article thumbnail

UK retailers see weak sales growth in November despite Black Friday deals

Global Banking & Finance

UK retailers see weak sales growth in November despite Black Friday deals By Suban Abdulla LONDON (Reuters) -British retail sales growth remained sluggish in November despite Black Friday deals, as the ongoing cost-of-living squeeze prompted shoppers to rein in spending on non-essential items, the British Retail Consortium said on Tuesday.

Retail 94
article thumbnail

Goldman names its favorite retail stock and others it likes in 2024

CNBC: Investing

Goldman expects retailers such as Target to offset pricing pressure with market share gains and more sales.

Retail 129
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Chinese smartphones sales exceed 70% of Russian market

Global Banking & Finance

Chinese smartphones sales exceed 70% of Russian market (Reuters) – Chinese smartphones dominated the Russian market in the first half of 2023, exceeding 70% of all sales, leading consumer electronics retailer M.Video-Eldorado said, up from about 55% last year.

Sale 122
article thumbnail

UK mobile operator EE eyes growth with new retail platform

Global Banking & Finance

UK mobile operator EE eyes growth with new retail platform LONDON (Reuters) – EE, Britain’s biggest mobile operator, on Wednesday announced the launch of a sales platform called EE ID that will offer gaming consoles and other electronics to its customers and others.

Retail 126
article thumbnail

Coinme Surpasses $1 Billion in Retail Sales, Marks a Decade of Championing Crypto Accessibility

Global Banking & Finance

Coinme Surpasses $1 Billion in Retail Sales, Marks a Decade of Championing Crypto Accessibility Coinme, the cryptocurrency-cash exchange best known for powering thousands of bitcoin ATMs, has reached a milestone in its effort to make crypto more accessible to mainstream consumers.

Retail 75
article thumbnail

What Retail Sales and Other Data Say About China’s Economy

The New York Times: Banking

Consumers are spending a little more, but apartment prices and the pace of construction keep falling.

Retail 133
article thumbnail

GTN appoints new equity sales trader

The TRADE

Omar Darwish has joined fintech pioneer GTN as equity sales trader following a three-and-a-half-year stint at Arqaam Capital. Throughout his career, UAE-based Darwish has also worked as sales trader at investment banks Credit Suisse and Commercial International Bank (CIB).

Sale 105