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Tag: fear

Fear of Pizza Express closures as chain faces takeover by bondholders | Business

Pizza Express is set to be taken over by its bondholders, with the possibility of restaurant closures as the high street chain struggles with the loss of revenues during the coronavirus pandemic. The chain’s Chinese owner, Hony Capital, could lose control of the company as part of a debt-for-equity swap. A group of investors in …

Fear of Pizza Express closures as chain faces takeover by bondholders | BusinessRead More

New report finds holiday spending down due to recession fear, tariff concerns

The fear of a potential U.S. recession is having a real impact on how consumers will spend their money this season. That’s according to a report from retail analytics and price optimization firm Intelligence Node, which found that 49% of U.S. consumers plan to cut back on holiday spending (with 51% currently cutting back on …

New report finds holiday spending down due to recession fear, tariff concernsRead More