retail trade

Image for Sainsbury’s boss looks to UK budget to lift spending gloom
Business

Sainsbury’s boss looks to UK budget to lift spending gloom

By James Davey COBHAM, England (Reuters) – Britons bruised by a cost of living crisis will not start...

2nd October, 2024

Image for French retailer Casino to present new strategy with heavy job cuts expected
Business

French retailer Casino to present new strategy with heavy job cuts expected

PARIS (Reuters) – French supermarket chain Casino will set out its new strategy in November, with he...

1st October, 2024

Image for Discounter Pepco’s sales hurt by supply chain disruption
Business

Discounter Pepco’s sales hurt by supply chain disruption

By James Davey LONDON (Reuters) -European discount retailer Pepco Group said its fourth-quarter unde...

26th September, 2024

Image for Polish fashion retailer LPP confirms annual revenue goal of up to $5.5 billion
Business

Polish fashion retailer LPP confirms annual revenue goal of up to $5.5 billion

GDANSK (Reuters) – Poland’s largest apparel retailer LPP confirmed its full-year revenue target of 2...

26th September, 2024

Image for Miniso shares slump on plans to buy stake in Yonghui Superstores
Business

Miniso shares slump on plans to buy stake in Yonghui Superstores

HONG KONG (Reuters) -Shares of Miniso Group Holding plunged as much as 39.2% to HK$20 ($2.57) on Tue...

24th September, 2024

Image for Nike veteran Hill to replace Donahoe as CEO; shares jump
Business

Nike veteran Hill to replace Donahoe as CEO; shares jump

By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former senior executive...

20th September, 2024

Image for Nike’s next CEO Hill brings a bootstraps mentality
Business

Nike’s next CEO Hill brings a bootstraps mentality

By Nicholas P. Brown (Reuters) – Elliott Hill started at Nike as an intern in 1988 but steadily scal...

20th September, 2024

Image for London blue-chips slip as sterling jumps after retail sales beat
Finance

London blue-chips slip as sterling jumps after retail sales beat

(Reuters) – UK shares slipped on Friday while the British pound jumped, though the stock index was s...

20th September, 2024

Image for UK retail sales rise by more than expected in August
Top Stories

UK retail sales rise by more than expected in August

LONDON (Reuters) -British retail sales rose by a stronger-than-expected 1% in August and growth in J...

20th September, 2024

Image for UK supermarket sales growth slows after summer holidays
Business

UK supermarket sales growth slows after summer holidays

LONDON (Reuters) – British supermarket sales growth slowed over the last month as consumers trimmed...

18th September, 2024

Image for US stocks, dollar rise with eyes on Fed and strong data
Finance

US stocks, dollar rise with eyes on Fed and strong data

By Isla Binnie NEW YORK (Reuters) -U.S. stocks followed European peers higher and the dollar firmed...

17th September, 2024

Image for Central Europe factories and retailers shut in flood-hit areas
Business

Central Europe factories and retailers shut in flood-hit areas

By Jan Lopatka PRAGUE (Reuters) -Factories and stores across central Europe shut down production lin...

16th September, 2024