China May industrial output up 0.7% y/y, retail sales fall 6.7%; better than f’casts
BEIJING – China’s industrial output rose 0.7% in May from a year earlier, picking up from a 2.9% decline in April, official data showed on …
retail
San Francisco Police Make Arrests in “Smash and Grab” Organized Retail Crime Series 22-075
Investigators link three juvenile suspects to involvement in at least 10 different retail theft incidents that occurred within one month across the city In April …
Europe retail stocks lower on Target’s latest warning
LONDON – European retail stocks fell sharply on Tuesday, spooked by U.S. retailer Target Corp slashing its quarterly margin forecast for the second time in …
Euro zone retail trade weaker than expected as food sales fall
BRUSSELS – Euro zone retail sales were much weaker than expected in April, data showed on Friday, pulled down by principally by reduced purchases of …
Apple to improve working hours for retail staff – Bloomberg News
(Reuters) – Apple Inc will make work schedules for retail staff flexible amid a push towards unionization, Bloomberg News reported on Thursday, citing sources. The …
HK retail sales jump in April after two months of decline
HONG KONG – Hong Kong’s retail sales jumped 11.7% in April from a year earlier, ending two consecutive months of declines, with the rebound helped …
Spain retail sales rise 1.5% y/y in April
(Reuters) – Spanish retail sales rose 1.5% in April from a year earlier on a seasonally and calendar-adjusted basis, after falling 4.1% in March, the …
Retail inflows at nearly all-time high despite market turbulence
(Reuters) – Individual investors are buying stocks at a pace akin to the 2021 meme-stock frenzy even as the returns on retail investments sit at …
First-Mover: Mooless Animal-Free Whey Protein Powder Enters Retail With The Vitamin Shoppe
Natreve’s new MOOLESS protein powder meets consumer demand for innovative, delicious and sustainable wellness products, delivering the Whey of the Future and now available in …
Nepal raises retail fuel price, stoking inflation fears
By Gopal Sharma KATHMANDU – Nepal’s state-owned oil company has hiked the retail prices for fuels, including petrol and cooking gas, by up to 12.5% …
Retail sell-off: discounters, auto stores lead losses
By Sinéad Carew (Reuters) – A rout in consumer stocks gained more steam on Friday, as shares of Ross Stores led a retreat of other …
U.S. retail investors turn bearish and elusive in latest selloff
(Reuters) – Individual U.S. investors are turning bearish and staying away from buying the dip this week, data showed, a sharp reversal from the frenzied …
THE NECESSITY RETAIL REIT ANNOUNCES FIRST QUARTER 2022 RESULTS
Company to Host Investor Conference Call at 11:00 AM ET Tomorrow NEW YORK, May 4, 2022 — The Necessity Retail REIT, Inc. (Nasdaq: RTL) (“RTL” …
German retail sales unexpectedly fall in March
BERLIN – German retail sales fell unexpectedly in March as the war in Ukraine leads to price increases, data showed on Monday. The Federal Statistics …
Munger says retail trading firm Robinhood getting comeuppance
OMAHA, Neb. – Berkshire Hathaway’s vice-chairman Charles Munger said on Saturday that retail broker Robinhood Markets Inc, which is trading near a record low, was …
Läderach to Open 40th Retail Store in North America by Mother’s Day to Meet Growing Demand for Premium Fresh Chocolate
Läderach Chocolatier Suisse to open 40th Retail Store in North America by Mother’s Day Tweet this “As the demand for premium fresh chocolate continues to …
Wall Street’s big slide makes retail investors wary to ‘buy the dip’
By John McCrank NEW YORK – U.S. investors have apparently been losing their appetite to “buy the dip” during Wall Street’s recent slide, further eroding …
China urges policies to support catering, retail sectors
BEIJING – China’s state planner called on Tuesday for the implementation of policies to support the country’s catering and retail sectors. Spending on new energy …
Hong Kong to sell up to $2.55 billion retail green bond this month
HONG KONG – Hong Kong will re-launch its inaugural retail green bond this month as the coronavirus pandemic eases to raise as much as HK$20 …
HILCO REAL ESTATE ANNOUNCES THE SALE OF A TURNKEY RETAIL BUILDING LOCATED IN BRIDGETON, N.J.
NORTHBROOK, Ill., April 4, 2022 — Hilco Real Estate, LLC announces an online auction date of May 3, 2022, for the sale of this 7,252± …
Carrefour launches fund to invest in digital retail startups
PARIS – Carrefour, Europe’s largest food retailer, is joining forces with venture capital firm Daphni to invest in digital retail startups as part of a …
France’s InVivo plans retail tie-up with Niel-backed SPAC
(Reuters) – French agribusiness group InVivo has entered exclusive negotiations to merge its retail activities with 2MX Organic, an acquisition vehicle backed by French telecoms …
Hong Kong retail sales fall 14.6% in Feb, snapping 12 months of growth
HONG KONG – Hong Kong’s retail sales fell in February after 12 straight months of growth as a wave or COVID-19 infections hit the city …
Three District of Columbia Men Indicted on Federal Charges in Series of Armed Robberies of Retail and Commercial Businesses
WASHINGTON – Three men, all from the District of Columbia, have been indicted on federal conspiracy charges stemming from …
Australian retail sales jump in Feb, augur well for Q1 growth
By Wayne Cole SYDNEY – Australian retail sales beat forecasts again in February as shoppers defied storms and coronavirus waves to return to cafes and …
Canada retail sales up 3.2% in January, seen falling 0.5% in February
By Julie Gordon OTTAWA – Canadian retail sales bounced back in January, beating expectations, as shoppers ventured out to car dealerships and home improvement shops, …
UK retail bank capital rules could ‘ossify’ sector, says review
By Huw Jones LONDON – Rules forcing Britain’s banks to wrap their retail arms with a bespoke cushion of capital should be retained for now, …
HSBC sells Greek retail bank as it sharpens Asia focus
LONDON -HSBC announced on Monday it has agreed to sell its branch operations in Greece to local bank Pancreta Bank, as the lender further sharpens …
New York’s first marijuana retail permits to go to people with convictions
By Jonathan Allen NEW YORK – The first licenses to open the newly legalized marijuana retail outlets coming to New York later this year will …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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% …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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% …