McDonald’s US Sales Slip 0.2% as Customer Traffic Falls, but Profit Beats Forecasts
McDonald’s has reported its first fall in US same-store sales in more than a year, a sign that even the world’s biggest burger chain is...
Tag : consumer spending
From Groceries to Home Loans: How $110 Oil Is Reshaping Household Budgets
For most households, oil prices are not an abstract market number. At about $110 a barrel, a five-month high, they are showing up at the...
Nike Forecasts Revenue Decline and Job Cuts as Greater China Sales Slump 22%
Nike reported a first-quarter profit that beat Wall Street’s forecasts on Thursday, but a fall in sales, a steep slump in Greater China and a...
Anxious but Still Spending: Holiday Shoppers Are Reshaping Lifestyle Habits Around Frugality
Retail bosses are heading into the holiday season with a puzzle. Shoppers say they are struggling, yet they still appear ready to spend. At the...