By Nathan Gomes (Reuters) – Several U.S. auto retailers reported dour fourth-quarter profits this week, as price cuts and incentives to lure in buyers in a turbulent economy put a …
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By David Milliken LONDON (Reuters) – British retailers reported lacklustre sales around Christmas, according to industry data released on Tuesday which may add to concerns that the economy has tipped …
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‘Enough Is Enough’: Retailers Back California Initiative To Raise Penalties For Property Crime Arjun Singh on December 23, 2023 Retailers in California are backing a new ballot proposition that seeks …
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By Sophie Yu and Brenda Goh BEIJING (Reuters) – A shift in Chinese retailers’ strategy toward lower-priced goods and services to win cost-conscious consumers risks embedding the country’s recent deflationary …
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MEXICO CITY (Reuters) – Mexico’s main food retailers have agreed to maintain a deal with the government to limit the prices of 24 basic food staples in order to help …
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By Farah Master HONG KONG (Reuters) – Hong Kong’s luxury retailers are adapting to fewer wealthy Chinese shoppers visiting the city and a shift towards tourists flocking to Instagram-coveted spots …
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STOCKHOLM (Reuters) – A Swedish court on Wednesday found 16 people guilty of illegal insider trading linked to the 2021 acquisition offer for then-listed grocery company ICA Gruppen AB, sentencing …
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By Deborah Mary Sophia and Aishwarya Venugopal (Reuters) -Retailers like Amazon.com and Foot Locker are signaling optimism for holiday season sales after stronger-than-expected figures during Black Friday and Cyber Monday, …
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TRENTON, NJ – Jim Appleton, President of the New Jersey Coalition of Automotive Retailers (NJ CAR), has called on Governor Phil Murphy to reassess New Jersey’s electric vehicle (EV) mandate …
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Retailers Brace For Slow Holiday Season As Inflation Bites Will Kessler on November 24, 2023 Consumers are expected to cut back on discretionary spending this holiday season, hurting retailers, amid …
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NEW YORK, NY — This year’s Black Friday saw a notable change in consumer behavior and economic sentiment, as shoppers worldwide engaged in the annual retail event with less fervor …
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By Katherine Masters NEW YORK (Reuters) – Formula One motor sports, which routinely draws top-tier luxury sponsors like Rolex, is expanding its roster of partners to retailers whose core business …
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By Ananya Mariam Rajesh and Savyata Mishra (Reuters) – As the holiday shopping season approaches, major U.S. retailers from Dollar General to Walmart and Macy’s could be saddled with too …
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An indictment in the Northern District of Oklahoma was unsealed today, charging ten men for conspiracy to commit wire fraud as a part of an international conspiracy to defraud online …
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WASHINGTON, D.C. — American holiday spending predictions hold steady at $923, mirroring last year’s estimates. Gallup’s recent survey indicates Americans expect to spend an average of $923 on holiday gifts, …
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By Siddharth Cavale NEW YORK (Reuters) – Walmart signaled it has enough staff for the holidays, in another sign that top U.S. retailers, fearing a seasonal shopping slowdown, are holding …
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By Lisa Baertlein and Priyamvada C (Reuters) – This holiday season, U.S. retailers are importing like it is 2019. After a spending spree on goods that began during early COVID-19 …
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LONDON (Reuters) – Some 88 UK retail leaders, including the bosses of Tesco, Sainsbury’s and Marks & Spencer, have signed a letter to interior minister Suella Braverman, demanding action over …
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NEW YORK, NY (Reuters) – Amazon faces an antitrust lawsuit by the U.S. Federal Trade Commission (FTC) and 17 state attorneys general for what they call monopolistic pricing to customers …
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(Reuters) – Roving groups of young people broke into retail stores in Philadelphia and grabbed merchandise in the early hours on Thursday, as a beefed-up police presence failed to bring …
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ROME (Reuters) – Italy on Thursday signed off a deal with distributors’ associations to try to control the prices of essential goods in the last quarter of this year, though …
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(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 …
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(Corrects spelling of Elisabeth, paragraph 1) PARIS (Reuters) – The French government plans to temporarily lift a ban on retailers selling road fuel below cost as part of efforts to …
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By Joice Alves LONDON (Reuters) – European retailers have been unlikely stock market stars this year, but a long spell of high borrowing costs and inflation has started to bite, …
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(Reuters) – Several U.S. retailers including Target and Walmart closed stores and adjusted store hours in preparation for Hurricane Idalia that plowed into Florida’s Gulf Coast on Wednesday and then …