Failing to hand over refunds to customers is a direct breach of guidance from European and U.K. authorities. Yet several tour operators have failed to refund customers their money. Some of Europe’s largest travel companies are holding on to their customers’ cash months after trips were canceled because of coronavirus. …
Read More »The Ratings Game: Amazon is making gains with older consumers as more people turn to e-commerce during COVID-19
Amazon.com Inc. has become the go-to shopping site for many consumers during the COVID-19, including an increasing number of older customers, according to SunTrust Robinson Humphrey analysts. Amazon AMZN, -1.66% reported earnings late Thursday that nearly doubled year-over-year to $ 10.30 per share, with sales up 40% to $ 88.9 …
Read More »: Deodorant sales fall due to social distancing but locked down consumers send ice-cream sales soaring, says Unilever
People socializing less and working from home caused a slump in demand for personal care items like deodorant and makeup, consumer goods giant Unilever ULVR, +0.15% said on Thursday. The firm, which owns Dove soap and Axe deodorant, as well as hundreds of other brands, said lockdowns led to a …
Read More »Tequila is the spirit of choice during coronavirus lockdown as consumers stock up ahead of Cinco de Mayo
Disinfectants and hand sanitizers may be dandy for consumers sheltering at home from the coronavirus pandemic, but for some it appears liquor is quicker. From the week ending March 7 through the week ending April 18, when U.S. consumers were most impacted by the COVID-19 pandemic, total alcohol sales jumped …
Read More »