Lowe’s Braces for Possible Tariff Impact on Supply Chain and Sales
Lowe's executives warn that another round of tariffs could add costs to the company, as 40% of its assortment...
interest rates
Sainsbury’s CEO Urges Government Action for Consumer Confidence Boost Amid Economic Uncertainty
Sainsbury's CEO Simon Roberts urges the government to boost consumer confidence in the upcoming Budget, citing concerns over higher...
Sainsbury’s CEO Urges Government Action Amid Cost-of-Living Crisis Impact on Consumer Spending
Sainsbury's CEO Simon Roberts warns that Brits facing the cost-of-living crisis may not resume spending until the new Labour...
Sleepeezee Reports £159k Pre-Tax Profit Amid Economic Challenges
Sleepeezee, a bed retailer, reported a pre-tax profit of £159,261 despite a drop in turnover from £39m to £38.7m...
BoE Maintains Interest Rates at 5%, Aims for Inflation Control
In a recent decision, the Bank of England (BoE) chose to maintain interest rates at 5%, following a reduction...
Holiday Shopping Trends: Spending Less, Earlier Starts, and Online Shifts
In Bankrate's recent holiday report, it's revealed that consumers are feeling the pinch of inflation and high interest rates,...
Fred Perry’s Profits Soar Amidst Global Challenges
In 2023, Fred Perry saw a significant increase in profit-before-tax of 11.5% to £18.4m and turnover up by 10%...
Home Depot Returns to Sales Growth in Q2 Thanks to SRS Distribution Acquisition
In a recent call with analysts, Home Depot CEO Ted Decker expressed caution for the year ahead due to...
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,...
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...