BoE says ‘ring fencing’ capital rules for retail banks need no big overhaul
By Huw Jones LONDON (Reuters) -The Bank of England said on Thursday that its rules requiring banks to “ring fence” their retail arms with bespoke …
retail
York Woman Wanted for Retail Theft at Walmart
YORK, PA – Nikeyra Whitley of York, PA, is currently wanted in connection with a retail theft that occurred on December 6, 2023, at the …
Suspect Wanted for Retail Theft at Weis Markets in York
YORK, PA – Michael Lynn Diehl, a resident of East Walnut Street in Lebanon, is currently wanted by the police for a retail theft incident …
South Korean retail investors hit as China equity derivatives tumble
By Jihoon Lee and Cynthia Kim SEOUL (Reuters) – South Korean retail investors have been caught out by an 11% fall in a key Hong …
Inflation trumps retail sales for sterling speculators
By Alun John LONDON (Reuters) – Sterling traders are betting that sticky inflation will outweigh slowing retail sales when the Bank of England puts economic …
Marketmind: Hot chips, China dips and UK retail swoons
A look at the day ahead in U.S. and global markets from Mike Dolan A fresh burst of chipmaker excitement around artificial intelligence and some …
Marketmind: China chill ahead of holiday retail readout
A look at the day ahead in U.S. and global markets from Mike Dolan Downbeat Wall St markets wondering if they’ve jumped the gun on …
Property group Signa’s retail foray was a mistake, senior executive says
VIENNA (Reuters) – It was a mistake for Austrian property group Signa to venture into the retail business, since that cost it capital that was …
India’s retail inflation rises to four-month high in December on higher food prices
By Nikunj Ohri NEW DELHI (Reuters) -India’s annual retail inflation rose at the fastest pace in four months in December, driven by a rise in …
Suffolk Retail Worker Wins $100,000 in Virginia’s New Year’s Raffle
SUFFOLK, VA – Stacy Byrd, a Suffolk resident and retail worker, won $100,000 in Virginia’s New Year’s Millionaire Raffle. Byrd, a first-time participant, purchased her …
Analysis-US fintechs push into fixed-income trading as retail investor interest grows
By Hannah Lang (Reuters) – U.S. financial technology companies that popularized amateur stock trading are pushing into fixed income in a bid to capitalize upon …
Richland Township Police Seeking Suspect in Retail Theft Incident
RICHLAND TOWNSHIP, PA – The Richland Township Police Department is seeking public assistance to identify an individual involved in a retail theft at Giant Eagle …
Three Charged for Retail Theft in Poconos
POCONO TOWNSHIP, PA – On Wednesday, an arrest warrant issued by the Pocono Township Police Department was served on Richard Saunder. The warrant pertains to …
Retail Theft Arrest at Westtown Township Food Store
WESTTOWN TOWNSHIP, PA – On Monday, at 11:47 AM, the Westtown-East Goshen Regional Police Department responded to a theft report at the Giant Food Store …
U.S. layoffs jumped in November led by retail and tech, report shows
(Reuters) – U.S. employers increased their announced job cuts in November, led by the retail and technology sectors, in a further sign that the labor …
US retail lobbyists retract key claim on ‘organized’ retail crime
By Katherine Masters NEW YORK (Reuters) – The main lobbying group for U.S. retailers retracted its claim that “organized retail crime” accounted for nearly half …
Hong Kong Oct retail sales up 5.6%, helped by inbound tourism
HONG KONG (Reuters) – The continued revival of inbound tourism helped Hong Kong’s retail sales notch up an 11th consecutive month of growth in October, …
German retail sales rise more than expected in October
(Reuters) – German retail sales rose more than expected in October, increasing by 1.1% compared with the previous month, data showed on Thursday. Analysts polled …
Federer-backed On, Decker’s Hoka starting to take more retail shelf space from Nike, Adidas
By Ananya Mariam Rajesh (Reuters) – Upstart footwear brands such as On Holding and Hoka are grabbing more shelf space at retailers globally, competing with …
Australia Oct retail sales slip as consumers hold off for Black Friday sales
SYDNEY (Reuters) – Australian retail sales unexpectedly slipped in October as consumers cut back on everything but food, though analysts believe many were merely saving …
Most US retail ETFs extend gains on record holiday shopping sales
By Suzanne McGee and Bansari Mayur Kamdar (Reuters) – Exchange-traded funds (ETFs) tracking U.S. retailers outpaced the broader stock market on Monday, with most posting …
US retail ETFs deliver solid Black Friday gains
By Bansari Mayur Kamdar and Suzanne McGee (Reuters) – Exchange-traded funds (ETFs) tracking U.S. retailers moved higher in shortened trading hours on Black Friday, outpacing …
Police Chief Notes Increase in Retail Thefts
CHEEKTOWAGA, NY – District Attorney John J. Flynn, alongside Cheektowaga Police Department Chief Brian Gould, addressed the rising concern of retail theft in Erie County. …
In market share battle, FedEx and UPS target retail returns
By Lisa Baertlein LOS ANGELES (Reuters) – As FedEx and United Parcel Service battle for market share in a delivery demand downturn, they are expanding …
Retail investors crowd into Eli Lilly after weight-loss drug approval
By Bhanvi Satija and Amruta Khandekar (Reuters) – Retail flows into Eli Lilly spiked to a more than two-year high in November, as small investors …
Retail traders cash out as market rallies on bets of end to rate hikes
By Medha Singh (Reuters) – U.S. retail traders rushed to lock in gains from a share rally sparked by signs of cooling inflation, looking to …
Marketmind: Ebbing oil sustains inflation, retail glow
A look at the day ahead in U.S. and global markets from Mike Dolan Ebbing oil prices are cheerleading this week’s renewed optimism on U.S. …
South African retail sales rise 0.9% year on year in September
JOHANNESBURG (Reuters) – South African retail sales rose 0.9% year on year in September after declining by a revised 0.3% in August, Statistics South Africa …
India’s retail inflation eases to 4.87% in October
(Reuters) – India’s retail inflation eased in October on lower food prices, edging closer to the central bank’s medium-term target of 4%, which it has …
New York City Launches Plan to Tackle Rampant Retail Theft
NEW YORK – Mayor Eric Adams announced the creation of a task force focused on addressing retail theft in New York City. The initiative, led …
Argentina retail prices seen slipping under double digits in October
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s consumer prices likely rose by less than double digits in October, a Reuters poll showed on Friday, …
Citigroup resumes retail banking sale in Poland – Bank Handlowy CEO
GDANSK (Reuters) – Citigroup has resumed the process of selling the retail business of Bank Handlowy in Poland, Bank Handlowy CEO Elzbieta Czetwertynska said on …
Suspects Sought in Polaris Retail Theft
COLUMBUS, OH – The Columbus Police Department’s Property Crimes Bureau is seeking assistance in identifying four female suspects involved in a theft on October 26. …
Retail investors seek to buy the dip on US megacaps -Vanda Research
By Lewis Krauskopf NEW YORK (Reuters) – Retail investors appear to be eager to buy up shares of the big U.S. tech and growth stocks …
Canada August retail sales down 0.1%, boost expectations of rate pause
OTTAWA (Reuters) – Canadian retail sales fell by 0.1% in August from July and look set to stay flat in September, Statistics Canada said on …
US retail sales beat expectations in boost to third-quarter GDP growth expectations
WASHINGTON (Reuters) -U.S. retail sales increased more than expected in September as households stepped up purchases of motor vehicles and spent more at restaurants and …
India’s retail inflation likely to ease by December – finance secretary
By Nikunj Ohri NEW DELHI (Reuters) – India’s retail inflation is likely to ease by December as seasonal factors become more favourable, Finance Secretary T …
Retail investors flock to bond ETFs in third quarter as prices slide
By Bansari Mayur Kamdar (Reuters) – Investors continued piling into exchange-traded funds (ETFs) that track U.S. government debt in the third quarter, with retail investor …
German retail sales fall unexpectedly in August
BERLIN (Reuters) – German retail sales unexpectedly fell in August, as persistently high inflation took its toll on consumption in the euro zone’s largest economy. …
Australia Aug retail sales post tepid rise, add to rate pause case
By Stella Qiu SYDNEY (Reuters) – Australian retail sales rose modestly in August as consumers continued to cut back on spending in the face of …
Target to shut 9 stores across 4 US states amid rising retail crime
(Reuters) – Target said on Tuesday it would close nine stores across four U.S. states, including California, citing that theft and organized retail crime was …
US retailers’ financial losses jump as retail crime escalates – NRF
(Reuters) – Organized crime rings in New York, San Francisco, Los Angeles and Houston are targeting retail inventories, causing more financial loss, according to a …
Slump in UK retail sales eases in September, CBI says
LONDON (Reuters) -British retailers reported a smaller annual fall in sales for September than during the previous month and expect a modest improvement in the …
Goodyear Tire to cut 700 jobs, sell retail stores in Asia Pacific
(Reuters) – Goodyear Tire & Rubber said on Friday it plans to cut 700 jobs and sell about 100 retail stores and fleet locations, under …
British retail sales grow in August after washout in July
LONDON (Reuters) – British retail sales partially recovered in August after a rainy July washout, official figures showed on Friday, adding to signs that the …
South African retail sales fall 1.8% year on year in July
JOHANNESBURG (Reuters) – South African retail sales fell 1.8% year on year in July after declining by a revised 1.8% in June, Statistics South Africa …
US retail sales, produces prices rise; jobless claims lower than forecast
NEW YORK (Reuters) -A slew of U.S. economic data on Thursday showed stronger-than-expected numbers that stoked worries about sticky inflation and reinforced the view that …
Marketmind: Retail sales and a call to Arm
A look at the day ahead in U.S. and global markets by Alun John U.S. retail sales numbers and PPI are Thursday’s chance to gauge …
Global Net Lease shareholders approve deal with Necessity Retail
NEW YORK (Reuters) -Shareholders in real estate investment trust Global Net Least Inc approved a planned merger with The Necessity Retail REIT to form the …
Rise in Italy’s retail sales in July driven by supermarkets
(Reuters) – Italian retail trade rose marginally in July as large-scale food distribution pushed up sales, data showed on Thursday. Retail sales increased by 0.4% …