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Consumers News

Aiding unbanked emerging market consumers: Interview Special

Wala is a new financial platform built on the Ethereum blockchain designed help the 3.5 billion unbanked emerging market consumers reach financial prosperity by eliminating their barriers to banking. We spoke with Tricia Martinez, the CEO of Wala.

Monks and nuns make big business in France

Chantelle - After prayers at the Chantelle Abbey in Allier, central France, a marketing meeting between the abbey's nuns and their employees discusses the latest orders for its on-site soap and cosmetics products, the delivery destination: Germany.

Fayre's not fair for Eastern Europeans

Bratislava - Grumbling that their western neighbours enjoy better quality fayre, from chocolate to ketchup, eastern Europeans stepped up their campaign Friday for better food standards.

No milk, sugar: Venezuelans lose prized ice cream to crisis

M - The Coromoto ice cream parlour had it all - chocolate and vanilla for sure, though also garlic, avocado and even octopus sorbets... but the things you can't find in Venezuela any more, like milk and sugar, means the landmark has had to close for good.

JP Morgan forecast — EV revolution will have a bunch of losers

Exactly when the transition to electric vehicles (EVs) will take place has been the center of speculation by many groups. Many in the oil and auto industries predict it will happen in their grandchildren's lifetimes. But it could happen a lot sooner.

KitKat bets on weird and wonderful flavours in Japan

Inashiki - Cough-medicine-flavoured KitKat anyone?It may not be to everyone's taste, but this is just one of 300 weird and wonderful flavours flying off the shelves in Japan, which has become the world's biggest market for the four-fingered snack.

Retailers using location analytics to improve customer experience

Consumers are starting to engage with businesses in new ways, using the Internet to post questions or to track orders. Rising consumer expectations in relation to when they will get their goods is driving interest in location analytics.

European mobile operators brace for end of roaming charges

Paris - Long an important source of revenue for telecom companies, roaming charges will be lifted in Europe starting June 15, raising pressure on operators in a tight market.

Apple is the world’s most intimate brand

There are lists for the most identifiable brands, even the most loved brands. But what about ‘brand intimacy’? This refers to the emotional bond between a person and a brand. New data suggests we’re closer to technology companies.

Psychology explains what retail therapy is all about

When people are unhappy they often go out and buy something in order to make themselves feel better. One of the drivers for this, psychologists report, could be a fundamental unhappiness with personal relationships.

What your choice of smartphone says about you

What does your choice of smartphone reveal about your personality? Are Android users really more honest than iPhone users? New research says so.

Christo artwork a 'waste of public money': Watchdog

Rome - An Italian consumer group said Saturday it suspected artist Christo's popular floating walkway on a lake had involved an unreasonable waste of public money.

Changing eating habits in the U.K.

London - The types of food eaten each week by a typical British family have changed during the past 40 years, according to recently released government statistics.

Whole Foods will slash 1500 jobs to offer consumers lower prices

Whole Foods Inc. announced on Monday that it is cutting about 1,500 jobs over the next eight weeks in an effort to lower prices and keep up with the competition. The cuts make up about 1.6 of the company's workforce.

Computer market suffered dramatic, worst-case sales decline in Q2

The personal computer market experienced a substantial decline of nearly 12 percent in the last quarter, exceeding previous worst-case scenario estimates. Many experts consider the PC to be a dying breed but there may be reasons for this particular slump.

Windows 'Redstone' coming 2016: What you need to know

Details have emerged of Microsoft's future upgrade plans for Windows beyond the launch of Windows 10 this summer. The company will release two updates for the OS in 2016. They are currently in development under the codename "Redstone."

Graphene light bulb headed for shops, cuts energy use by 10%

The first commercially viable consumer product to be built from graphene is to go on sale before the end of the year. The dimmable light bulb will use 10% less energy than other bulbs but will last longer because of graphene's increased conductivity.

U.S. shoppers go in for the kill on 'Black Friday'

Leesburg - The traditionalists don't like it, but the "Black Friday" shopping frenzy is as much a part of the Thanksgiving holiday in the United States as turkey and pumpkin pie. And it's only Thursday.

Pay day loan middlemen complaints double in UK this year

Earlier this week, the Financial Ombudsman Service in the UK reported how it had seen complaints about so-called "middlemen" to pay day loan providers more than double this year.

Consumers sue over drug-resistant Salmonella in meat

Washington - A consumer group is set to sue the U.S. Department of Agriculture. This is for putting the public's health at risk by allowing meat with antibiotic-resistant strains of Salmonella to be sold to in stores.

Helping online shoppers enjoy a safer buying experience Commissioned

The convenience of buying online is unquestioned, but safety concerns have arisen due to data breaches and other problems. Here's what you need to know.

Marketing challenges for big brands as face of families changes

Marketing campaigns are changing gears as the definition of the modern family takes new shape, says director of strategy at Saatchi & Saatchi.

US incomes, spending rise in February; inflation low

Washington - US consumer incomes and spending gained for the second straight month in February, while inflation pressure remained subdued, the Commerce Department reported Friday.

EU finds broadband users are confused and overcharged

Brussels - Internet service providers in Europe are charging wildly inconsistent prices for broadband connections, leaving customers confused and short-changed, according to research released Tuesday by the European Commission.

Russian spending in Britain drops

London - Russian spending in British shops fell by 17 percent last month compared to February 2013, according to tax-free shopping statistics out Monday.Visitors from Russia spent an average £669 ($1,103, 800 euros) per transaction, according to Global Blue, s...

China consumer show targets camera maker Nikon in annual ritual

Japan's Nikon Corp has moved to allay consumer fears in China after being criticized on a closely watched consumer show that said the camera maker had sold defective products in China and denied local consumers fair treatment.

Top EU official warns of misleading app developers

Brussels - Just two weeks after suggesting the European Union is on the cusp of a digitally led economic bonanza, officials warned Thursday that web developers may be misleading consumers.EU Justice Commissioner Viviane Reding called a two-day meeting with Europe...

Europe invites Apple, Google to discuss 'in-app' purchases

The European Commission announced plans on Thursday to tackle one of the scourges of the modern age - games on tablets and mobile phones that allow adults and children to rack up vast credit card bills by...

Op-Ed: Paper or email? Digital receipts offer benefits for businesses

In an era of online shopping and electronic bookkeeping, paper-based receipts seem outdated. E-receipts can save both consumers and businesses money, sending the information directly to a customer’s email inbox. But are customers biting?

Online retailers transforming marketplace, saving consumers cash

Lakewood - Is it the end of browsing around the bricks-and-mortar store? It may become an antiquated practice now that retailers are establishing a presence on the Internet and online sales are projected to grow each year.
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Depicting the idea of online shopping
Depicting the idea of online shopping
Via Flickr user Noel Worli
In the UK and America  30 to 40 percent of the food we buy gets thrown in the trash.
In the UK and America, 30 to 40 percent of the food we buy gets thrown in the trash.
FoodWaste TV
A logo for Consumers International.
A logo for Consumers International.
Consumers International
The Florida Organic Aquaculture shrimp farm opened in Fellsmere  Florida in 2014.
The Florida Organic Aquaculture shrimp farm opened in Fellsmere, Florida in 2014.
Vero News
Sargent  Bruce McPhilips of the South San Francisco Police Dept. cautions that when people rely too ...
Sargent, Bruce McPhilips of the South San Francisco Police Dept. cautions that when people rely too much on high tech conveniences, they might make themselves more vulnerable to thieves.