowered annual profit forecast and a share price decline; the company plans mitigation strategies, including sourcing adjustments and a transition to natural ingredients.

Progress

48% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 85% Global Worthiness
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Pre-Tariff Spending Surge: 3.8% April Increase in Consumer Spending

JPMorgan Chase data shows a 3.8% rise in consumer spending in the first 15 days of April 2025 compared to the same period in 2024, likely due to consumers preemptively buying goods ahead of President Trump's tariff plan, with discretionary spending increasing by 4.3%.

Progress

40% Bias Score

Responsible Consumption and Production
spanish.china.org.cn
🌐 85% Global Worthiness
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China's Instant Tax Refund Boosts Inbound Tourism

China's new instant tax refund policy, implemented nationwide on April 8th, is boosting inbound tourism by allowing international travelers to receive tax refunds at the point of purchase, eliminating airport queues and driving increased spending; in 2024, China saw a record 64.88 million foreign to...

Progress

48% Bias Score

Sustainable Cities and Communities

Showing 61 to 72 of 287 results