Target Cuts Prices on Thousands of Items Amid Inflation
In response to rising inflation, Target is cutting prices on thousands of essential items and signaling the reductions with...
inflation
Rise of Online Shopping: Consumers ‘Trading Down’ to Cheaper Goods
Lead: Adobe forecasts that mobile shopping will dominate this year's holiday season, with a projected 52.5% share of online...
Boohoo Battles Inflation and Weakened Demand with £160m Losses
Lead: Boohoo faces a staggering £160 million loss due to challenging market conditions, with sales plummeting by 17% to...
Supermarket Sales Growth Slows as Inflation Eases
Lead: Total sales at UK supermarkets have seen a slowdown, with growth dropping to 3.4% in the latest data...
UK Consumer Confidence Improves in April Despite Economic Challenges
**Lead:** UK consumer confidence sees a boost in April as falling inflation lifts spirits and optimism about personal finances....
Q1 Retail Sales Exceed Expectations and Beat Inflation
Lead: Retail sales in March exceeded expectations, showcasing a robust 5.3% year-over-year increase, beating inflation and reflecting genuine consumer...
Supermarket Sales Rise and Inflation Falls
Lead: Grocery sales are on the rise, with a 3.3% increase over the past four weeks, while grocery price...
Inflation Hits Lowest Level Since 2021
**Lead:** Inflation takes a breather in March, dropping to 3.2% from 3.4% the previous month, marking the lowest rate...
Fly by Jing Expands into 2K Walmart Stores with Lower Prices Amid Inflation
**Lead:** In a bold move to combat rising inflation, Fly by Jing, famous for its chili crisp, is slashing...
Poundland Owner: Price Cuts Not Yet on the Table
Lead: The owner of Poundland, Andy Bond, asserts that despite easing cost pressures, it's premature to consider lowering prices,...