Eurozone Economic Outlook: Q2 2017

by May 28th, 2017

Source: Euromonitor International Macro Model We have upgraded our outlook for the Eurozone since February, with GDP growth forecast at 1.5% in 2017 and 1.6% in 2018. The economy has expanded faster than the long-term trend in the first half of 2017, despite high political uncertainty. Private sector confidence is significantly above the long-term average, […]

Green Power Boom: Developed Countries Reclaim the Leading Position in Renewable Energy Growth

by May 27th, 2017

While rapid advancements on the clean energy front are often associated with Europe or North America, in 2015, emerging countries exceeded the developed¬†world in terms of renewable energy investments for the first time. China was the primary driver of impressive growth in solar and wind power capacity over 2013-2015, while Western economies experienced a retraction […]

eTail Canada 2017: Building for the Digital Now

by May 27th, 2017

Despite a digitally engaged population and high levels of device ownership and internet access, Canadian consumers continue to spend significantly less on average through digital channels than US consumers.¬† Nevertheless, retailers in Canada are working to grow their own online sales, while also proactively preparing their stores and strategies for a scenario like the one […]

Takeaways from Card Forum 2017

by May 26th, 2017

After attending Card Forum 2017 in Austin, Texas earlier this month, Euromonitor spotted several trends developing across the consumer finance industry. There is significant opportunity for card payments as retail continues to shift online; security is likely to remain a key concern for consumers despite the decline in card fraud; and payment players need to […]

Fashion Friday: The Perfect Storm for UK Fashion Retailers in the Aftermath of Brexit

by and May 26th, 2017

In the aftermath of the Brexit referendum, the value of the pound has depreciated by around 17% against the US dollar, and by 12% against the EUR. Retailers in the UK have not reacted as quickly, and UPs remained unchanged for another few months after the currency depreciation. As a result, from a global perspective, […]

Trump Administration Releases Budget Proposal: Potential Implications for US Education Lending

by May 25th, 2017

On Monday 22 May, the Trump Administration released details of its proposed budget. The budget seeks to cut government spending across a variety of programmes. Among cuts to social programmes and the Environmental Protection Agency, the budget also aims to overhaul the student loan landscape in the US. Changes include removing subsidised provisions from certain […]

Three Restaurant Technology Trends in Foodservice at the NRA Show 2017

by May 25th, 2017

  Technology was on display at the National Restaurant Association Show 2017. Consumer facing technology that enhances the level of customisation was a big trend at the show, with Coca-Cola’s freestyle machine on display. Software solutions catering to back-of-house processes, such as technology that monitors food safety were also prevalent at the show. Lastly, consumer-facing […]