Retail

At the 2022 Islamic Finance News Awards, Emirates Islamic Came Out on Top

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has secured three prestigious awards at the Islamic Finance News Awards 2022.

Retail Market Internet of Things Spending by Big Companies Will Increase Due to IBM, Microsoft, and Google

The Latest Released Internet of Things in Retail market study has evaluated the future growth potential of Internet of Things in Retail market and provides information and useful stats on market structure and size.

German Retail Sales Drop in April As Food Prices Bite

German retail sales fell as consumers feel the pinch of higher prices, especially for food, and retailers face supply problems.

Apple Says It Will Raise Pay for Corporate and Retail Employees in Tight Labor Market

Apple will increase the starting wage for its retail employees in the U.S. to $22 an hour.

Retail Sales Down 3.4% YoY in February

Without motor vehicles, retail sales declined by 1.8%, a reversal from the 16.1% increase in January 2022.

A Top Beauty Executive Has Been Suspended After Posting a Sesame Street Meme

John Demsey, executive group president at Estée Lauder, was suspended without pay over the incident, WSJ reports.

H&M Latest Sales Rise 8%, Returning to Pre-Pandemic Levels

Measured in local currencies, sales were up 11%.

Retail Sales Rise Less Than Forecast in November During Height of Holiday Shopping Season

While the November number came in below estimates, October was revised higher.

BT Launches Digital Advertising Platform To Help Businesses Grow Online

BT launched a digital advertising platform for businesses to run their own digital marketing campaigns, helping them to promote their goods/services online.

Independent Grocery Sales Climbed 17% in 2020

Driving the upsurge was a boost in transaction size to an average of $31 and a “big upswing” in online orders, NGA said.

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