Finance
Shoppers to Shoulder the Burden of National Insurance Hike: A Retail Reality?
As the cost-of-living crisis deepens, retailers are sounding the alarm over the impact of the recent National Insurance increase, warning that it will be shoppers who ultimately foot the bill. Sainsbury’s and other major...
Elon Musk Warns of U.S. ‘Bankruptcy’ Looming Without Radical Economic Reform
Elon Musk, the high-profile CEO of Tesla and X (formerly Twitter), has issued a stark warning about the financial future of the United States. Taking to social media, Musk claimed the nation is heading...
Starbucks Faces Headwinds in China as Competition Intensifies
Starbucks is facing significant challenges in its Chinese market, where it has reported a sharp 14% decline in same-store sales for the fourth quarter of fiscal 2024, far exceeding the global average decline of...
How SpendingPulse™ Helps a Leading Grocery Brand Optimise Market Share – ISN Reveal by Mastercard and ISN Editorial Team
In the fiercely competitive grocery industry, staying ahead requires precise insights and strategic decision-making. A leading US-based grocery brand recently leveraged Mastercard’s SpendingPulse™ data insights to elevate its performance during critical periods such as...
Hannaford Responds to Cybersecurity Outage with Customer Coupons
Hannaford, a prominent grocery chain under the Ahold Delhaize group, is making amends with customers after a prolonged online outage by offering $10 discounts on purchases of $100 or more. The coupons, shared via...
Nestlé Targets $2.8 Billion in Cost Reductions and Growth with New Strategic Vision
Under the leadership of its new CEO, Francisco Freixe, Nestlé has unveiled an ambitious plan to reshape its business, driving efficiency and focusing on growth opportunities. By 2027, the company aims to reduce costs...
Kroger-Albertsons Merger Boosts Stock Market Activity as Shares Surge
The proposed Kroger-Albertsons merger has created a buzz in the stock market, driving significant activity as investors anticipate the outcome of this high-profile deal. Since January 2024, Kroger’s shares have soared by 32%, climbing...
Carrefour’s Strong Q3 Performance: Strategic Acquisitions and Future Growth Plans
Carrefour, one of the world’s largest retail chains, has continued to demonstrate resilience and strategic growth with its solid third-quarter sales results. The company’s latest financial report highlights a robust performance across its key...
Investing in Retail: A Conversation with Carrefour’s Dino Outchek on Retail Shares with Long-Term Potential
Louise Taylor recently sat down with Dino Outchek, a former stockbroker with expertise in retail investment, who now serves as an advisor to Carrefour. Known for his insightful takes on market trends, Outchek shared...
Mastercard’s 2024 Holiday Spending Forecast: Electronics, E-Commerce, and New Shopping Patterns Expected to Drive Growth
Mastercard’s latest holiday forecast suggests a promising retail season with a projected 3.2% increase in U.S. holiday spending compared to last year. Several key factors are set to shape shopping behaviors this season, which...