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Tag: recession

How to Make Your Retail Business Recession-Proof: 6 Tips

The current global climate is tough for retailers to say the least. And with economists all but guaranteeing that a recession is upon us, we know that retailers all over the world are worried.  No matter what situation you’re in right now — whether you’re still selling online, doing curbside pickup, or not selling at …

How to Make Your Retail Business Recession-Proof: 6 TipsRead More

Factory and shop closures ‘will push UK into deep recession’ | Recession

Factory and high street store closures after the coronavirus outbreak will push the UK into a deep recession this year, a study of the economy has concluded. KPMG’s latest quarterly economic outlook found the UK’s national income (GDP) has already stalled as businesses shut their doors and consumers restrict their spending to food and other …

Factory and shop closures ‘will push UK into deep recession’ | RecessionRead More

No recession is inevitable but things can turn bad fast. Here’s how to tell if stimulus is working | Greg Jericho | Opinion

With the talk of a recession in full swing, we should get a few things out of the way. Firstly, no recession is inevitable, so let’s put an end to such talk right now. You want a recession, then start reporting and saying that we will probably have a recession. Secondly, even if we do …

No recession is inevitable but things can turn bad fast. Here’s how to tell if stimulus is working | Greg Jericho | OpinionRead 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

P&G CFO Jon Moeller says it’s in a ‘much better place’ to withstand recession

Procter & Gamble CFO Jon Moeller doesn’t see any signs the U.S. consumer is slowing, but that can change “pretty quickly,” he acknowledged in the company’s fiscal first-quarter earnings call. If it does, the company is ready. “We are better positioned for several reasons to deal with [an economic] downturn than we were in 2007,” …

P&G CFO Jon Moeller says it’s in a ‘much better place’ to withstand recessionRead More

UK edges towards recession as service sector sinks | Business

Britain has edged closer to its first recession since the financial crisis after the country’s dominant service sector unexpectedly plunged into contraction last month, in a sign of the mounting stress facing the economy as Brexit looms. According to IHS Markit and the Chartered Institute of Procurement and Supply (Cips), activity in the sector fell …

UK edges towards recession as service sector sinks | BusinessRead More