By Huw Jones LONDON – Rules forcing Britain’s banks to wrap their retail arms with a bespoke cushion of capital should be retained for now, though they could “ossify” the …
Topic:
retail
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LONDON -HSBC announced on Monday it has agreed to sell its branch operations in Greece to local bank Pancreta Bank, as the lender further sharpens its focus on its biggest …
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By Jonathan Allen NEW YORK – The first licenses to open the newly legalized marijuana retail outlets coming to New York later this year will be reserved for people with …
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– Retail gasoline prices in the United States surged to an all-time record on Tuesday, and prices are expected to keep rising as the United States moves toward banning Russian …
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MILAN – The Milan-based luxury group Prada has suspended its retail operations in Russia, it said in a statement on Saturday, following a slew of other leading brands who have …
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BRUSSELS – Euro zone retail sales grew by less than expected in January, Eurostat data showed on Friday, pulled down by weaker sales of fuel and muted spending on food …
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California Woman Admits Selling over 100,000 Counterfeit Retail Store Coupons Worth over $9.9 Million
by DOJ PressNEWARK, N.J. – A Modesto, California, woman admitted today that she fraudulently created and sold over $9.9 million worth of counterfeit Catalina coupons used at various retail stores across the …
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MADISON, WIS. – Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin, announced that Cortez Thurmond, 29, Gurnee, Illinois, was sentenced today by Chief U.S. District Judge …
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By Wayne Cole SYDNEY – Australian retail sales were surprisingly strong in January as shoppers weathered a surge in Omicron cases with aplomb, suggesting the economy maintained considerable momentum into …
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WELLINGTON – New Zealand retail sales volumes rose a seasonally adjusted 8.6% in the fourth quarter of 2021, data from Statistics New Zealand showed on Friday, compared to a drop …
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LONDON – British retailers reported slower sales growth in February but said demand was better than normal for the time of year as the Omicron wave of coronavirus cases eased, …
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By Julie Gordon OTTAWA – Canadian retail sales most likely rose 2.4% in January from December, preliminary data from Statistics Canada showed on Friday, following on a 1.8% decline in …
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BERLIN -Germany’s financial watchdog BaFin said on Thursday that it planned to clamp down on the marketing, distribution and sale of futures products with additional payment obligations. It isn’t the …
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HONG KONG – The Hong Kong Retail Management Association said on Thursday retail traffic in the global financial hub has dropped 40% from December as a surge in coronavirus cases …
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– Apple Inc is raising the pay of many U.S. retail employees effective this month, Bloomberg News reported on Friday. The hikes range from 2% to 10% depending on store …
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Customs Broker Arrested on Federal Indictment Alleging Tax Evasion and Scheme to Defraud Japanese Retail Chain Out of $3.4 Million
by DOJ PressSANTA ANA, California – A customs broker was arrested today on a federal grand jury indictment charging him with evading the payment of $1.5 million in taxes and engaging …
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By Noel Randewich – Retail investors appeared to be enthusiastically buying the dip in Wall Street’s biggest growth companies on Thursday as the U.S. stock market plunged following Facebook owner …
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Downtown Los Angeles Man Sentenced to 4 Years in Prison for Fraudulently Obtaining Credit Cards He Used at Luxury Retail Shops
by DOJ PressLOS ANGELES – A Los Angeles man was sentenced today to 48 months in federal prison for leading a conspiracy that fraudulently obtained American Express credit cards and then …
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NEW YORK/MILAN – Retail investors bought a net of $1.66 billion in equities on Wednesday when a hawkish U.S. Federal Reserve outcome triggered wild gyrations on Wall Street, data from …
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ICE HSI Dallas collaboration with federal, state and city law enforcement agencies lead to dismantlement of large-scale retail theft ring
by DOJ PressDALLAS – Twenty-nine members of a large-scale theft ring operating from northeastern Oklahoma were charged by federal and state prosecutors for their roles in an organization whose operations crossed state …
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U.S. retail sales decreased by 1.9% in December 2021 as inflation and Omicron coronavirus variant cases soared, marking a sharp end to the holiday shopping season. Although retail sales saw …
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Members of a large-scale theft ring have been charged by Federal and State prosecutors for their roles in an organization whose operations crossed state lines and caused more than $10 …
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U.S. retail sales increased in October as shoppers faced the largest price increase in 30 years entering the holiday season. Retail sales, a measure of how much consumers spent on …
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National groups representing retail, truckers and independent businesses sued the White House over its vaccine mandate Wednesday. The American Trucking Associations (ATA), the National Federation of Independent Business and the …
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U.S. retail sales increased in September, beating expectations amid growing inflation and supply chain disruptions, the U.S. Census Bureau reported Friday. Retail sales increased 0.7% in September, beating experts’ estimates …