Retail

Retail Industry Contributes $5.3trn To GDP Of The United States

The retail industry is the largest private-sector employer in the U.S., contributing $5.3 trillion (€4.91 trillion) to the country's annual GDP.

Swiss Inflation Dips Slightly, Consumer Prices Rise In June

Swiss inflation dipped slightly last month, government data showed in the first reading on prices after the Swiss National Bank (SNB) cut interest rat...

Retail Accounts For One In Seven Administrations In UK, Study Finds

The retail industry accounted for approximately one in seven (14%) of businesses that filed for administration in the UK in the first half of 2024, new dat...

Supercentro Reports 5% Revenue Growth To €257m

Italy's Supercentro reported a 5% year-on-year increase in revenue to €257 million and group EBITDA of €6.2 million in its financial year 2023.

Żabka To Roll Out Six Mobile Stores This Summer In Poland

Żabka will roll out six mobile stores this summer to cater to consumers in places where there are no traditional stores, or where they are difficult to acc...

Tesco Workers Set For £30m Shares Windfall

More than 20,000 Tesco employees will share a windfall profit of more than £30 million (€35.4 million) from maturing stock schemes, Britain's bi...

HDE Calls For Enhanced Law Enforcement As Shoplifting Incidents Rise

The German Retail Association (HDE) has reiterated its call for more consistent criminal prosecution given the increasing number of shoplifting incidents.