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…
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 data on the scales and makes its…
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 punchy U.S. jobs data have reinvigorated Wall…
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 interest rate cut speculation switched attention to…
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 sorely missing when it tried to stave…
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 prices of some food items, raising expectations…
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 ticket, #005593, from Food Lion on Holland…
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 growing retail investor interest sparked by soaring…
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 on Scalp Avenue, Richland Township. The incident…
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 an incident at the North Face Store…
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 located at 1502 West Chester Pike in…
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 market is beginning to slacken, a report…
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 of all inventory losses in 2021 after…
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, though it was the slowest pace since…
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 by Reuters had predicted a 0.4% increase.…
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 giants like Nike and Adidas as their…
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 some money to splurge on Black Friday…
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 gains amidst record holiday sales. Shoppers and…
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 broader market indexes. While the S&P 500…
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. Speaking at the Walden Galleria, they emphasized…
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 returns services aimed at helping retailers slash…
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 rushed to buy the stock after the…
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 recoup losses in their portfolios from a…
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. disinflation – with retail soundings still perky…
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 figures showed on Wednesday. On a month-on-month…
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 said would need to be firmly in…
Breaking News
