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Tag:

retail

  • Business News

    Brazil retail sales growth smallest in six years in 2022

    by Reuters February 9, 2023
    by Reuters February 9, 2023

    SAO PAULO (Reuters) – Retail sales volumes in Brazil posted in 2022 their smallest annual growth in six years, government statistics agency IBGE said on Thursday, providing further signs of …

  • Business News

    Italy inflation-adjusted retail sales fell in 2022

    by Reuters February 8, 2023
    by Reuters February 8, 2023

    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 inflation, data showed on Wednesday. …

  • Business News

    Australia retail sales volumes dip in Q4, price growth slows

    by Reuters February 5, 2023
    by Reuters February 5, 2023

    SYDNEY (Reuters) – Australian retail sales volumes fell for the first time in a year last quarter as shoppers trimmed spending on goods, a sign higher borrowing costs are finally …

  • Business News

    Australia Dec retail spending nosedives in warning for economy

    by Reuters January 30, 2023
    by Reuters January 30, 2023

    By Stella Qiu SYDNEY (Reuters) – Australian retail sales recorded the biggest drop in more than two years in December, as rising borrowing costs and sky-high inflation finally sank spending, …

  • Business News

    Mexico same-store sales up 10.6% in 2022, retail group says

    by Reuters January 25, 2023
    by Reuters January 25, 2023

    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 decades sent prices soaring, Mexican …

  • Business News

    Strong Canada retail sales forecast adds fodder to rate hike argument

    by Reuters January 20, 2023
    by Reuters January 20, 2023

    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 on Friday showed, adding to …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    Retail Sales Ticked Down During The Holiday Season As Consumers Tightened Their Belts

    by The Daily Caller January 18, 2023
    by The Daily Caller January 18, 2023

    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 December, unadjusted for inflation, with …

  • Business News

    China Dec industrial output up 1.3%, retail sales down 1.8%

    by Reuters January 16, 2023
    by Reuters January 16, 2023

    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 in November, as manufacturing activity …

  • Business News

    Walmart partners with Salesforce to offer GoLocal services to its retail clients

    by Reuters January 12, 2023
    by Reuters January 12, 2023

    By Siddharth Cavale NEW YORK (Reuters) – Walmart Inc on Thursday said it has entered into a partnership with software giant Salesforce to provide its retail customers with store pickup …

  • Business News

    Analysis-Vanguard’s climate group exit shows retail investors trail on ESG

    by Reuters January 12, 2023
    by Reuters January 12, 2023

    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 who dominate its client base …

  • Business News

    Brazil retail sales post biggest drop in five months in November

    by Reuters January 11, 2023
    by Reuters January 11, 2023

    SAO PAULO (Reuters) – Retail sales volumes in Brazil posted in November their biggest drop in five months, government statistics agency IBGE said on Wednesday, affected by higher fuel prices …

  • Business News

    Factbox-The 10 biggest U.S. retail bankruptcies in 5 years

    by Reuters January 9, 2023
    by Reuters January 9, 2023

    NEW YORK (Reuters) – Storied home goods chain Bed Bath & Beyond is preparing for bankruptcy in coming weeks following a run of poor sales, sources told Reuters last week. …

  • Business News

    German retail sales rise 1.1% m/m in November

    by Reuters January 6, 2023
    by Reuters January 6, 2023

    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 had forecast a 1.0% rise …

  • Business News

    Shopify launches new subscription product to lure big retail clients

    by Reuters January 3, 2023
    by Reuters January 3, 2023

    (Reuters) – Shopify Technologies Inc on Tuesday launched a new service aimed at big retailers that will allow them to select tools and services the Canadian tech giant offers and …

  • Business News

    Spain’s November retail sales fall 0.6% on year

    by Reuters December 29, 2022
    by Reuters December 29, 2022

    (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 National Statistics Institute (INE) said …

  • Business News

    U.S. retail sales grows 7.6% in holiday season -Mastercard data

    by Reuters December 26, 2022
    by Reuters December 26, 2022

    (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 deal-hungry consumers, a Mastercard report …

  • Department of Justice Press Releases

    Six Co-Conspirators Sentenced for Over $2.8 M Retail Financing Fraud

    by DOJ Press December 21, 2022
    by DOJ Press December 21, 2022

    RICHMOND, Va. – Six individuals were sentenced recently to approximately 31 combined years in prison for taking part in a conspiracy to defraud several retail financing providers through various schemes …

  • Business News

    Canada October retail sales up 1.4% on gasoline, seen down 0.5% in November

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    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 indicates a 0.5% monthly decline …

  • Business News

    ING names new managers, Abay to head retail banking

    by Reuters December 15, 2022
    by Reuters December 15, 2022

    AMSTERDAM (Reuters) – ING Groep, the largest Dutch financial services company, on Thursday said it intends to promote Pinar Abay to head of retail banking. Ms. Abay, a Turkish national …

  • Business News

    Mexico president says two bidders remaining for Citi’s local retail bank

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Friday there are two remaining parties bidding to buy the Mexican retail arm of U.S. banking giant Citigroup …

  • Business News

    Euro zone retail sales weaker than expected in Oct

    by Reuters December 5, 2022
    by Reuters December 5, 2022

    BRUSSELS (Reuters) – Euro zone retail sales were slightly weaker than expected in October, data showed on Monday, dipping more than forecast in a sign of weakening consumer demand that …

  • Business News

    Hong Kong retail sales rise in October, outlook challenging

    by Reuters December 1, 2022
    by Reuters December 1, 2022

    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 of consumption vouchers,but the government …

  • Business News

    Japan retail sales up for 8th month on tourism reopening

    by Reuters November 28, 2022
    by Reuters November 28, 2022

    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 of borders added to the …

  • US and World News

    Factbox-Walmart shootings: Episodes of gun violence at retail chain

    by Reuters November 23, 2022
    by Reuters November 23, 2022

    (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 years. Here is a partial …

  • Business News

    Hong Kong’s leading crypto retail operator says it ceases trading as FTX fallout roils sector

    by Reuters November 18, 2022
    by Reuters November 18, 2022

    By Georgina Lee HONG KONG (Reuters) – A leading cryptocurrency retail service provider in Hong Kong said it has ceased trading as the broader fallout from the collapse of FTX, …

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