Hopes for luxury goods market as China’s retail sales surge in October
China released economic data revealing a boost in retail sales and slower declines in home prices, signalling economic recovery amid recent stimulus efforts. This recovery…
Gavin Newsom reflects on year of arrests made for retail theft, car burglaries a week ahead of election
Gov. Gavin Newsom on Monday touted the results of a yearlong crackdown on retail theft across the state, an announcement that aligns with his strong…
Retail sales increase 0.4% in September
Retail sales in September beat out Wall Street forecast, increasing a seasonally adjusted 0.4% in the month, topping the unrevised total of 0.1% in August,…
A Big Russia Bet Is Minting Fortunes on Paper for Retail Investors
Breadcrumb Trail LinksPMN BusinessOn Christian Wehr’s first investor road trip to Russia, he brought his dad along for moral support.Author of the article:Bloomberg NewsPatrick SykesPublished…
The US could see shortages and higher retail prices if a dockworkers strike drags on
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressMae Anderson And Anne D'innocenzioPublished Oct 03, 2024 • 6 minute read You can save this article…
UK Retail Sales Beat Expectations During August Sunny Spell
Breadcrumb Trail LinksPMN BusinessUK retail sales picked up pace in August, as consumers’ desire to take advantage of sunny weather and summer discounts offset gathering…
Newsom signs another retail theft bill amid rising crime concerns
SACRAMENTO — Gov. Gavin Newsom on Thursday signed the last of a bundle of retail theft bills crafted by Democratic lawmakers to address the rise in…
Eurozone retail sales rebound in July as euro strengthens against US dollar
Eurozone retail sales rose by 0.1% in July, rebounding from a June decline. The euro strengthened to 1.11 against the dollar, driven by US Fed…
Father and daughter duo arrested in SoCal retail theft ring, CHP says
A search warrant served at an Inglewood home to bust a retail theft ring uncovered not only hundreds of thousands of dollars in stolen merchandise,…
Newsom signs legislative crime package addressing organized retail theft
SAN JOSE — Gov. Gavin Newsom has signed 10 bills in what he is calling an unprecedented effort to combat escalating retail crimes, car thefts and…
U.S. retail sales rose 1% in July, outpacing expectations
Retail sales rose 2.7% in July from a year ago, according to a Thursday U.S. Census Bureau report. Sales were up 1% for the month…
California Legislature passes bills to curb retail theft
SACRAMENTO — California lawmakers on Monday gave final approval to a package of 10 bills meant to combat retail theft, an effort that divided Democrats as…
U.S. retail sales flat in June, beat Dow Jones expectations
People carry shopping bags as they walk in Herald Square on Black Friday in New York City on November 26, 2021. A new Census Bureau…
Australia Retail Sales Jump, Boosting Case for RBA Hike
Breadcrumb Trail LinksPMN BusinessAustralian retail sales rose by more than expected in May with spending largely driven by discounts in the face of elevated borrowing…
Nike stock plunges on surprise forecast of drop in sales | Retail News
Nike’s stock has plunged as a forecast for a surprise drop in annual sales amplified investor concerns about the pace of the sportswear giant’s efforts…
Amazon to launch discount section with direct shipping from China: Report | Retail News
The shopping section is Amazon’s most aggressive response to the growth of bargain sites like Temu and Shein. Amazon.com plans to launch a section on…
California lawmakers at odds over passing retail theft laws
SAN FRANCISCO — After coming out as gay at 14 years old, Nicholas Michael Nelson was kicked out of the family home in Oceanside and…
UK Retail Sales Jump Most Since January as Confidence Grows
Breadcrumb Trail LinksPMN BusinessUK retail sales last month jumped at the strongest pace since January as consumers returned to shops to buy everything from clothes…
Netflix to open retail centers with live ‘Bridgerton’ ‘experiences’
Netflix said it will open retail complexes next year in Dallas and in King of Prussia, Pa., a major step for the streaming giant as…
Column: Stop playing politics on retail theft crackdown
SACRAMENTO — It’s hardball season in California’s state Capitol, and we’re not talking baseball. At times like this, I think of two all-star political philosophers: Otto…