Retail

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.

Evergrande Seeks To Reassure Retail Investors as Key Debt Deadline Looms

Evergrande will make it a top priority to help retail investors redeem their investment products sold by the indebted property giant.

Shop Sales Fall For Fourth Month As More Dine Out

Retail sales in the UK fell for the fourth month in a row in August, but people spent more time eating and drinking in bars and restaurants.

Future-Reliance Retail Merger Deal: FRL Seeks Early Hearing of Appeal in SC

Future Retail Ltd Friday sought an early hearing in the Supreme Court on its fresh appeal against a recent Delhi High Court order.

Japan’s Retail Sales Extend Gains but Covid-19 Challenges Persist

Japan's retail sales rose for a fifth straight month in July, beating expectations as the consumer sector continued its recovery

Bitter Brew for Coffee Roasters as Vietnam Adds to Brazil Woes

Leading coffee roasters have been dealt a blow as a strict lockdown in Vietnam, the world’s 2nd biggest grower has led to higher bean prices.

Macy’s Raises Annual Sales Forecast As Shoppers Return to Stores

The company also said it expects 2021 adjusted earnings per share of $3.41 to $3.75, compared to a prior forecast of $1.71 to $2.12.

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