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Consumer Goods & Retail Market News
12.12.2008 / Frozen bread and bakery foods market is still attractive in spite of occurring crisis processes and slow stage of the market development.
Experts of Information Agency «Credinform North-West» consider that Russian frozen bread and bakery foods market is in an initial development stage and rather young. But gradual recession of fresh bread demand (1-3% per year) and basic...

12.11.2008 / Consumers to spend less this Christmas
Consumers across Europe are set to rein in their spending over the festive period, business consultancy Deloitte has predicted. Just days after around one in four of the British families polled by the Family and Parenting Institute admitted...

31.10.2008 / U.K. Consumer Confidence Falls Close to Record Low
U.K. consumer confidence dropped in October close to the weakest level since at least 1974 as the financial crisis spooked British shoppers, GfK NOP said. An index of sentiment, based on a survey of 2,002 people between Oct. 3 and Oct. 19,...

28.10.2008 / Whirlpool, Its Earnings Down, Plans More Job Cuts
The Whirlpool Corporation, the home appliance maker, said Tuesday that it would cut about 5,000 jobs by the end of 2009 because of the global credit crisis and its expectation for continued reduced demand in North America and Europe. The...

28.10.2008 / Outlook gloomy as retail sales fall
Retail sales in Britain fell for the seventh consecutive month in October and the outlook for next month remains weak, a survey showed today. The Confederation of British Industry said half of all retailers surveyed suffered falling sales...

23.10.2008 / Retail revenues fall as clothing sales unravel
Retail sales fell by less than expected during September but annual growth declined to a two and a half year low after demand for new clothes and household goods slowed. Sales volumes fell by 0.4 per cent last month, according to figures...

22.10.2008 / McDonald's profit jumps 11%
McDonald's Corp. posted an 11% rise in third-quarter profit, helped by strong sales worldwide, the fast-food giant said Wednesday. Before the start of trading, McDonald's said it earned $1.19 billion, or $1.05 a share, up from $1.07 billion,...

16.10.2008 / Remy Sales Fall 2.5% on Dropped Distribution Accords
Remy Cointreau SA, France's second- largest liquor company, said first-half sales fell 2.5 percent, less than analysts expected, after ending contracts to distribute lower-priced beverages. Revenue dropped to 365.2 million euros ($489...

15.10.2008 / Johnson & Johnson Posts Strong Results
Johnson & Johnson showed resilience Tuesday in the face of an economic downturn, posting higher third-quarter sales and earnings. Because the large medical products company is more broadly diversified than many other drug and medical device...

15.10.2008 / U.S. September Retail Sales Probably Fell, Led by Automobiles
Sales at U.S. retailers probably decreased in September as mounting job losses, plunging home prices and the deepening credit crisis rattled consumers, economists said before reports today. Purchases fell 0.7 percent, the most in more than...