Weekly Roundup: Halfords issues warning as promotions hit profits, The evolving CMO role, UK shows ‘resilience’ in face of recession
Blaze Media
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INDUSTRY NEWS
Halfords issues warning as promotions hit profits
Weaker consumer confidence and an increasingly promotional environment has led Halfords to downgrade its profit expectations and seek strategies to cope with market?volatility.
Consumer spending on grocery promotions up by nearly ￡600m in February
The amount spent on promotions increased by 4% versus the same month last year, according to data from Kantar, as supermarkets compete to out-do each other on price in an ever-competitive environment.
‘Marketing won’t change’: Top marketers on the evolving CMO role
CMOs from Channel 4, Chelsea Football Club and Octopus Energy discuss the trends impacting marketing’s top job, from reputational control to growth and tenure.
Consumer confidence falls slightly as UK shows ‘resilience’ in face of recession
Following a ‘surprise’ two-year high last month, consumer confidence has fallen.
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