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.
Similar Posts
Mortgage rate decline pulls buyers back into the housing market
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…
China sanctions five US defence firms over Taiwan arms sales
Taiwan is preparing to hold presidential and parliamentary elections on 13 January.
Shell Flags Earnings Hit of Up to $4.5 Billion From Impairments
Updated Jan. 8, 2024 5:44 am ET Shell said its fourth-quarter earnings took a hit of between $2.5 billion and $4.5 billion in impairments that were offset by significantly higher gas trading, while its overall production volumes are on track to meet targets. The London-based energy giant said Monday that the impairments were primarily driven…
Running a franchise business like fast food is getting more expensive
A customer views a digital menu at the drive-thru outside a McDonald’s restaurant in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images McDonald’s decision to raise royalty fees for the first time in nearly three decades doesn’t mean a wave of franchisees across corporate brands are about to see their cost of doing business…
Bankrupt Diamond Sports gets extension to score MLB streaming deal with Amazon
Bankrupt regional sports network Diamond Sports got a few extra innings to work out a streaming deal with Amazon after a bankruptcy judge delayed the embattled company’s showdown with Major League Baseball. The nation’s largest RSN, which operates under the Bally’s name, owns the broadcast rights to half the NBA teams, a third of NHL…
SEC makes it easier to trade bitcoin in landmark decision
Comment on this storyComment Add to your saved stories Save The Securities and Exchange Commission voted Wednesday to allow Wall Street firms to offer easier ways to buy and sell bitcoin on financial markets, a major decision that could lead to the cryptocurrency becoming more mainstream just over a year after the crypto markets crashed….
