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…
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…
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…
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…
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…
Don't Kill the Disc' - Independent Retailer Launches Petition Calling on PlayStation to Keep Physical Games, Gets Over 115,000 Signatures
An independent retailer has launched a petition calling on Sony to reverse its decision to ditch discs on PlayStation consoles, garnering over 115,000 signatures so far. PNP Games, a Canadian independent video game retailer, launched the change.org…
Major UK retailer closes all stores after owing £59m - in business for 146 years
A major UK retailer has collapsed into administration A major UK retailer has closed all of its remaining stores after collapsing into administration with debts of more than £59 million, bringing an end to 146 years of trading on the British…
Discount retailer shuts Wales megastore in another blow for High Street
Another high street chain has shut down one of its megastores in Wales. Discount retailer Poundstretcher shut the doors of its Newtown, Powys, Wales, branch for the final time in the latest culling of a UK high street store. The 15,000sq ft shop…
Retail Investors Are Turning To AST SpaceMobile (NASDAQ: ASTS) Over SpaceX IPO Hype
AST SpaceMobile (NASDAQ: ASTS) is gaining serious traction among retail investors who see it as a more accessible and operationally grounded alternative to the SpaceX phenomenon. The company is developing what it describes as the world's first…
World Cup gives London restaurants and retailers Deliveroo boost
England's World Cup campaign has delivered a boost for restaurants and retailers across London, with new Deliveroo data showing a sharp increase in orders during the Three Lions' group-stage matches. Exclusive figures shared with City AM show BBQ…
Singaporean regulator outlines safety guardrails for financial AI agents - Retail Banker International
The Monetary Authority of Singapore (MAS) has released a white paper, prepared with financial institutions and FinTech companies, on safeguards for AI agents used in finance. The document, titled Safeguards for Agentic Finance at Runtime (SAFR)…
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