Browsing: economic pressures

The Bank of England’s decision to lower interest rates to 4.75% comes at a time when inflationary pressures are declining.…

Dune has reported a notable financial downturn over the latest fiscal year.The company’s operating loss reached £3.9 million, contrasting an…

The alcohol industry is facing a significant downturn in sales as consumers adjust their spending habits post-pandemic. Major brands are…

Shoplifting in the UK is reaching unprecedented levels, raising serious concerns nationwide. In particular, the year 2023 has seen a…

New Look has successfully reduced its pre-tax losses, reflecting strategic adaptation amidst challenging market conditions.Sales fell by nearly 9% to…

The retail sector is witnessing unprecedented store closures this year, marking a notable shift in consumer habits driven by economic…

Deloitte has announced a significant reduction in its UK workforce due to ongoing economic pressures. This move affects 250 employees,…

China’s food delivery industry, valued at $200 billion, is a colossal entity offering rapid services across the nation. However, the…

7-Eleven will permanently close 444 locations throughout North America. This decision is attributed to a mix of economic challenges and…

PepsiCo has revised its annual sales growth target amidst changing consumer preferences.The company’s forecast now expects low single-digit growth instead…