Goldman names its favorite retail stock and others it likes in 2024
CNBC: Investing
DECEMBER 13, 2023
Goldman expects retailers such as Target to offset pricing pressure with market share gains and more sales.
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Global Banking & Finance
DECEMBER 5, 2023
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.
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Global Banking & Finance
JULY 4, 2023
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.
Global Banking & Finance
OCTOBER 18, 2023
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.
Global Banking & Finance
MAY 15, 2024
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.
The New York Times: Banking
SEPTEMBER 15, 2023
Consumers are spending a little more, but apartment prices and the pace of construction keep falling.
Razorpay
AUGUST 28, 2024
We dug deep into the offline retail process, understanding the challenges faced by store operators and sales staff. Introducing Razorpay DigiPOS—a game-changing app that promises to revolutionize not just the Offline Payments Experience, but the entire Retail journey. At Razorpay, we saw this gap and decided to act.
CNBC: Investing
SEPTEMBER 7, 2023
Analyst Peter Saleh trimmed his estimates for same-store sales, a key metric used by retailers and restaurants, for these three stocks.
The TRADE
JANUARY 23, 2024
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).
JD Supra: Mergers
OCTOBER 3, 2024
Over the last five years, auto and equipment dealers experienced a period of low inventory levels with high margins on the limited inventory they had for sale and lease. Used automotive and equipment wholesale and retail prices surged. By: Womble Bond Dickinson
Global Banking & Finance
NOVEMBER 7, 2024
By Savyata Mishra (Reuters) – Ralph Lauren raised its annual sales forecast on Thursday, on strong holiday demand for its expensive cashmere sweaters and shirts as wealthy customers remain undeterred by price hikes. Shares of the luxury retailer rose 5% in early trading as the company also beat its second-quarter results.
Global Banking & Finance
JULY 21, 2023
British retail sales beat expectations in June By David Milliken LONDON (Reuters) – British retail sales rose more than expected in June, boosted by unusually hot weather and a rebound in food sales after a dip the month before when public holidays disrupted normal spending patterns, official figures showed on Friday.
Global Banking & Finance
JUNE 26, 2024
UK retail sales go into reverse this month, CBI survey shows (Reuters) -British retail sales softened this month after a recovery in May, and stores expect another drop next month, an industry survey showed on Wednesday.
Global Banking & Finance
JULY 12, 2023
Discount retailer Pepco’s sales growth slows LONDON (Reuters) -European discount retailer Pepco Group reported a slowdown in underlying sales growth in its latest quarter on Thursday, saying it faced a challenging trading environment in April and May, particularly in Central Europe.
Cisco: M&A
FEBRUARY 1, 2024
We asked Jeremy Martin (Sales Leader, Americas, Webex CPaaS Solutions) to discuss Webex Connect and how… Read more on Cisco Blogs Join us as we dive deeper into Cisco and Cisco Partner technology deployed at the Cisco Store!
Global Banking & Finance
NOVEMBER 9, 2024
(Reuters) – Italian retail sales rose 1.2% Sales rose 0.7% in September from the month before, data showed on Friday, following a 0.3% fall in August. National statistics institute ISTAT marginally revised up August’s data from an originally reported 0.5% in unadjusted year-on-year terms in September, ISTAT said.
Global Banking & Finance
DECEMBER 3, 2024
LONDON (Reuters) – British retailers reported lacklustre sales in November, according to industry data on Tuesday affected by the timing of the Black Friday sales, although it still pointed to weakening consumer confidence. Sales volumes dropped by 3.3%
Global Banking & Finance
SEPTEMBER 20, 2024
LONDON (Reuters) -British retail sales rose by a stronger-than-expected 1% in August and growth in July was revised up, official figures showed on Friday. in sales volumes last month. The Office for National Statistics said sales volumes in July rose by a revised […]
Wall Street Mojo
JANUARY 3, 2024
What Is Sales Return Journal Entry? Sales Return in terms of payroll journal entry can be defined as the one which shall be used to account for the customer returns in the books of account or to account for when there is a return of goods sold by the customer due to defective goods sold, or misfit in requirement of the customer, etc.
Global Banking & Finance
OCTOBER 17, 2024
retail sales increased slightly more than expected in September, boosting confidence that the U.S. By Karen Brettell NEW YORK (Reuters) – The dollar jumped to an 11-week high on Thursday after data showed that U.S. economy remains strong.
Global Banking & Finance
SEPTEMBER 20, 2024
By Linda Pasquini (Reuters) – Sterling edged up against the dollar and the euro on Friday, as strong UK retail sale data provided an extra boost to the currency’s upbeat trend. The pound briefly hit $1.33405, touching March 2022 highs for the third consecutive day, but pared earlier gains to $1.32975.
Global Banking & Finance
OCTOBER 20, 2023
Sterling at weakest vs euro in five months as retail sales weigh LONDON (Reuters) – The pound was at its weakest against the euro in five months on Friday and was also under pressure versus the dollar as weak retail sales data reinforced fears about the health of the British economy. The euro climbed as […]
Global Banking & Finance
APRIL 19, 2024
UK retail sales stagnate despite easing inflation By Suban Abdulla LONDON (Reuters) -British retail sales stagnated in March despite high inflation easing recently, representing the first time that they have not grown in monthly terms since December, the Office for National Statistics said on Friday.
Sun Acquisitions
JANUARY 26, 2024
The quest to boost retail sales can often seem like an uphill battle in the competitive landscape of medical spas or med spas. One such strategy that has gained traction is utilizing mergers and acquisitions (M&A) to buy another med spa business with proven retail success into an existing Med Spa model.
CNBC: Investing
JUNE 9, 2023
The firm downgraded the retail giant to neutral from buy.
Global Banking & Finance
AUGUST 15, 2023
Dollar falls after stronger-than-expected retail sales data, yuan falls to 9-month low By Hannah Lang, Joice Alves and Samuel Indyk WASHINGTON/LONDON (Reuters) – The dollar index was lower after data showed U.S.
The New York Times: Mergers, Acquisitions and Dive
JANUARY 22, 2024
The retailer, which has struggled to increase its sales as shoppers cut back, acknowledged that it had received an unsolicited buyout offer, which it said ‘lacks compelling value.’
Global Banking & Finance
NOVEMBER 29, 2024
(Reuters) – German retail sales fell more than expected in October, decreasing by 1.5% Compared to the same month in the previous year, the retail sector recorded an increase in sales of 1.0% compared with the previous month, data showed on Friday. Analysts polled by Reuters had predicted a 0.3% in real terms.
Global Banking & Finance
JUNE 18, 2024
Dollar pares gains after US retail sales miss expectations in May By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar pared gains against the euro on Tuesday after retail sales data indicated signs of exhaustion among U.S. retail sales increased less than […]
Global Banking & Finance
APRIL 15, 2024
retail sales By Karen Brettell NEW YORK (Reuters) – The dollar reached its highest since early November against a basket of currencies on Monday, and sent the yen to its lowest level since 1990, after U.S. retail sales increased more than expected in March. Retail sales […]
Global Newswire by Notified: M&A
AUGUST 9, 2023
Aalst, Belgium, August 9, 2023 – Ontex Group NV (Euronext Brussels: ONTEX) (“Ontex”), a leading developer and manufacturer of hygiene products and solutions for retailers and healthcare, announces that it has entered into a binding agreement to sell its Algerian business to Hygianis SPA, its local distributor for more than 20 years.
Global Banking & Finance
MAY 24, 2024
Washout for UK retailers as rain spurs sharp drop in April sales By Andy Bruce (Reuters) -British retail sales slid by far more than expected in April as rainy weather kept shoppers away, in more mixed economic news for Prime Minister Rishi Sunak ahead of a national election, data showed on Friday.
Global Banking & Finance
DECEMBER 20, 2024
LONDON (Reuters) – British retailers reported a weak run-up to the Christmas holidays with sales falling again and businesses worrying about higher costs in 2025, the Confederation of British Industry said on Friday. It had also contracted […]
Global Banking & Finance
AUGUST 15, 2024
retail sales data soothed fears about slowing economic growth, and tempered investor bets of imminent aggressive interest rate cuts. Retail sales increased 1.0% By Koh Gui Qing and Naomi Rovnick NEW YORK/LONDON (Reuters) -World stocks rose on Thursday and Treasury yields spiked after surprisingly strong U.S.
Global Banking & Finance
DECEMBER 18, 2024
LONDON (Reuters) -European home improvement retailer Kingfisher will exit the Romanian market after agreeing the sale of its loss-making Brico Depot Romania business to Altex Romania for an enterprise value of 70 million euros ($74 million).
Global Banking & Finance
NOVEMBER 22, 2024
By William Schomberg LONDON (Reuters) – British retail sales fell by much more than expected in October, according to official data that added to other signs of a loss of momentum in the economy in the run-up to the first budget of Prime Minister Keir Starmer’s new government. Sales volumes dropped by 0.7%
The Guardian: Mergers & Acquisitions
FEBRUARY 2, 2024
Julian Dunkerton in discussions with potential partners to fund cash offer as company considers store closures ‘We’re in a bumpy part of the ride’ – Superdry founder on fashion’s ups and downs The co-founder and boss of Superdry is hoping to buy back the struggling fashion brand as it considers store closures after a slump in sales.
Razorpay
AUGUST 14, 2024
The Razorpay D2C & Retail Summit 2024 is set to be a landmark event for the D2C and retail sectors. What is the Razorpay D2C & Retail Summit? What is the Razorpay D2C & Retail Summit? It aims to provide a platform for D2C and retail brands to connect, learn, and grow.
The New York Times: Mergers, Acquisitions and Dive
JUNE 5, 2024
Family Dollar has struggled with its operations in recent years, and Dollar Tree said in March that it would close nearly 1,000 of the stores.
Global Banking & Finance
NOVEMBER 6, 2024
BERLIN (Reuters) – The German retail sector is expecting a slight increase in sales this Christmas season compared with the previous year, the German Retail Association (HDE) said on Wednesday. Revenue in November and December is expected to grow by 1.3% compared to the same period last year to a total of 121.4
Global Banking & Finance
OCTOBER 26, 2023
UK retailers suffer joint-worst October on record: CBI LONDON (Reuters) – British retailers reported their joint-worst October for sales volumes on record and they expect another difficult time in November as households struggle with the higher cost of living, a Confederation of British Industry survey showed on Thursday.
Global Banking & Finance
NOVEMBER 22, 2024
LONDON (Reuters) – The pound weakened on Friday after data showing British retail sales fell by much more than expected in October, which if matched by other soft data could cause the Bank of England to be less cautious when it comes to rate cuts. Sterling was last down 0.22% on the dollar at $1.2566, […]
Global Banking & Finance
NOVEMBER 7, 2024
GDANSK (Reuters) -Croatian food retailer Studenac is planning an initial public offering with plans to list on the stock exchanges of Warsaw and Zagreb, the company said on Thursday. The offer will consist of new shares and the sale of existing shares by current shareholders.
Global Banking & Finance
AUGUST 18, 2023
British consumers curb their shopping in rainy July By William Schomberg and William James LONDON (Reuters) -British retailers reported a bigger-than-expected drop in sales in July as heavy rain put off shoppers who are also feeling the hit from high inflation and 14 back-to-back increases in interest rates.
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