Toms River Council Candidate’s ShopRite Shoplifting Charge Draws Red Flag in Election Campaign
TOMS RIVER, N.J. — Most people looking to get into politics hold off on stealing until after they’re elected. In the case of one council candidate, his alleged five-finger past has become…
Retail gasoline prices hit all-time record – AAA
– 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 oil imports.…
Italy’s Prada says it is suspending retail operations in Russia
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 already announced…
Euro zone January retail sales rise weaker than expected
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 and online,…
California Woman Admits Selling over 100,000 Counterfeit Retail Store Coupons Worth over $9.9 Million
NEWARK, 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 United States…
Illinois Man Sentenced for Robbery of Retail Store in Lake Delton
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 James D.…
Australia retail sales rebound in Jan as economy weathers Omicron
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 the new…
New Zealand retail sales rise in Q4 2021
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 of 8.1%…
UK retail sales growth slows in Feb, price pressures mount – CBI
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, according to…
Canada January retail sales seen rebounding from December decline
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 December as…
Germany’s BaFin to ban sale of some futures products to retail clients
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 first time…
Hong Kong group says retail traffic has dropped 40% from Dec
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 and tighter…
Apple raises pay of many U.S. retail employees – Bloomberg News
– 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 location and…
Customs Broker Arrested on Federal Indictment Alleging Tax Evasion and Scheme to Defraud Japanese Retail Chain Out of $3.4 Million
SANTA 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 in a…
As Meta plunge slams Wall Street, retail investors ‘buy the dip’
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 Meta Platforms…
Downtown Los Angeles Man Sentenced to 4 Years in Prison for Fraudulently Obtaining Credit Cards He Used at Luxury Retail Shops
LOS 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 used the…
U.S. retail investors kept buying stocks on Fed day -analysts
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 Vanda Research…
ICE HSI Dallas collaboration with federal, state and city law enforcement agencies lead to dismantlement of large-scale retail theft ring
DALLAS – 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 lines, resulting…
Retail Sales Plummet As Inflation, COVID-19 Concerns Rise
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 a 0.2%…
Members of Retail Theft Organization Face Federal and State Charges
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 million in…
Retail Sales Grew In October As Shoppers Faced Higher Prices Entering The Holiday Season
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 goods, increased…
Trucking, Retail Groups Sue Biden Over Vaccine Mandate
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 National Retail…
Retail Sales Beat Expectations Amid Surging Inflation
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 of 0.2%,…
Father and daughter who sold stolen retail products online sentenced
ATLANTA – Robert Whitley, and his daughter Noni Whitley, have been sentenced to federal prison for selling millions of dollars of stolen retail products through their online businesses, Closeout Express and Essentials…
Amazon Is Awarding Cars And Cash Prizes To Warehouse, Retail Workers That Get Vaccinated
Amazon is handing out cash prizes and vehicles to its workers that receive the COVID-19 vaccine as part of a push to vaccinate more of its frontline employees. The company announced on one…
New Jersey mega mall, amusement park is a 3 million square foot mammoth
American Dream mega mall and Nickelodeon theme park opens for business after 23 years of development. FOX Business’ Jackie DeAngelis with more. #FoxBusiness FOX Business Network (FBN) is a financial news channel…
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