retail-trade
HeadlinesAnalysis-Companies Race to Ship Goods to the US Ahead of Potential Tariffs
HeadlinesH&m Speeds up Shift to Regional Supply Chains Amid Tariff Threat
FinanceH&m Reports Weaker Than Expected Fourth-Quarter Sales
FinanceH&M's Fourth-Quarter Sales Dented by Late Black Friday
Swatch Posts Steep Drop in Sales and Profit as China Struggles
Date: January 30, 2025
By John Revill ZURICH (Reuters) -Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States and Japan failed to offset a steep...
UK Supermarket Asda Cuts Prices to Kick Start Recovery
Date: January 30, 2025
By James Davey LONDON (Reuters) - British supermarket group Asda on Thursday launched a major round of price cuts, with "a significant investment" its new boss hopes will kick start a recovery for the...
Theft and Violence in UK Retail Soar to Record Levels, Survey Shows
Date: January 30, 2025
By James Davey LONDON (Reuters) - Theft and violence against retail workers in Britain soared to record levels last year and are "out of control", driven partly by criminal gangs, according to a...
Levi's Bleak 2025 Profit Forecast After Strong Holiday Quarter Hits Shares
Date: January 29, 2025
(Reuters) - Levi Strauss beat market expectations for fourth-quarter revenue on Wednesday, helped by robust demand for its denim skirts and dresses during the holiday quarter. The company reported...
UK's Tesco to Cut 400 Jobs Across Stores and Head Office
Date: January 29, 2025
LONDON (Reuters) -Britain's biggest supermarket group Tesco plans to cut about 400 jobs from stores and its head office, seeking efficiency savings so it can invest in the business, it said on...
Lloyds to Shut 136 Branches in UK Amid Digital Banking Shift
Date: January 29, 2025
(Reuters) -Lloyds Banking Group will shut 136 branches in the UK to match customers' transition to digital banking, the Financial Times reported on Wednesday, citing the lender. The retail bank said...