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India is set to become the third largest consumer market in 2026, surpassing Germany and Japan, according to a UBS report. The report predicts that the affluent category will double in the next five years, with 88 million people with over $10,000 annual income by 2028. Consumption growth is expected to remain muted at 4-5% in the current and next fiscal, below the 6.5-7% average annual growth seen during FY11 and FY20.
The U.S. Food & Drug Administration said 4 oz. packages of Planters Honey Roasted Peanuts and 8.75 cans of Planters Deluxe Lightly Salted Mixed Nuts have the potential to be contaminated with listeria.
The National Development and Reform Commission (NDRC), China’s top economic planner, held a symposium in recent days with representatives of private companies on trade-ins of large-scale equipment and consumer products, according to a post seen on Monday on the NDRC's WeChat account.
These Nike signature shoe collections, known for their bold colors and unique designs, were some of the most in-demand sneakers and changed the economics of the shoe industry.
Frequent flyers on Delta, United, Air Canada and others can grab free silver or gold status on British Airways. It gives access to American Airlines perks including lounges.
Starbucks customers have had enough of high prices and painfully slow service - with the coffee chain admitting it has lost tens of millions of visitors this year.
Tyson Foods Inc. shares plunged the most since August after the company said persistent inflation has eroded consumers’ appetite for the branded and ready-to-eat offerings accounting for most of the company’s profits.