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…
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 by Deputy Mayor for Public Safety Philip…
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, slowing down after hitting a three-decade high…
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 Friday, adding that talks with interested investors…
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. The incident occurred at a retail store…
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 that have been under pressure from mixed…
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 Friday, cementing expectations that the Bank of…
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 bars, cementing expectations that economic growth accelerated…
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 V Somanathan told Reuters late on Tuesday.…
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 flows hitting their highest level since the…
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. German retail sales fell by 1.2% in…
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 elevated living expenses and high borrowing costs,…
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 threatening the security of the retailer’s employees…
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 report by the National Retail Federation (NRF),…
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 months ahead, the Confederation of British Industry…
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 a rationalization plan for its Asia Pacific…
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 country’s consumers were mostly coping with 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 figures showed on Wednesday. Retail sales in…
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 the Federal Reserve is likely to keep…
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 the health of the world’s largest economy…
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 third-largest net lease REIT, the company said…
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% in value from June and by 2.7%…
Euro zone retail sales dip as auto fuel purchases fall in July
BRUSSELS (Reuters) – Retail sales in the euro zone declined in July, though only due to reduced automotive fuel purchases, while June registered an increase rather than the decline reported last month,…
Hong Kong July retail sales up 16.5%, boosted by tourism revival
HONG KONG (Reuters) – Hong Kong’s July retail sales rose 16.5% from a year earlier in the eighth consecutive month of growth helped by an increase in visitor arrivals and positive consumption…
Australia retail sales rebound after fall, annual rate slows further
SYDNEY (Reuters) – Australian retail sales rebounded in July after a sharp fall the previous month, but the annual rate slowed further, a result that should not upset the outlook for interest…
China approves 37 retail funds to help revive market
SHANGHAI (Reuters) – China’s securities regulator approved the launch of 37 retail funds over the weekend, part of government efforts to revive a stock market struggling for lift-off in an ailing economy.…
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