Germany’s retail sector reported a 2.7% increase in revenue for 2024, marking its first growth after two years of decline. However, the industrial sector faced challenges with a 5.4% drop in new orders in November. Experts note that while consumer…
Lidl experienced its most successful Christmas trading period, with sales rising almost 7% to over £1 billion, driven by increased customer visits and robust party food demand. Despite the growth, concerns remain about tax rises potentially impacting job losses and…
The Christmas shopping season in Switzerland has experienced increased consumer spending compared to 2023, with positive reports from major retailers like Manor and Digitec Galaxus. Data indicates a rise in both online and brick-and-mortar sales, with consumers reportedly spending an…
Migros CEO Mario Irminger announced plans to open 140 new stores in the coming years, focusing on areas with significant population growth near Zurich and along Lake Geneva. He highlighted potential locations in Zurich’s agglomerations and expected an increase of…
US investors showed optimism as stock markets extended their record streak on Black Friday, buoyed by retail giants like Target, Walmart, and Nike. The Dow Jones and S&P 500 both hit new highs, reflecting strong holiday sales expectations despite challenges…
