Keywords: Consumer spending
Sales of school supplies in France fell by 5% in July compared with the same month last year, according to NielsenIQ data released Tuesday, pointing to a slower start to the 2026 back-to-school shopping season. The decline came despite a slight decrease in average prices, suggesting that households......
Bata India posted a strong start to its new financial year, with first-quarter profit rising 23% as consumers showed sustained demand for higher-priced footwear and sneakers. The Indian footwear retailer reported a profit of 639.8 million rupees ($6.70 million) for the quarter ended June 30, compared......
Restaurant Brands International delivered stronger-than-expected second-quarter comparable sales, with Burger King emerging as the company's key growth driver in the United States as consumers continued to respond to value-focused menu offerings. The fast-food operator outperformed market expectations......
Indian fashion retailer Trent delivered strong first-quarter earnings, reporting a 22% increase in net profit as the continued expansion of its Westside and Zudio store networks drove sales growth beyond the country's largest metropolitan markets. The Tata Group company said profit for the quarter......
Japan is set to introduce its most significant consumption tax reform in decades after Prime Minister Sanae Takaichi announced a temporary reduction in the tax applied to food and beverages. Beginning in April 2027, the rate will fall from 8% to 1% for a two-year period as the government seeks to cushion......
The U.S. economy lost momentum during the second quarter of 2026, expanding at a slower pace than economists had anticipated. However, resilient consumer spending and continued investment in artificial intelligence infrastructure suggest that domestic demand remains strong despite mounting external pressures. According......
British retailers recorded their weakest sales decline in six months during July, suggesting a modest improvement in consumer activity, although businesses remain concerned about persistent financial pressures, according to the Confederation of British Industry (CBI). The CBI's latest survey indicated......
Sapphire Foods India, one of the country's largest franchise operators for KFC and Pizza Hut, returned to profitability in the first quarter of the financial year as aggressive discount campaigns attracted more customers despite a highly competitive restaurant market. The company reported a consolidated......
Indian entertainment park operator Imagicaaworld Entertainment is planning a major expansion programme worth up to 10 billion rupees ($103.6 million) over the next five to six years, as the company seeks to capitalize on growing demand for leisure and experience-based activities across the country. The......
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