retail-trade
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Greek Restaurants Feel the Heat as Souvlaki Prices Soar
Date: June 1, 2022
ATHENS (Reuters) – As Greek restaurateurs gear up for the summer season, they are keeping a wary eye on the potentially damaging impact of inflation – amply illustrated by the soaring price of a signature snack popular with both locals and visitors. Averages prices for souvlaki have risen far faster than headline measures of inflation...
Amazon.com Says Unfairly Targeted by U.S. Antitrust Bill
Date: June 1, 2022
By David Shepardson and Diane Bartz WASHINGTON (Reuters) – Amazon.com Inc on Wednesday lambasted a bill in Congress barring tech giants from giving preference to their own businesses on their websites, saying it unfairly singles the retailer out while not subjecting rivals to similar regulations. The Senate could vote on the bill as early as...
Nexi Strikes $412 Million Buy of BPER’s Retailer Payment Business
Date: June 1, 2022
MILAN (Reuters) – Italian payments group Nexi has agreed to buy the shop payments business of BPER Banca and Banco Di Sardegna in a deal worth up to 384 million euro ($412 million) that brings in a network of more than 110,000 retailers. Nexi, one of Europe’s leading payments company, has been steadily expanding its...
FTSE 100 Slips Ahead of Long Weekend as Ex-Dividend Trades Weigh
Date: June 1, 2022
(Reuters) -UK stocks were set for a long weekend with mild losses on Wednesday, as ex-dividend trading impacted shares of National Grid and Vodafone, while Dr. Martens surged more than 20% after the footwear brand lifted its annual revenue forecast. The blue-chip FTSE 100 snapped a five-session winning streak to drop 0.4%, with National Grid...
German Retail Sales Drop in April as Food Prices Bite
Date: June 1, 2022
BERLIN (Reuters) -German retail sales fell by more than expected in April as consumers feel the pinch of higher prices, especially for food, and retailers face supply problems from the China lockdowns. The Federal Statistics Office said on Wednesday that retail sales were down 5.4% on the month in real terms. A Reuters forecast had...
The Growing Power of Influencer Marketing on Twitch
Date: May 27, 2022
By Matt Woods, CEO and founder of influencer marketing agency AFK Digital explains the power, potential and reach of influencer marketing on Twitch. Twitch is known as a live-streaming platform for gamers, however its growth over the last number of years means this couldn’t be further from the truth anymore. Twitch provides an outlet for...