Retailers Brace for Stormy Spring as March Footfall Dips Amid Global Uncertainty
UK retailers faced a challenging March due to economic uncertainty, delayed Easter, and rising inflation, leading to a 5.4%...
inflation
Tariffs Add to Strained US Consumers’ Budgets and Weaken Spending Power
The escalating trade war between the United States and over 180 other nations is causing confusion among consumers, who...
NRF Predicts Slower Retail Sales Growth Amid Tariff Uncertainty and Inflation Fears
As tariffs drive up prices and create economic uncertainty, retail sales are expected to grow between 2.7% and 3.7%...
Retailers Combat Inflation-Driven Churn with Loyalty Programs
Inflation has led to a surge in brand switching as consumers seek affordable options, with 67% changing brands due...
Slowing Consumer Spending and Rising Inflation: Impact on Economy and Fed’s Policy
Consumer spending inches up 0.1%, raising concerns over weak growth and inflation, according to the Bureau of Economic Analysis....
Pets at Home Forecasts Profit Drop Amid Economic Uncertainty
In a recent announcement, Pets at Home disclosed that their retail profits are anticipated to decline in the fiscal...
Surprise Inflation Drop Ahead of Spring Statement
In a surprising turn of events, inflation dropped to 2.8% in February, providing some relief for the chancellor just...
Tariff Anxiety Drives Consumer Expectations to 12-Year Low Amid Rising Inflation Worries
Consumer pessimism over price pressures grows, with expectations for inflation in 12 months increasing to 6.2% from 5.8% in...
Post-Pandemic Retail: Adapting to New Consumer Expectations and Economic Instability
In early 2020, as the COVID-19 pandemic spread globally, nonessential retailers closed their stores temporarily, hoping for a return...
Amazon Big Spring Sale Promotes Amazon Haul Amid Economic Uncertainties
In the face of inflation and ongoing trade wars, Amazon's latest sale offers end-of-season winter and spring items with...