
The UK's ONS has issued its official December retail sales figures and they're fairly bleak. Clothing stores and department stores reported falls of 8% and 6.3%, and were also below levels in February 2020.
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The UK's ONS has issued its official December retail sales figures and they're fairly bleak. Clothing stores and department stores reported falls of 8% and 6.3%, and were also below levels in February 2020.
Early signs of the confidence shown by workers returning to their offices saw a boost for UK high street footfall in the latest week. Footfall across UK retail destinations rose 1.5%, according to Springboard.
German retail sales rose unexpectedly in November, data showed on Tuesday, lifting annual retail sales to a record high despite renewed restrictions in the coronavirus pandemic which held back a consumer-led recovery.
California officials on Monday sued Walmart Inc, accusing the retail giant of illegally dumping hazardous materials in landfills across the state that are not equipped for such waste.
In the month before the Omicron variant emerged, UK retail sales continued to advance with fashion sales proving strong, the country's statistics agency said on Friday. But it's unclear how December will play out.
British inflation has surged to its highest in more than 10 years, jumping to 5.1% and potentially unsettling the Bank of England a day before it announces whether it is raising interest rates.
The increasing threat of the new Omicron Covid variant hit UK retail footfall in the latest trading week (5-11 December). Visits across UK retail destinations declined 1.1% week-on-week, according to Springboard.
The owner of Detroit-based watchmaker Shinola and Seattle-based outdoor apparel and accessories brand Filson announced on Tuesday that Awenate Cobbina will take over as CEO, effective January 1, 2022.
Footfall in London’s West End was flat in the week starting November 29, The New West End Company said on Monday. That was despite NWEC reporting a big week-on-week increase on Saturday.
Amazon has partnered with Abu Dhabi Investment Office to establish a fulfilment centre by 2024 to be built in accordance with the company's carbon-reduction strategies, the Abu Dhabi government's media office said.