Vietnam raises retail electricity price by 3%
HANOI (Reuters) – Vietnam on Thursday raised its average retail electricity price by 3%, the government said, in a move that could put upward pressure …
retail
Australia March retail sales post slowest annual growth in 14 months
SYDNEY (Reuters) – Australian retail sales grew at their slowest annual pace in 14 months in March in a warning sign for consumption that will …
U.S. goods trade deficit narrows sharply in March; retail inventories rise
WASHINGTON (Reuters) – The U.S. trade deficit in goods narrowed sharply in March as exports surged and imports declined, which augurs well for economic growth …
Two 14-Year-Olds Arrested for Breaking and Entering Retail Store in East Boston
EAST BOSTON, MA – On Thursday, officers assigned to District A-7 (East Boston) arrested two 14-year-old males after they broke into a retail store on …
Lancaster Man Arrested for Retail Theft in Columbia
COLUMBIA, PA – On April 12, 2023, Sidney Dewayne Cox, a 31-year-old Lancaster resident, was arrested for retail theft after stealing a necklace valued at …
China’s March industrial output rises 3.9%; retail sales up 10.6%
BEIJING (Reuters) – China’s industrial output rose 3.9% in March year-on-year, official data showed on Tuesday, accelerating from a 2.4% increase in the first two …
Retail sales in Brazil begins year with record high in January
SAO PAULO (Reuters) – Brazil’s retail sector started 2023 stronger than expected and with record high sales in January, although the outlook is that the …
Italy retail sales fall in February as food-buying contracts
(Reuters) – Italy’s retail sales fell both in value and in volume in February from the month before, statistics institute ISTAT said on Wednesday, as …
Apple to cut small number of jobs in some corporate retail teams – Bloomberg News
(Reuters) -Apple Inc is eliminating a small number of roles within its corporate retail teams, Bloomberg News reported on Monday, citing people familiar with the …
Hong Kong monthly retail sales post biggest growth in 13 years
HONG KONG (Reuters) – Hong Kong’s retail sales posted the biggest percentage rise in 13 years in February as economic sentiment improved alongside a sharp …
U.S. retail sales to grow at slower pace in 2023 – NRF
(Reuters) -Retail sales in the United States are expected to grow at a slower pace this year, the National Retail Federation (NRF) said on Wednesday, …
Australia retail sales growth slows to 0.2% in February
SYDNEY (Reuters) – Australian retail sales eked out a meagre gain in February after wild swings around year-end holidays, indicating shoppers are reining in spending …
Relative of wealthy US retail family gets prison for insider trading
By Nate Raymond BOSTON (Reuters) – A member of a wealthy family that has held investments and leadership roles in retailers like DSW owner Designer …
Russian retail investors file lawsuit over transfer of frozen assets
MOSCOW (Reuters) – More than 40 private investors have filed a Moscow lawsuit against three Russian banks – VTB, Alfa Bank and Rosselkhozbank – challenging …
Mexico’s Mifel head says still bidding for Citigroup’s Mexican retail unit
By Valentine Hilaire and Noe Torres MERIDA, Mexico (Reuters) – Mexico’s Mifel bank is still in the bidding process for Citigroup’s Mexican retail bank Citibanamex, …
Valentine’s Day spending boosts British retail sales in February – BRC
By Suban Abdulla LONDON (Reuters) – Valentine’s Day helped to boost British retail sales in February but volumes remained down on last year as households …
Euro zone retail sales weaker than expected in January
BRUSSELS (Reuters) – Euro zone retail sales rebounded much less than expected month-on-month in January and were still lower than 12 months earlier, underlining the …
Hong Kong retail sales rise in Jan, inbound tourism to add to cheer
(Reuters) – Hong Kong’s retail sales rose in January for the second consecutive month as consumer sentiment improved, with further relaxation of pandemic-related rules expected …
Record retail theft puts pressure on Australian supermarket giants
By Byron Kaye SYDNEY (Reuters) – Retail theft has hit record levels in Australia, government statistics show, putting pressure on grocery giants Woolworths Group Ltd …
Istanbul retail prices up 3.83% monthly in February -Chamber
ISTANBUL (Reuters) – Retail prices in Turkey’s largest city, Istanbul, rose 3.83% month-on-month in February for an annual increase of 78.62%, the Istanbul Chamber of …
UK retail sales flat in Feb after Jan fall, outlook gloomy: CBI
LONDON (Reuters) -British retail sales held steady in February after falling in January but stores expected sales volumes to slip again in March as the …
Canada December retail sales up 0.5% on autos, seen up 0.7% in January
Feb 21 (Reuters) – Canadian retail sales rose by 0.5% in December from November at C$62.12 billion ($46.19 billion), on higher sales at motor vehicles …
Asda retail boss Towle leaves after less than ten months
LONDON (Reuters) – British supermarket group Asda said on Monday retail director Ken Towle is leaving the business less than ten months after starting the …
Analysis: China retail investors from Gen-Z to retirees sit out stock rally
By Winni Zhou and Summer Zhen SHANGHAI/HONG KONG (Reuters) – China’s retail investors have a case of deep pockets and heavy hands as they are …
India retail inflation likely rebounded to 5.9% in Jan: Reuters poll
By Madhumita Gokhale BENGALURU (Reuters) – Higher food prices likely nudged up India’s annual retail inflation last month from a 12-month low in December, but …
Brazil retail sales growth smallest in six years in 2022
SAO PAULO (Reuters) – Retail sales volumes in Brazil posted in 2022 their smallest annual growth in six years, government statistics agency IBGE said on …
Italy inflation-adjusted retail sales fell in 2022
ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, with consumers suffering from high …
Australia retail sales volumes dip in Q4, price growth slows
SYDNEY (Reuters) – Australian retail sales volumes fell for the first time in a year last quarter as shoppers trimmed spending on goods, a sign …
Australia Dec retail spending nosedives in warning for economy
By Stella Qiu SYDNEY (Reuters) – Australian retail sales recorded the biggest drop in more than two years in December, as rising borrowing costs and …
Mexico same-store sales up 10.6% in 2022, retail group says
MEXICO CITY (Reuters) – Mexican same-store retail sales rose by 10.6% across 2022 compared to the previous year, as the highest inflation in over two …
Strong Canada retail sales forecast adds fodder to rate hike argument
By Ismail Shakil OTTAWA (Reuters) – Canadian retail sales edged down 0.1% in November from the previous month before bouncing back in December, data published …
Retail Sales Ticked Down During The Holiday Season As Consumers Tightened Their Belts
Retail Sales Ticked Down During The Holiday Season As Consumers Tightened Their Belts John Hugh DeMastri on January 18, 2023 Retail sales fell 1.1% in …
China Dec industrial output up 1.3%, retail sales down 1.8%
BEIJING (Reuters) – China’s industrial output grew at a modest 1.3% pace last month year-on-year, official data showed on Tuesday, easing from a 2.2% rise …
Walmart partners with Salesforce to offer GoLocal services to its retail clients
By Siddharth Cavale NEW YORK (Reuters) – Walmart Inc on Thursday said it has entered into a partnership with software giant Salesforce to provide its …
Analysis-Vanguard’s climate group exit shows retail investors trail on ESG
By Ross Kerber and Tommy Wilkes (Reuters) – Vanguard Group’s decision last month to quit a key climate change coalition underscores how the retail investors …
Brazil retail sales post biggest drop in five months in November
SAO PAULO (Reuters) – Retail sales volumes in Brazil posted in November their biggest drop in five months, government statistics agency IBGE said on Wednesday, …
Factbox-The 10 biggest U.S. retail bankruptcies in 5 years
NEW YORK (Reuters) – Storied home goods chain Bed Bath & Beyond is preparing for bankruptcy in coming weeks following a run of poor sales, …
German retail sales rise 1.1% m/m in November
BERLIN (Reuters) – German retail sales rose in November, increasing by 1.1% compared with the previous month, data showed on Friday. Analysts polled by Reuters …
Shopify launches new subscription product to lure big retail clients
(Reuters) – Shopify Technologies Inc on Tuesday launched a new service aimed at big retailers that will allow them to select tools and services the …
Spain’s November retail sales fall 0.6% on year
(Reuters) – Spanish retail sales fell 0.6% in November from a year earlier on a seasonally and calendar-adjusted basis, after rising 1.0% in October, the …
U.S. retail sales grows 7.6% in holiday season -Mastercard data
(Reuters) – U.S. retail sales rose 7.6% between Nov. 1 and Dec. 24, which encompasses a majority of the holiday season, as steep discounts lured …
Six Co-Conspirators Sentenced for Over $2.8 M Retail Financing Fraud
RICHMOND, Va. – Six individuals were sentenced recently to approximately 31 combined years in prison for taking part in a conspiracy to defraud several retail …
Canada October retail sales up 1.4% on gasoline, seen down 0.5% in November
By Steve Scherer OTTAWA (Reuters) – Canadian retail sales rose by 1.4% in October from September, data showed on Tuesday, but an estimate for November …
ING names new managers, Abay to head retail banking
AMSTERDAM (Reuters) – ING Groep, the largest Dutch financial services company, on Thursday said it intends to promote Pinar Abay to head of retail banking. …
Mexico president says two bidders remaining for Citi’s local retail bank
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Friday there are two remaining parties bidding to buy the Mexican retail arm …
Euro zone retail sales weaker than expected in Oct
BRUSSELS (Reuters) – Euro zone retail sales were slightly weaker than expected in October, data showed on Monday, dipping more than forecast in a sign …
Hong Kong retail sales rise in October, outlook challenging
HONG KONG (Reuters) – Hong Kong’s retail sales rose in October helped by improved tourism from eased pandemic restrictions and disbursement of a new batch …
Japan retail sales up for 8th month on tourism reopening
By Kantaro Komiya TOKYO (Reuters) -Japanese retail sales marked an eighth successive month of annual growth in October, data showed on Tuesday, after full reopening …
Factbox-Walmart shootings: Episodes of gun violence at retail chain
(Reuters) – Tuesday’s massacre at a Virginia Walmart was the latest in a series of gun violence episodes at the retail giant’s stores in recent …
Hong Kong’s leading crypto retail operator says it ceases trading as FTX fallout roils sector
By Georgina Lee HONG KONG (Reuters) – A leading cryptocurrency retail service provider in Hong Kong said it has ceased trading as the broader fallout …