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

Starbucks Gets Sales Bump From Strong US Demand

Starbucks beat Wall Street targets for fourth-quarter results as strong demand for its pricey coffees and cold drinks in North America offset a feeble reco...

UK Retailers Suffer Joint-Worst October On Record: CBI

British retailers reported their joint-worst October for sales volumes on record and they expect another difficult time in November as households stru...

Record Chicken Prices Squeeze US Shoppers, Benefit Tyson Foods

Chicken prices at US grocery stores have hit record highs and should stay elevated as Tyson Foods and other companies dial back poultry production to boost...

Target To Hire 100,000 Workers, Offer Huge Discounts For Holiday Season

Target plans to hire nearly 100,000 employees for the holiday season and offer deep discounts starting October, as the US retailer braces for the competiti...

UK Consumers 'Very Thoughtful' On Big Ticket Spending, Asda Chair Says

People in the UK are thinking very hard about spending on so-called big ticket items, the chairman of supermarket Asda has said.

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...