Young People in China Curb Spending on Romance Amid Economic Struggles
During the prosperous years of China’s economic boom, the Qixi Festival, often referred to as the Chinese version of Valentine’s Day, was marked by lavish spending....
Etiket: Consumer Spending
Home Depot Warns of Sales and Profit Decline Amid Weak Consumer Spending
Home Depot has issued a warning of a decline in both annual profit and comparable sales, attributing the downturn to weakened consumer spending and delayed home...
Shopify Shares Surge 22% on Strong Earnings and Positive Forecast
Shopify’s stock surged up to 22% in early trading on Wednesday after the company reported stronger-than-expected second-quarter earnings, despite a mixed consumer spending environment. The Canadian...