retail-trade
BusinessNike’s Next CEO Hill Brings a Bootstraps Mentality
FinanceLondon Blue-Chips Slip as Sterling Jumps After Retail Sales Beat
Top StoriesUK Retail Sales Rise by More Than Expected in August
BusinessUK Supermarket Sales Growth Slows After Summer Holidays
US Stocks, Dollar Rise With Eyes on Fed and Strong Data
Date: September 17, 2024
By Isla Binnie NEW YORK (Reuters) -U.S. stocks followed European peers higher and the dollar firmed on Tuesday, as unexpectedly strong economic data from Washington allayed slowdown fears a day before an expected interest rate cut by the Federal Reserve. Betting increased over the last week that the Fed could cut deeper than previously expected,...
Central Europe Factories and Retailers Shut in Flood-Hit Areas
Date: September 16, 2024
By Jan Lopatka PRAGUE (Reuters) -Factories and stores across central Europe shut down production lines and closed their doors on Monday due to flooding that has killed at least 10 people, forced tens of thousands to evacuate and submerged towns from Poland to Romania. In Ostrava – an industrial city of 290,000 people in northeast...
India Accuses Samsung, Xiaomi of Colluding With Amazon, Flipkart
Date: September 16, 2024
By Aditya Kalra NEW DELHI (Reuters) -Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart’s Flipkart to exclusively launch products on the e-commerce firms’ Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters. Antitrust investigations conducted by the Competition Commission of India (CCI) have found that Amazon...
UK’s Domino’s Pizza Plans to Hire 5,000 Staff Ahead of Peak Holiday Season
Date: September 16, 2024
(Reuters) – Britain’s Domino’s Pizza Group said on Monday that it plans to hire 5,000 staff across the UK and Ireland to meet the increased demand expected during the upcoming peak holiday season. The franchise, which operates under the umbrella of U.S.-based Domino’s Pizza in the UK and Ireland, added that it was looking...
Zara to Offer Its Secondhand Clothes Service in US by October
Date: September 12, 2024
MADRID (Reuters) – Zara will offer its service for selling, repairing or donating secondhand clothes in the United States by the end of October as a way of prolonging their life cycle and reducing waste, its owner Inditex said on Wednesday. Zara’s ‘Pre-Owned’ platform is already running in 16 European countries, after launching in Britain...
Zara Owner Inditex Sees Early Autumn Sales Perk up After Summer Slowdown
Date: September 11, 2024
By Corina Pons MADRID (Reuters) -Zara owner Inditex reported a jump in sales of its autumn/winter collection on Wednesday, boosting its share price as the world’s largest listed fashion retailer recovered from a summer marred by poor weather. Shares in Spain’s Inditex were up 4.6% by 0855 GMT, outperforming the IBEX35 which was up 1.1%....