Consumer

Nike (NKE) reported fiscal first quarter results after the bell on Thursday that topped Wall Street's estimates for gross margins and earnings per share while showing less of a slowdown than expected in the wholesale division of its…

Some banks are seeing new stresses among certain retail customers, hinting at challenges to come as a resilient US consumer navigates a series of challenges in the second half of this year.Executives from Wells Fargo (WFC), Fifth Third…

Receive free Chinese economy updatesWe’ll send you a myFT Daily Digest email rounding up the latest Chinese economynews every morning. China’s economy edged out of deflation in August, as Beijing struggles to promote growth and…

Conflicting headlines out of the UK:British retail consortium August total sales +4.1% y/y vs July +1.5% British retail consortium August like-for-like sales +4.3% y/y vs July +1.8% Barclay UK August consumer spending +2.8% y/y vs July…

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Yuri Kageyama Published Aug 30, 2023  •  3 minute read Article content TOKYO (AP) — Asian shares rose Wednesday, boosted by a…

© Reuters. FILE PHOTO: Analog Devices' logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) - Analog Devices (NASDAQ:) forecast fourth-quarter revenue…

JHVEPhoto/iStock Editorial via Getty Images BJ’s Wholesale Club (NYSE:BJ) fell 1.6% after the company revised guidance and signaled caution on the U.S. consumer. For the fiscal year ending February 3, sales will increase by 2% from the…

© Reuters. Investing.com - The US dollar rallied in early European hours on Wednesday, bouncing off a 15-month low, while sterling eased after weaker-than-expected UK inflation data. At 02:55 ET (06:55 GMT), the US dollar, which…

© Reuters. A shopper looks at fruits and vegetables inside an ALDI supermarket near Altrincham, Britain, February 20, 2023. REUTERS/Phil Noble/ By James Davey LONDON (Reuters) - British consumer group which? The government urged…

Get free updates on the Chinese economyWe will send you a file myFT Daily Digest Rounding email to the latest Chinese economyNews every morning. China's economy teetered on the brink of recession in June, adding to calls for Beijing…