World news about “Retail trade” published by euronews.
Writedowns slam Tesco’s profits Tesco is pulling out of its loss-making Fresh & Easy business in the US at a cost of almost 1.2 billion euros for restructuring and other one-off… 17/04/2013
US tax hikes fail to discourage consumer spending US consumers made light of any tax hikes to boost retail spending by 1.1 percent, the biggest rise in five months. As much as half of the increase was a… 14/03/2013
Snowy January hits UK retail sales Bad winter weather meant less footfall in British shops in January. Heavy snow caused retail sales to unexpectedly fall in January. That has reviving… 15/02/2013
HMV boss says confident firm will survive Digital downloads have claimed another top retailer as British entertainment chain HMV calls in the administrators. That follows Virgin France’s… 15/01/2013
Unmerry Christmas for Marks & Spencer A leak of its disappointing quarterly sales figures meant British retailer Marks & Spencer was forced to publish its trading update a day early. To find out… 10/01/2013
Next enjoys festive boost Retailer Next defied market gloom on Thursday in London by upgrading its full-year profit forecast. The shares of the UK’s second largest clothing chain… 03/01/2013
Spanish shoppers stay away from tills More misery for the Spanish economy with news that retail sales fell off the cliff in November, down another 7.8% year-on-year. It is the 29th straight month… 28/12/2012
Spanish shoppers stay at home Spanish retail sales suffered their worst drop on record in September, plunging by nearly eleven percent. It was the 27th consecutive monthly decline, and… 29/10/2012
US retail boost for Obama ahead of TV debate The US economy is showing signs of recovery as retail sales rose reflecting stronger than expected economic growth in the third quarter. Purchases increased… 15/10/2012
French spin-off to put FNAC back on track The French luxury group PPR has confirmed reports that it is planning to sell-off its FNAC chain of retailers. The shops sell goods ranging from theatre… 09/10/2012
Cautious eurozone drivers pull down retail sales It seems eurozone motorists – worried about high prices and the region’s slide into recession – spent less on fuel during the normally busy summer driving… 03/10/2012
Indian stores fear global behemoths Smaller general stores in India are mostly family businesses which pride themselves on service. Managing them is passed from parents to offspring. They may… 20/09/2012
Indian Hitler shop causes controversy – nocomment A clothing store in India has caused controversy by being named after Adolf Hitler. The owner claims having named his shop after a friend’s father nickname… 01/09/2012
Neckermann joins stricken retailers Another major name in German retailing is out of money and out of time. Mail order company Neckermann said it was insolvent and applying for bankruptcy… 19/07/2012
German retailer Metro pays price for boss’s pessimism Europe’s third largest retailer’s share price was down 6.28 percent on Monday, the biggest faller on the Dax. According to its CEO, Olaf Koch, the eurozone… 09/07/2012
Carrefour’s boss: Give me just a little more time Three years: that’s the time Carrefour’s new CEO, Georges Plassat, says he needs to turn around Europe’s largest retailer. A realistic estimate according… 18/06/2012
Tesco checks out of Japan The British supermarket giant Tesco has admitted defeat in Japan and is pulling out of the country after an eight year attempt to crack the market. It will… 18/06/2012
Recession empties Spanish shops April was one of the worst months in recent history for Spain’s shopkeepers. Spanish retail sales fell by 9.8 percent from April last year, adjusted for… 29/05/2012
Tesco moves to get its mojo back One billion pounds is the amount British retailer Tesco wants to invest on winning back its UK customers. It is losing ground to its main competitors and in… 18/04/2012
Carrefour warns on profit – again Carrefour has issued its fourth profit warning in as many months as cash-strapped shoppers spend less. Europe’s biggest retailer said it expects operating… 13/10/2011
Putin tries to boost China-Russia relations Attempting to boost relations between Moscow and Beijing, the Russian prime minister has met the Chinese President as part of a two-day visit. Both… 12/10/2011
Another profit warning from Carrefour Carrefour has issued a warning on profits for the fourth time in a year and admitted it made a mistake in raising prices earlier this year, before some of its… 13/07/2011
Euro zone sales up, UK down Euro zone retail sales were stronger than forecast in April, rebounding from a slump in March – up 0.9 percent month-on-month and up 1.1 percent… 07/06/2011
Metro’s sales flat but losses lower Metro, the world’s fourth largest retailer, has reported flat first-quarter sales but it did post a smaller loss than had been expected at three million… 03/05/2011
Laundry cartel clean-up Unilever and Procter & Gamble have been have been fined a combined 315.2 million euros by competition authorities for fixing washing powder prices in eight … 13/04/2011
‘Nappy’ hunters leave Norwegian baby bottoms bareSouthern Norway is in the midst of a diaper shortage after a supermarket price war lured enterprising bulk shoppers from eastern Europe who have cleaned out… 05/02/2013
Save Hellas, buy GreekTraders in the Hellenic Republic trying to win hearts, minds and pockets are calling on people to buy Greek products. Though the word crisis may be Greek in… 23/01/2013
Walmart workers in pay protest on ‘Black Friday’Workers from the large American retailer Walmart have defied management to stage a series of strikes and demonstrations over pay and conditions, on what is… 23/11/2012
Mini queues for iPad mini in AsiaApple loyalists queued across Asia to get their hands on the company’s new iPad mini, yet crowds were down previous global rollouts. It is thought the price… 02/11/2012
Austerity hit Italians shop lessRetail sales in Italy were down in July for the fourth month running. The continued fall in spending by Italian shoppers highlighting the effect of… 26/09/2012
Supermarket reforms bring millions of Indian shopkeepers onto the streetsA nationwide general strike is underway in India over far-reaching reforms of the country’s retail sector. The government plans to open the market to… 20/09/2012
