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…
Deutsche Bank’s new retail boss primed for sector shake-up
By Tom Sims FRANKFURT (Reuters) – Deutsche Bank’s new retail boss wants to get cyber-savvy youth into bank branches and put the bank at the heart of communities, a bold vision in…
Brazil retail sales up 0.1% in April driven by Easter
SAO PAULO (Reuters) – Retail sales in Brazil rose for the second consecutive month in April driven by Easter sales, data from government statistics agency IBGE showed on Wednesday, but that was…
Retail media ad revenue forecast to surpass TV by 2028
By James Davey LONDON (Reuters) – The value of global advertising revenue from retailer-owned e-commerce sites is growing so fast that the medium, known as retail media, is forecast to exceed television…
Westpac to layoff 300 workers in business and retail unit, says trade union
(Reuters) – Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at a time of strong profit growth amid rising interest rates and soaring…
Retail traders tiptoe back into U.S. stocks after 3-month hiatus
(Reuters) – Retail trading in U.S. stocks is starting to pick up again after months of slowdown, data showed, as the hype around artificial intelligence (AI) and a tamer interest-rate outlook prove…
Two Women Wanted in Connection with Retail Theft
COLUMBUS, OH – Detectives from the Columbus Police Property Crimes Bureau are seeking assistance in identifying two women caught on surveillance cameras stealing nearly $1,300 worth of merchandise from a W. Dublin…
Homeland Security Official Says Organized Retail Theft An ‘Absolute Threat’ To Public Safety
Homeland Security Official Says Organized Retail Theft An ‘Absolute Threat’ To Public Safety Erinn Broadus on June 1, 2023 Authorities are warning the public about a rapid increase in organized retail theft,…
Nvidia rally: Retail investors stay out on growing slowdown worries
By Medha Singh (Reuters) – The rally in the shares of Nvidia Corp that briefly propelled its market value to the trillion-dollar club saw little participation by retail traders, data showed, the…
Car sales push Irish retail sales sharply higher again
DUBLIN (Reuters) – Annual Irish retail sales volumes rose sharply again last month due to another surge in car sales, jumping 7.5% year-on-year, Central Statistics Office data showed on Monday. When a…
UK retail sales fall in May after April rise, outlook less gloomy: CBI
LONDON (Reuters) – British retail sales declined this month after a modest rise in April but stores expect sales volumes to stabilise in June as consumer confidence improves and energy prices fall,…
Global Net Lease to buy Necessity Retail in $950 million all-stock deal
(Reuters) – Global Net Lease Inc will acquire Necessity Retail REIT Inc in an all-stock deal that would value the combined entity at about $950 million, the companies said late on Tuesday.…
Canada March retail sales down 1.4% on autos, seen up 0.2% in April
May 19 (Reuters) – Canadian retail sales fell by 1.4% in March from February at C$65.29 billion ($48.83 billion), on lower sales at motor vehicles and parts dealers, as well as gasoline…
Rebounding margins silver lining for US retail firms in uncertain economy
By Aishwarya Venugopal (Reuters) – Lower input costs and inventories, as well as extended price hikes are pushing a quicker-than-expected recovery in margins at U.S. consumer-facing firms including PepsiCo, Kraft Heinz, and…
Brazil retail sales smash market forecasts in March
SAO PAULO (Reuters) – Brazil’s retail sales smashed market estimates in March, growing more than the highest forecast in a Reuters poll of economists, in a positive reading for the country’s broader…
India’s retail inflation may ease to cenbank’s 4% target in May -economists
MUMBAI (Reuters) – India’s headline retail inflation in May is likely to fall further towards 4% — the midpoint of the central bank’s target and a level last seen in January 2021,…
India’s April retail inflation eases to 18-month low on softer food price
By Aftab Ahmed NEW DELHI (Reuters) – India’s annual retail inflation eased to 18-month low in April, staying well below the Reserve Bank of India’s (RBI) upper tolerance limit for the second…
SocGen beats estimates as bond trading offsets retail banking slump
By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) -French bank Societe Generale posted better than expected quarterly earnings on Friday after turmoil in bond and currency markets boosted its trading business. The…
Australia Q1 retail sales volumes fall for a second straight quarter
SYDNEY (Reuters) – Australian retail sales volumes during the first quarter of 2023 fell for a second straight quarter, a sign that rising interest rates and the high cost of living are…
National Retail Federation lowers US consumer good import forecast for first half of 2023
By Lisa Baertlein LOS ANGELES (Reuters) – Closely watched U.S. retail trade forecasters on Monday lowered their import target for the first half of 2023 and said they expect incoming ocean container…
Euro zone retail sales fall more than expected in March
FRANKFURT (Reuters) – Retail sales in the euro zone fell more than expected in March, Eurostat said on Friday, as rapid inflation and rising interest rates ate deep into disposable incomes to…
Lofty prices tarnish gold’s lustre in top Asian retail hubs
By Amy Lv, Rajendra Jadhav and Kavya Guduru BEIJING/MUMBAI/BENGALURU (Reuters) – On a recent evening in April, only three or four people browsed among the several gold jewellery booths in a plaza…
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 on inflation. Annual inflation in the Southeast…
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 only get worse following a surprise hike…
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 in the first quarter. The goods trade…
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 Sumner Street, stealing multiple cell phones and…
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