Norauto teams up with Klaro to boost staff purchasing power Europe Since June 2024, Norauto's HR department has been offering all 7,000 French staff use of Klaro, a start-up simplifying access to welfare benefits and local assistance. Staff using the app are now eligible for an average of 4 types of assistance.
Despite stable inflation, European retail has not recovered in the 1st half of the year According to Eurostat, inflation in Europe and the U.S.A. levelled out at around 2% year-on-year at the end of June. However, food inflation remains at 26% and 19% respectively, over a rolling 3-year period. Whilst not affecting the U.S.A., price rises are having a major impact on retailers in Germany, and to a lesser extent in France.
Inflation, retail sales, unemployment: 7 charts to understand the health of retail in Europe and the U.S.A. in H1 2024 mind Retail presents a review of macro-economic indicators for the 1st half of 2024. At the end of June 2024, what was the level of inflation in Europe, the U.S.A. and China? How is it impacting the retail market? Read our analysis based on data from Eurostat, the US Census Bureau and China's National Bureau of Statistics.
[Inflation barometer] Eurozone: FMCG prices rose in 2023 and remain 2 times higher than in the USA Despite a slowdown in inflation in recent months, the gap between food inflation and overall inflation (measured by the HICP, which includes products and services) remains wide. Ira Kalish, Chief Economist at Deloitte, and Emily Mayer, Director of Business Insights at Circana, shed light on the key figures in the annual inflation review for Europe and the USA.
Walmart invests massively in private label offering Americas After announcing the closure of the health center business, Walmart is investing in a major overhaul of private labels. It aims to enhance loyalty of high-income households, in order to compensate for the loss of shoppers to discount retailers.
Walmart slashes subscription fees to win the loyalty of low-income households Americas Wheras Intermarché offers a “small budget advantage” based on French family income, Walmart in the U.S.A.…
British online shoppers reduced their average shopping basket by 14% in 6 months Europe In the U.K., rising prices are reducing consumer purchasing power. According to Foxinteligence, the average number of items per e-commerce basket fell …
After the soaring import bill, shortages persist in Tunisia Africa, Middle East For almost a year now, Tunisia has been experiencing a series of shortages of essential foodstuffs such as sugar, semolina,…
