Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Auto industry total retail sales rise 21.83%
Total automobile retail sales in India grew by 21.83 per cent year-on-year at 25,57,234 units in June, with the industry remaining cautiously optimistic going forward hoping for monsoon to make up for the deficit, Federation of Automobile Dealers…
Retail Investors No Longer Want Exposure-They Want Optionality
Bill Capuzzi is the CEO of Apex Fintech Solutions, advancing digital custody, clearing, and wealthtech for the next generation. Today's retail investors aren't choosing a strategy and sticking with it. They're building portfolios around…
Namibia Lets Vitol Supply Fuel Retailer After Emergency Deal
Namibia is allowing Vitol Group to supply local fuel retailer Nasan Energies, following the country's earlier move to arrange an emergency deal with the trader. The nation's competition commission prohibited Nasan from sourcing fuel from Vitol for…
Eurozone Retail Sales Picked Up in May
Eurozone retail sales rebounded in May, highlighting a brighter outlook for consumer demand despite lingering uncertainty from the conflict in the Middle East. Retail sales volumes rose 0.2% on month, following a 0.3% decline in April, according to…
Major beauty retailer returns to UK high street with 15 new stores confirmed
Beauty retailer Bodycare is returning to the UK high street with 17 new stores set to open. Bodycare collapsed into administration last September and as a result, all of its 147 stores were closed down. However, it was announced in April this year…
Nigerian-Australian Model Accuses Fashion Retailer of Using AI To Alter Features
A Nigerian-Australian model accused a menswear company of using AI to lighten his skin in its promotional materials. Elii Emeghebo said Peter Jackson, a menswear company that specializes in suits, used AI to alter his skin tone and reshape his…
Microsoft Bing Testing New Product Detail Overlay With Retailer Pricing, Price Insights & More
Microsoft Bing is testing product detail screens, overlays, when you click on a product listing within the Bing search results. Bing will overlay a product detail screen, with the products images, description, the retailers and prices they sell it…
Standard Chartered India CEO P D Singh on FCNR(B) deposits, retail strategy, and market outlook
Standard Chartered Bank's India and South Asia CEO, P D Singh, discusses the continued attractiveness of the FCNR(B) scheme, the bank's strategy for mobilising deposits from the global Indian community, and its focus on wealth management and…
Indian Auto Retail Sales Surge 21.83% in June, FADA Eyes Monsoon for Sustained Growth
India's auto retail sector achieved its best-ever June sales, with a significant 21.83 per cent year-on-year growth across all segments, as the Federation of Automobile Dealers Associations remains cautiously optimistic, pinning future growth on a…
Schwab: Retail investors keep on buying tech stocks
The stock market's record-breaking run paused in June, but retail investors kept on the gas, new data from Charles Schwab shared exclusively with Axios shows. Why it matters: The monthly report shows that retail investors continue to buy dips in…
Singapore retail sales stay in the black in May
SINGAPORE – Consumers continued to spend more in May than they did a year earlier, extending retail sales growth to a fourth straight month. But the increase was smaller than in April and spending softened from the previous month. Retail…
Uptown retail booming on Manhattan's Second Avenue
One of Manhattan's remarkable, media-blind transformations is happening — make that raging — on uptown Second Avenue. The opening of the Q subway line and rezoning a decade ago propelled a residential development frenzy that includes…
UK FCA Publishes Review of AI Impact on Retail Financial Services
The United Kingdom's Financial Conduct Authority (FCA) has issued a broad regulatory blueprint for retail financial services, warning that retail financial services are hurtling toward total automation driven by autonomous “agentic…
The Retail Trading Boom Is Back. Charles Schwab Is Quietly Cashing In.
When investors look at the discount broker industry today, fresh new names like Robinhood (HOOD +3.75%) probably get more attention than established names like Charles Schwab (SCHW +1.07%). That likely makes sense, given that Charles Schwab is one…
Major beauty retailer returns to high street with 17 new stores
A major beauty retailer is set to return to UK high streets after closing all its outlets last year. Bodycare has revealed it will be opening new stores in 17 stores across the UK, with plans to open 15 in the space of one year. This follows on…
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