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 …
retail
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- Business News
Australia March retail sales post slowest annual growth in 14 months
by Reutersby ReutersSYDNEY (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 …
- Business News
U.S. goods trade deficit narrows sharply in March; retail inventories rise
by Reutersby ReutersWASHINGTON (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 …
- Breaking News
Two 14-Year-Olds Arrested for Breaking and Entering Retail Store in East Boston
by Leo Canegaby Leo CanegaEAST 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 …
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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 approximately $40 from a business …
- Business News
China’s March industrial output rises 3.9%; retail sales up 10.6%
by Reutersby ReutersBEIJING (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 months but missing expectations slightly …
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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 tight credit scenario and weak …
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(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 families cut down on food …
- Business News
Apple to cut small number of jobs in some corporate retail teams – Bloomberg News
by Reutersby Reuters(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 matter. The layoffs would impact …
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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 rebound in visitor arrivals and …
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(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, as fears of a recession …
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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 in the face of higher …
- US and World News
Relative of wealthy US retail family gets prison for insider trading
by Reutersby ReutersBy Nate Raymond BOSTON (Reuters) – A member of a wealthy family that has held investments and leadership roles in retailers like DSW owner Designer Brands Inc and American Eagle …
- Business News
Russian retail investors file lawsuit over transfer of frozen assets
by Reutersby ReutersMOSCOW (Reuters) – More than 40 private investors have filed a Moscow lawsuit against three Russian banks – VTB, Alfa Bank and Rosselkhozbank – challenging the transfer of their frozen …
- Business News
Mexico’s Mifel head says still bidding for Citigroup’s Mexican retail unit
by Reutersby ReutersBy 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, Mifel’s head Daniel Becker told …
- Business News
Valentine’s Day spending boosts British retail sales in February – BRC
by Reutersby ReutersBy Suban Abdulla LONDON (Reuters) – Valentine’s Day helped to boost British retail sales in February but volumes remained down on last year as households cut back on non-essential items, …
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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 weakness of consumer demand in …
- Business News
Hong Kong retail sales rise in Jan, inbound tourism to add to cheer
by Reutersby Reuters(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 to provide an additional boost, …
- Business News
Record retail theft puts pressure on Australian supermarket giants
by Reutersby ReutersBy Byron Kaye SYDNEY (Reuters) – Retail theft has hit record levels in Australia, government statistics show, putting pressure on grocery giants Woolworths Group Ltd and Coles Group Ltd that …
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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 Commerce (ITO) said on Wednesday. …
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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 rising cost of living eats …
- Business News
Canada December retail sales up 0.5% on autos, seen up 0.7% in January
by Reutersby ReutersFeb 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 and parts dealers, as well …
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LONDON (Reuters) – British supermarket group Asda said on Monday retail director Ken Towle is leaving the business less than ten months after starting the job. Asda, owned since 2021 …
- Business News
Analysis: China retail investors from Gen-Z to retirees sit out stock rally
by Reutersby ReutersBy 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 skipping out on the sharp …
- Business News
India retail inflation likely rebounded to 5.9% in Jan: Reuters poll
by Reutersby ReutersBy 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 it stayed within the Reserve …