Consumer Spending: latest news, insights and analysis | ESM Magazine

Dollar Tree Forecasts Tepid Annual Profit On Costs, Pivot To Spending On Essentials

Dollar Tree forecast annual profit largely below estimates, owing to higher costs and a shift in spending towards lower-margin consumables.

Irish Grocery Sales Up 6.8% In Latest Four Weeks: Kantar

Ireland saw a 6.8% increase in take-home grocery sales in the four weeks to 6 August, with the average price per pack up 8.8%, according to the latest data...

Target Cuts Annual Forecasts As Americans Hold Back On Non-Essential Spending

Target has lowered its full-year sales and profit expectations and forecast a dour third quarter, in another sign that Americans, squeezed by inflation, ar...

Target Set To Post First Quarterly Revenue Drop In Six Years As Consumers Cut Spending

Target Corp is expected to post its first quarterly drop in revenue in about six years when it reports results as the big-box retailer reels from a shift i...

Walgreens Cuts Profit Forecast On Lower COVID-19 Vaccine Demand

Walgreens Boots Alliance (WBA) has cut its fiscal year profit forecast on lower demand for COVID-19 tests and vaccines and lower consumer spending, sending...

South Africa's Tiger Brands Says Power Cuts Set To Squeeze Income

South Africa's biggest food producer Tiger Brands said its annual income might drop as it expected a significant rise in costs because of increased power c...

Australia Retail Sales Flat In April As Consumers Cut Back On Food, Dining Out

Australian retail sales were flat in April as consumers, who face high living costs and rising interest rates, cut back spending on&nbs...

Target Sets Cautious Tone As Consumers Turn Thrifty

Target Corp has forecast a grim second quarter as the retailer struggles with consumers shunning non-essentials, such as electronics and home goods in the...