Economy: latest news, insights and analysis | ESM Magazine

Target Fends Off Holiday Gloom With Discounts, Warns On 2023 Earnings

Target Corp posted a surprise rise in holiday-quarter sales on Tuesday, buoyed by an increase in store traffic from discount-hungry Americans, even as it j...

Britain's Tesco Raises Store Workers' Pay By 7%

Tesco will raise hourly pay for about 220,000 store workers by 7% from April, another increase that will likely catch the attention of the Bank of England,...

Lidl Portugal Sees Use Of Charging Stations Up 134% In 2022

Lidl Portugal has witnessed a 134% year-on-year increase in the use of electric vehicle charging stations across its stores, with more than 227,000 top-ups...

Dollar General Opens Its 19,000th Store

Dollar General has expanded its store network to 19,000 with the opening of its new store in Joplin, Missouri.

Britain Needs A Growth Plan, Says Tesco Chairman

The British government must come up with a long-term growth strategy, John Allan, the chairman of Britain's biggest retailer Tesco, said on Friday.

UK Inflation Edges Down To 10.5% In December, Food Prices Surge

British inflation eased last month after hitting a 41-year high in October, offering some comfort to the Bank of England, but the pressure on households re...

Key Israel Business Group Seeks Steep Cut In Food Tax

Israel's Manufacturers' Association has proposed tax cuts on food along with a host of other measures aimed at strengthening Israeli economic competitivene...