About a third of the country's baby formula businesses will be axed, in what experts are calling a major consolidation of the industry. The government has been trying to revive the industry since the 2008 melamine scandal, but consumer ...
Tags: Baby Formula, milk powder
UK-based independent brokerage Drewberry Insurance has launched a new protection payout rate tool that provides the payout rates across 11 different providers for income protection, critical illness insurance and life insurance. The new ...
Retail sales showed positive momentum to varying degrees in May, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that May retail sales at $421.1 ...
Improved consumer confidence and spending helped drive retail sales in May. According to the National Retail Federation, the world’s largest retail trade association, May retail sales (excluding automobiles, gas stations and ...
Tags: Retail Sales, Apparel
Shipments of television sets in the United States declined by 11 percent in the first quarter of 2013 compared to one year earlier, according to a TV Systems Intelligence update from information and analytics provider IHS. U.S. TV ...
Tags: TV Shipments, Prices, US
Peruvian small and medium enterprises (SMEs), including the clothing sector, would benefit due to the implementation of the free trade agreement (FTA) between Peru and Costa Rica, which came into effect from June 1, 2013, according to ...
Tags: Apparel
The rise of the "hybrid consumer" is an emerging trend with significant implications for food companies, food retailers and foodservice companies. According to a new report from Rabobank, consumers are becoming less interested in ...
Tags: Packaging, hybrid consumer, food
Gift cards, vouchers and alternative payment methods on the increase. UK shoppers did 9.7 per cent less of their shopping with cash in 2012 compared to the previous year. Paying with cash is still the most popular choice for customers ...
The Australian dollar fell after another batch of good US economic data cemented hopes of a winding down of economic stimulus measures by the US central bank. At 7am AEST the local unit was trading at 96.16 US cents, down from 96.55 cents ...
Tags: dollar, Australian, US Data
GS1 US has introduced two new readiness programs to help companies in the food industry implement and improve product traceability processes by leveraging GS1 Standards: the Seafood Traceability Readiness Program and Dairy, Deli, Bakery ...
After a torrid trading week that saw more than $30 billion wiped off local stocks and the Australian dollar slide further, investors will be hoping for some economic cheer from China this week to offset further confirmation that Australia's ...
According to the latest report from Frost & Sullivan, the United Arab Emirates (UAE) is showing a greater demand for cloud security solutions, as cloud uptake in the region continues to increase. In its recent "State of Cloud Computing ...
Oil futures closed out the week in higher territory Friday, boosted by a strong equities performance even as the US Dollar Index climbed to a 34-month high. NYMEX June crude settled 86 cents higher at $96.02/b, after ranging from a low of ...
Tags: Oil Futures, Strong Equities
The sharemarket opened the week with a solid gain yesterday on signs of recovery in the US economy ahead of Federal Reserve chairman Ben Bernanke's monetary policy testimony on Wednesday (US time) before the joint economic committee of ...
Tags: Sharemarket, Solid Gain
The sharemarket closed stronger, up 1 per cent during the day but eased to about 0.5 per cent higher by the finish. At the close, the benchmark S&P/ASX200 index was up 28.2 points, or 0.54 per cent, at 5209 points. The broader All ...
Tags: Wall Street, Sharemarket