Retail Industry News

A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

reuters.com - Hungry, thirsty soccer fans help UK retailers return to growth
Hungry, thirsty soccer fans help UK retailers return to growth
Reuters

LONDON, July 23 (Reuters) - British retail sales resumed their post-lockdown recovery in June after a surprise fall in May, as soccer fans watching the Euro 2020 tournament loaded up on food and drink to enjoy at home, Britain's statistics agency…

forbes.com - Vipin Bharathan - MAS Retail CBDC Global Challenge Reveals Familiar Themes Wrapped In Complexity
MAS Retail CBDC Global Challenge Reveals Familiar Themes Wrapped In Complexity
Forbes

Singapore is blessed. Blessed with freedom(maybe) and the rule of law, blessed with a healthy mix of native born and immigrants, blessed with a diverse population, blessed with an excellent harbor, blessed in its location, blessed with orchid…

theglobeandmail.com - Reuters - Canadian dollar set for weekly gain as data signals retail sales rebound
Canadian dollar set for weekly gain as data signals retail sales rebound
The Globe and Mail

The Canadian dollar edged lower against its U.S. counterpart on Friday, but was on track to end a volatile week slightly higher as global equity markets rose and a preliminary estimate showed Canadian retail sales recovering in June. The loonie…

cnbc.com - Charmaine Jacob - Singapore retailers are reeling from further Covid measures as sales drop 70% for some
Singapore retailers are reeling from further Covid measures as sales drop 70% for some
CNBC

Singapore's brick and mortar businesses have bee hit hard by Covid-19 and retailers have seen sales plummet significantly as a result of Covid restrictions, according to Rose Tong, the executive director of the Singapore Retailers Association. On…

forbes.com - Trevor Clawson - Widening Circles - The Startup That's Attracting Big Retail To The Circular Economy
Widening Circles - The Startup That's Attracting Big Retail To The Circular Economy
Forbes

The circular economy is no longer a novelty. Instead of buying a drill that will be used two or three times and then locked in a cupboard, increasing numbers of us are renting from our peers via apps.. And rather than making the choice between…

adage.com - Taboola moves into e-Commerce with acquisition of retail-focused Connexity
Taboola moves into e-Commerce with acquisition of retail-focused Connexity
Ad Age

Content recommendation company Taboola is moving into e-commerce with its acquisition of retail-focused platform Connexity in a deal worth roughly $800 million. The buy gives Taboola access to Connexity's technology, which specializes in attracting…

telegraph.co.uk - Morgan Meaker - Retail sales post June rise as Covid rules eased - live updates
Retail sales post June rise as Covid rules eased - live updates
The Telegraph

Unlock unlimited access to telegraph.co.uk, plus the latest news updates and daily newspaper in our app. Cancel anytime. Mike Lynch can be extradited to US, judge rules FTSE 100 set to push higher after rebound stalled on Thursday US markets close…

cnbc.com - Melissa Repko - How a Walmart worker with Down syndrome - and her sister - fought and beat the giant retailer after getting fired
How a Walmart worker with Down syndrome - and her sister - fought and beat the giant retailer after getting fired
CNBC

Marlo Spaeth, who has Down syndrome, 'receded into a shell' and lost her sense of purpose when Walmart fired her from her job, her sister Amy Jo Stevenson said in an interview. For the past six years, Stevenson and the U.S. Equal Employment…

qz.com - Sumnima Kandangwa - Can Hong Kong retail recover without tourists?
Can Hong Kong retail recover without tourists?
Quartz

After studying cash transfer programs conducted by its neighbors, Hong Kong is experimenting with putting money in people's hands to help its struggling retailers. More than 6 million people have registered to receive Hong Kong's HK$5000 (US$640)…

businessinsider.com - Emily Graffeo - SEC charges California man with running a micro-cap stock fraud scheme that targeted retail investors
SEC charges California man with running a micro-cap stock fraud scheme that targeted retail investors
Business Insider

The SEC charged Charlie Abujudeh with running microcap stock fraud schemes targeting retail investors. According to the SEC, Abujudeh generated over $9 million in illicit proceeds relating to the scheme. The 'linchpin' of Abujudeh's schemes was…

bloomberg.com - Steven Church - Hertz's Quirky Stock Gives Retail Holders $5 Edge Over Insiders
Hertz's Quirky Stock Gives Retail Holders $5 Edge Over Insiders
Bloomberg

Only 3% of the stock is traded on public markets for about $17 Accredited holders buy and sell in private at just $12 How long can retail day traders be right about the value of Hertz's stock and institutions be wrong? We're about to find out. The…

independent.co.uk - Henry Saker-Clark - Retail sales rebound as Euro 2020 boosts food and drink
Retail sales rebound as Euro 2020 boosts food and drink
The Independent

Please enter a valid email address Please enter a valid email address I would like to be emailed about offers, events and updates from The Independent. Read our privacy notice Retailers saw sales rebound in June as football fans enjoying the Euros…

independent.co.uk - Adam Forrest - No self-isolation exemptions for retail, hospitality or supermarket store staff, says minister
No self-isolation exemptions for retail, hospitality or supermarket store staff, says minister
The Independent

Please enter a valid email address Please enter a valid email address I would like to be emailed about offers, events and updates from The Independent. Read our privacy notice The government has ruled out extending the special exemptions from…

financialpost.com - Bloomberg News - Canadian retail sales jump in June as virus cases recede
Canadian retail sales jump in June as virus cases recede
financialpost

Canadian retailers have started to recover from the third major COVID-19 shutdown, which stunted shopping earlier this year. Receipts fell 2.1 per cent in May, when many provinces had restrictions on businesses to combat the virus, Statistics…

globalnews.ca - Staff - Canadian retail sales fell by 2.1% in May amid COVID-19 lockdowns
Canadian retail sales fell by 2.1% in May amid COVID-19 lockdowns
Global News

Statistics Canada says retail sales fell by 2.1 per cent to $53.8 billion in May, as many businesses remained close during the third wave of COVID-19, but the agency expects to see a return to growth once June numbers are available. Story continues…

Receive a Daily briefing on Retail Industry News