Economy: latest news, insights and analysis | ESM Magazine

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...

Laurent-Perrier Posts Increase In Sales In FY 2022-2023

Champagne group Laurent-Perrier has reported sales growth of 3.1%, to €301.8 million, in its 2022-2023 financial year, driven by the group's value pol...

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...

UK Consumers Turn More Confident Despite Inflation Pain: GfK

British consumer confidence has risen for the fourth month in a row to its highest in 15 months as households take a more positive view about the economy a...

Walmart Investors Eye Margins Amid Grocery Focus

When Walmart reports earnings Thursday, investors will get an even closer look at how American shoppers shifted their spending when faced with higher price...

US Retail Sales Miss Expectations, But Core Sales Strong

US retail sales increased less than expected in April, but the underlying trend was solid, suggesting that consumer spending likely remained strong early i...

Shoptalk Europe To Kick Off In Barcelona Next Week

Shoptalk Europe, the number one event for fuelling conversations around the future of retail innovation, is all set to open its doors from 9-11 May at Fira...

Rotterdam Says Port Traffic Drops Slightly As Inflation Weighs

Throughput in the port of Rotterdam, Europe's largest sea port, fell 1.5% in the first quarter as high inflation slowed down container traffic, the port's...