BoE Cuts Interest Rates for First Time Since 2020 Amid Easing Inflation
In a surprising move, the Bank of England has cut interest rates for the first time in four years,...
inflation
Howdens Maintains Full-Year Outlook Amid Market Challenges, Sales & Profits Rise
In the face of a challenging marketplace, Howdens has reported a 4.3% revenue growth in the first half of...
Conn’s Files for Bankruptcy: Rising Costs, Inflation, and Underperforming Stores Take Their Toll
Thousands of fintech leaders rely on Banking Dive's Fintech weekly newsletter to stay informed about industry developments. Conn's CEO...
Cotton Traders Faces Sales and Profit Dip Amid Challenging Conditions
British fashion brand Cotton Traders reports a 9.9% drop in FY23 operating profit to £9.8m, citing inflation and the...
Von Dutch Acquired and Bath & Body Works Partners with Crocs
Lead: From Von Dutch's acquisition to Build-A-Bear's new store on Chicago's Magnificent Mile, and John Legend and Chrissy Teigen...
Inflation Impact: One-third of Consumers Cut Spending in Q2, Report Reveals
In a recent Jungle Scouts' report, 84% of consumers admit inflation has impacted their spending habits. Despite this, outdoor...
Best Buy Canada Partners with Bell Canada to Open 167 Small-Format Stores
Best Buy Canada has opened its first Best Buy Express store in partnership with Bell Canada, marking a significant...
Parents to Spend More on Back-to-School Shopping Amid Inflation Concerns
In the face of various supply chain risks, logistics leaders are adapting plans for unpredictable situations. Parents across income...
Inflation Impact: Cosmetics Sales Thrive While Other Categories Struggle
In a recent report by Adobe Digital Insights, it's revealed that while consumers are cutting back on spending due...
Disposable Income for Low-Earning Households Reaches Three-Year High
Low-earning households experienced a near three-year high in disposable income with a 12.6% increase year-on-year in May, according to...