Shoppers and retailers set for ‘challenging’ 2024, says BRC
The British Retail Consortium says shoppers will still be squeezed by higher living costs this year.
The British Retail Consortium says shoppers will still be squeezed by higher living costs this year.
As we move into 2024, small businesses face an ever-evolving landscape filled with both challenges and opportunities. To thrive in this dynamic environment, small business owners must adopt innovative strategies and remain adaptable. This blog post explores top strategies that can help small businesses navigate the complexities of the modern marketplace and achieve sustained growth….
The world’s oil cartel agreed to slash production of crude by nearly 2 million barrels per day starting in January, a move likely to ratchet up geopolitical tensions with the United States and spike energy costs. At its Thursday meeting, the 13-member Organization of the Petroleum Exporting Countries and its 10 Russia-led allies, which together…
Used cars for sale at Lee Auto Mall on Wednesday, August 16, 2023. (Staff photo by Brianna Soukup/Portland Press Herald via Getty Images) Brianna Soukup | Portland Press Herald | Getty Images DETROIT — Used vehicle prices are expected to stabilize this year, after buyers of pre-owned cars and trucks got more relief in 2023…
A sharp drop in mortgage interest rates in December may have kickstarted this year’s spring housing market early. Rates are about a full percentage point lower than they were in October, and consumers expect they will fall even more. Optimism about mortgage rates increased sharply in December, according to a monthly consumer survey by Fannie…
In an age of constant notifications, flashy ads, and endless scrolling, louder isn’t always better. Increasingly, consumers are gravitating toward brands that embrace quiet branding—a minimalist approach that prioritizes authenticity, simplicity, and trust over noise and flash. From fashion labels to tech companies, businesses are learning that restraint can often make a stronger impact than…
Federal labor regulators are looking to force Starbucks to reopen six Los Angeles-area Starbucks stores and 17 other locations that were closed across the country in 2022 in a move that was allegedly done to suppress union organizing. The complaint filed by the National Labor Relations Board accused Starbucks of closing stores where workers had…