In the final three months of 2024, UK retail sales growth was minimal and below inflation, with consumers cautious and cutting back on purchases, especially in non-food sectors. The weak sales figures for the “golden quarter” of October to December reflect ongoing budget management amidst economic challenges, leading to poor performance in brick-and-mortar stores and stagnant consumer card spending in December. Forecasts for 2025 predict further challenges for retailers, including lower sales volumes, price increases, and reduced investments in stores and jobs, highlighting the pressures faced by businesses in the current economic climate.
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Why Clean Energy Fuels Stock Raced Nearly 13% Higher Today
Clean Energy Fuels (NASDAQ: CLNE) experienced a nearly 13% surge in its stock price after reporting second-quarter revenue of $102.6 million, marking a nearly 5% year-over-year increase and surpassing analyst estimates. Despite this growth, the company's non-GAAP net income decreased to $337,000, or less than $0.01 per share. Want More Context? 🔎
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