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Articles about consumer

Black Friday sales hit $1bn Monday, 26th November 2012

Black Friday sales hit $1bn

Black Friday retail sales tipped USD 1 billion this year as consumers flocked to the internet to do their Christmas shopping.

Posted by Kirsty Simmonds

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Black Friday fever hits the UK Friday, 23rd November 2012

Black Friday fever hits the UK

Black Friday is upon us, and the British are in no mood to let Americans have all the fun.

Posted by Kirsty Simmonds

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Premier Foods cuts 900 jobs Tuesday, 20th November 2012

Premier Foods cuts 900 jobs

Premier Foods is dropping 900 staff members at its bread division and is closing two bakeries as it attempts to restructure its logistics operations.

Posted by Kirsty Simmonds

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Retail sales dip 0.8% in October Thursday, 15th November 2012

Retail sales dip 0.8% in October

Retail sales fell in October as consumers scaled back their food and clothing purchases, according to data released by the Office for National Statistics.

Posted by Kirsty Simmonds

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Consumers to spend £4.6bn online this Christmas Tuesday, 13th November 2012

Consumers to spend £4.6bn online this Christmas

Internet retailers are expecting consumers to part with £4.6 billion during the first two weeks of December – up from £3.7 billion in the same period last year.

Posted by Kirsty Simmonds

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The BRC urges George Osborne to rescue retailers Monday, 12th November 2012

The BRC urges George Osborne to rescue retailers

The British Retail Consortium (BRC) today submitted papers to Chancellor George Osborne that warn of “stubbornly weak” consumer confident, “flat” sales on the high street and that business rates are rising “rapidly”.

Posted by Kirsty Simmonds

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High street revolts against credit card fraud Monday, 12th November 2012

High street revolts against credit card fraud

A group of high street retailers, led by Dixons, have launched a £70 million legal battle in an effort to recover VAT paid on fraudulent credit card transactions.

Posted by Kirsty Simmonds

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Visa and MasterCard both see profits rise with increased card use Thursday, 1st November 2012

Visa and MasterCard both see profits rise with increased card use

The world’s largest credit and debit card networks each reported an increase in profits thanks to a rise in consumer spending and card use worldwide. According to Visa, the biggest global network operator for credit and debit cards, payments after adjustments to currency exchange rates grew 6 per cent in the three months to September compared with a year before.

Posted by Ava Szajna

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Consumer morale lowest for six months, according to survey Wednesday, 31st October 2012

Consumer morale lowest for six months, according to survey

Consumer confidence dropped to its lowest point for six months in October, according to a survey by GfK NOP.

Posted by Kirsty Simmonds

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UK retail sales increase in October Tuesday, 30th October 2012

UK retail sales increase in October

UK retail sales increased to a larger extent than was originally forecast in October, according to a survey by the Confederation of British Industry.

Posted by Kirsty Simmonds

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