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).

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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.

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Sale Education Retail Stock 110

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

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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.

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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.

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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.

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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.

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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!

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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.

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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%

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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 […]

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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.

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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.’

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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.

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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 […]

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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.

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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.

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CNBC: Investing

JUNE 9, 2023

The firm downgraded the retail giant to neutral from buy.

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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.

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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.

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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 […]

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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.

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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 […]

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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.

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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.

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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).

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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%

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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.

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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.

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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

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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.

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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, […]

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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.

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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.

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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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Global Banking & Finance

AUGUST 27, 2024

LONDON (Reuters) – More than 3,500 current and former shop workers at British retailer Next have won a six-year legal fight for equal pay, lawyers representing the claimants said on Tuesday.

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Global Banking & Finance

AUGUST 2, 2024

By Savyata Mishra (Reuters) -Shares of Amazon.com fell more than 12% on Friday after the company reported slowing online sales growth in the second quarter and said consumers were seeking out cheaper options for purchases.

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