Retail news

• Sports Direct shuts 8 Jack Wills stores with others vulnerable

  15-08-2019 18:44
  More closures possible if new rent terms are not agreed with landlords
  
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• Walmart: delivering the goods

  15-08-2019 18:27
  Retailer is investing heavily to “reimagine retail” and better compete with Amazon
  
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• Bosses force female workers making jeans for Levis and Wrangler into sex

  15-08-2019 18:20
  Women at factories in Lesotho owned by Taiwanese firm say jobs and promotions in jeopardy if they refuse advances, claims reportWomen producing jeans for American brands including Levi Strauss, Wrangler and Lee have been forced to sleep with their managers to keep their jobs or gain promotion, an investigation into sexual harassment and coercion at garment factories in Lesotho has found.Brands have responded to the “extensive” allegations by the the US-based Worker Rights Consortium
  
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• Alibaba posts revenue jump ahead of management changes

  15-08-2019 17:30
  Robust earnings come as Chinese tech conglomerate prepares for new chairman
  
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• US retail outlook brightens with Walmart and new data

  15-08-2019 16:22
  Strong results from world’s largest retailer comes amid robust consumer spending
  
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• US retail sales beat estimates to show strong consumer spending

  15-08-2019 14:57
  Better than expected figures partly soothe growing fears over economy
  
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• Spend, spend, spend: spirit of Viv Nicholson lives on among shoppers | Larry Elliott

  15-08-2019 14:55
  Consumers are not fretting about Brexit but you can understand why retailers are uneasy over 31 OctoberViv Nicholson, those with long enough memories may recall, won what was then a small fortune on the football pools in 1961. Asked what she was going to do with the money, she replied: “Spend, spend, spend.” Which she duly did until there was nothing left.The latest official retail sales figures show that the spirit of Viv Nicholson lives on among Britain’s shoppers. Moreover,
  
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• Walmart raises outlook for domestic sales but UK and Canada weak

  15-08-2019 13:55
  US retailer’s full-year forecast prompts 5 per cent rally in pre-market trading
  
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• Alibaba revenues rise 42% on China online shopping surge

  15-08-2019 13:53
  Tech giant beats analyst expectations after Tencent disappointment
  
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• Alibaba/NBA: Nets benefits

  15-08-2019 12:53
  Ownership of a US sports franchise should improve the Chinese e-commerce group’s image
  
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• Online shoppers and Amazon Prime Day lift UK retail sales

  15-08-2019 12:40
  Small rise confounds City forecasts as even troubled department stores record increaseOnline spending bolstered UK retail sales last month, while department stores notched up their first increase this year, as consumers shrugged off Brexit fears.The quantity of goods bought rose 0.2% in July, buoyed by the annual Amazon Prime Day, according to the Office for National Statistics. The figures follow a 1% increase in June, wrong-footing City economists who had expected a 0.2% decline. Related: Spen
  
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• Online shoppers and Amazon Prime Day boost UK retail sales

  15-08-2019 12:40
  Small rise confounds City forecasts as even troubled department stores record increaseOnline spending boosted UK retail sales last month, while department stores notched up their first increase this year, as consumers shrugged off Brexit fears.The quantity of goods bought rose 0.2% in July, boosted by the annual Amazon Prime Day, according to the Office for National Statistics. The figures follow a 1% increase in June, wrongfooting City economists who had expected a 0.2% decline.What's the probl
  
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• UK retail sales unexpectedly jump in July

  15-08-2019 10:54
  Consumer sector continues to support British economy into third quarter
  
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