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Consumers

CIIE 2023: Muji, Canada Goose, L’Oreal bet on rising Chinese consumer spending with expansion and investment plans

by Anas Siddiqui
CIIE 2023: Muji, Canada Goose, L’Oreal bet on rising Chinese consumer spending with expansion and investment plans

Japanese retailer Muji plans to expand its physical presence in mainland China, joining Canada Goose and L’Oreal in a bullish stance towards Chinese consumer spending. Aiming to set up 50 …

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CIIE 2023: Premier Li Qiang promotes Chinese consumers as fix for global economy amid push to improve trade ties

by Anas Siddiqui
CIIE 2023: Premier Li Qiang promotes Chinese consumers as fix for global economy amid push to improve trade ties

Consumer vigour and further opening up in China could give a much-needed boost to the stalling global economy, Premier Li Qiang said on Sunday, in the latest sign that Beijing …

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940,000 Insignia pressure cookers recalled in Canada and U.S. due to burn risk

by Anas Siddiqui
940,000 Insignia pressure cookers recalled in Canada and U.S. due to burn risk

Best Buy is recalling nearly one million pressure cookers due to a defect that can cause hot foods to spew out and burn people using them. The recalled pressure cookers, sold under …

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It’s no trick — the cost of Halloween treats is creeping over inflation. But not enough to scare shoppers

by Anas Siddiqui
It’s no trick — the cost of Halloween treats is creeping over inflation. But not enough to scare shoppers

Suzanne Parnell smiles like a jack-o’-lantern when she talks about Halloween. The homeowner, who lives in New Westminster B.C., about 20 kilometres southeast of downtown Vancouver, says she has been decorating her property …

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Retail sales fell in August and were flat in September as consumers closed their wallets

by Anas Siddiqui
Retail sales fell in August and were flat in September as consumers closed their wallets

Retail sales fell by 0.1 per cent to $66.1 billion in August, Statistics Canada reported Friday, adding that advanced estimates for September look like no growth, too. The data agency …

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The C-Suite Interview: Tapestry CEO Joanne Crevoiserat

by Anas Siddiqui
The C-Suite Interview: Tapestry CEO Joanne Crevoiserat

“Consumers are voting more with their values … They don’t want to wear your product as a badge.” When Joanne Crevoiserat joined Tapestry as chief financial officer in August of …

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Amazon: Inside Amazon’s new seller strategy: A shadow fight with Meesho and boosting ‘new Cloudtails’

by Edgar Davis
Amazon: Inside Amazon’s new seller strategy: A shadow fight with Meesho and boosting ‘new Cloudtails’

An employee takes stock of stacked products at Amazon’s newly launched fulfilment centre on the outskirts of Bangalore, India. Synopsis Amazon has made several major revisions in the fees it …

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