UK retailers report subdued Christmas spending: BRC
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 into a…
Texas Man Sentenced to Prison for Defrauding National On-line Retailers
DENVER – The U.S. Attorney’s Office for the District of Colorado announces that Adam George Redmon, age 38, of Austin, Texas, was sentenced to a year and a day in federal prison…
Polish fashion retailers LPP, CCC suspend Ukraine operations
– Poland’s two largest fashion retailers, LPP and CCC, are suspending all business in Ukraine, company officials said on Thursday, after Russia’s attack on its neighbour sent their shares plummeting. Two of…
Nexi in exclusive talks to buy BPER’s retailers’ payment arm-source
MILAN -Italian payments group Nexi is in exclusive talks to buy the retailers’ payment business of BPER Banca, a person close to the matter said, confirming a report by Bloomberg News. A…
UK retailers cut $10 billion of contracts from unethical suppliers – Barclays
LONDON – British retailers have cancelled 7.1 billion pounds ($9.6 billion) in contracts over the last 12 months with suppliers that do not meet their ethical and sustainability standards, according to a…
U.S. union wants retailers to review wages paid by vendors in ‘human capital’ trend
By Ross Kerber – The Teamsters union wants four large U.S. retailers to investigate if companies in their supply chains are underpaying workers, hoping the retailers will use their leverage with vendors…
‘Wild West’: California Aims To Crack Down On Major Retailers Over Plastic Bag Violations
A California state commission requested that authorities crack down on retailers it accused of skirting plastic bag and pollution laws, Reuters reported. The California Statewide Commission on Recycling Markets and Curbside Recycling…
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