Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
China's industrial output slows in July, retail sales miss forecasts
China's industrial output growth slowed while retail sales grew less than expected in July, highlighting strains on the economy from weak domestic demand, extreme weather disruptions and the waning effect of state policies aimed at boosting…
Developing | China's domestic demand stays muted in July as retail sales miss expectations
China's economic imbalances continued to deepen in July, as sluggish retail sales and a fixed-asset investment slump highlighted persistent weakness in domestic demand, even as exports surged. Retail sales, a major gauge of consumer spending, grew…
Ukraine takes aim at Russia's economy and morale by attacking online retailer
The attacks began on a July weekend and have continued for a month, stretching from Moscow and St. Petersburg, to cities in the south, and eastward to the Ural Mountains. The targets weren't oil refineries, maritime hubs or arms plants hit by other…
Coles, Woolworths trial facial recognition tech amid retail crime wave
Coles and Woolworths have conducted early testing of facial recognition technology as the country's two supermarket giants consider ways to stem the growth in crime and violent incidents in their stores. The trials are part of broader moves across…
China's economy slows further in July as retail sales barely grow, investment slump steepens
Retail sales grew 0.6% in July from a year earlier, missing the estimates of 1.5% jump. China's urban fixed-asset investment, including real estate and infrastructure, contracted 6.7% in the January to July period. Industrial output rose 4.5% in…
Ukraine takes aim at Russia's economy and morale by attacking online retailer
Email Address: I consent to the Terms and Conditions, Cookie and Privacy Policies. I consent to CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: One year of digital access for only $205 * Enjoy unlimited…
CBA retail boss' personal loans spiral to $19m
Commonwealth Bank retail boss Angus Sullivan is doing an impressive job of protecting his employer from Macquarie's well-resourced push into home loans, with CBA holding its market share against the silver donut even as rivals fall. His strategy…
From planners to orchestrators: The rise of AI-driven planning in retail
There is a moment many retail planners will recognise. It is Sunday evening, and a major retailer has unexpectedly pulled forward an order. A promotion is performing ahead of forecast, a supplier has flagged a delay, and inventory is already tight…
CPAP Store USA Becomes First Authorized Online and In-Store Retailer to Offer Inogen Aurora™ CPAP Masks
The launch marks a notable expansion for both companies. Inogen, widely recognized for its leadership in portable oxygen concentrators, is extending its respiratory-care portfolio into sleep therapy, while CPAP Store USA continues to broaden the…
Earnings from top retailers will give Wall Street more clues on the housing market and how consumers are grappling with inflation
Wall Street will get financial updates from some of the nation's biggest retailers this week, along with more details from the Federal Reserve's most recent meeting. Home Depot reports its latest results on Tuesday, followed by Target and Lowes on…
China's Retail Sales miss expectations in July
China's Retail Sales rose 0.6% year-over-year (YoY) in July vs. A rise of 1.5% expected and a 1.0% growth in June, the latest data released by the National Bureau of Statistics (NBS) showed Monday. Chinese Industrial Production climbed 4.5% YoY in…
Halwasiya buys 45 lakh shares of Baazar Style Retail for ₹163 crore in block deal
Shares of Baazar Style Retail hit the 5 per cent upper circuit at ₹384 as Aditya Halwasiya acquired 45 lakh shares worth ₹163 crore in a block deal. The investment comes at an important inflection point for Style Baazar, which has…
DJIA and NASDAQ Slide As Weak Retail Sales And Consumer Sentiment Data Fuel U.S. Economic Fears
Stocks closed lower Friday as disappointing retail sales and consumer sentiment data raised fresh concerns about the health of the U.S. economy and corporate earnings. The S&P 500 Index (NYSE: SPY) fell by -0.17%, the Dow Jones Industrial Average…
Retail Earnings, Fed Minutes and Other Key Things to Watch this Week
Markets face a retail-dominated week where Home Depot (HD), Target (TGT), TJX Companies (TJX), and Walmart (WMT) report earnings providing critical consumer spending assessment across income segments. Wednesday's FOMC meeting minutes at 2:00pm will…
We are MUFG's strong retail arm: Shriram Finance chief Umesh Revankar
Shriram Finance Ltd (SFL) is working on a synergistic relationship with MUFG Bank. The non-banking financial company (NBFC) will fund the clients of the corporates supported by the Japanese banking major. This way SFL, which at last count had…
Receive a Daily briefing on Retail Industry News
Get Started