British supermarkets’ plea to shoppers: stop panic buying
LONDON (Reuters) – Britain’s food retailers appealed to shoppers on Sunday to stop panic buying during the coronavirus outbreak, saying…
Coronavirus could be knockout blow for Hong Kong’s once-thriving tourism, retail sectors
HONG KONG (Reuters) – Tom Bennell’s olive oil distribution business took a heavy beating during months of pro-democracy protests that…
M&S suffers fresh blow as finance chief quits
(Reuters) – Marks & Spencer Group Plc (MKS.L) said on Saturday its chief financial officer, Humphrey Singer, was stepping down…
Stockpiles of tomatoes? UK retailers bristle at demands of no-deal Brexit
LONDON (Reuters) – A British demand for supermarkets to prepare for a potentially chaotic no-deal Brexit by stockpiling food is…
Wall Street Weekahead: Investors look at dollar stores as U.S. recession fears increase
NEW YORK (Reuters) – More investors are watching the shares of discount retailers like Dollar General Corp (DG.N) and Dollar…
When controversies hit, wait-and-see no longer works, U.S. companies find
NEW YORK (Reuters) – When Bank of America Corp (BAC.N) held its annual meeting in April, activists insisted it stop…
Luxury online reseller The RealReal closes up more than 40% in debut
(Reuters) – Shares of U.S. online luxury reseller The RealReal Inc (REAL.O) closed up more 40% in their debut on…
Perdue Foods enters crowded plant-based alternative meat market
(Reuters) – Perdue Foods, one of America’s largest chicken producers, said it will sell frozen chicken nuggets mixed with cauliflower,…
Dick’s Sporting Goods to end U.S. Olympic sponsorship
FILE PHOTO: A general view of Dick’s Sporting Goods store in Stroudsburg, Pennsylvania, U.S., February 28, 2018. REUTERS/Eduardo Munoz (Reuters)…
Trade war threatens reign of luxury stocks
LONDON/PARIS (Reuters) – An escalating trade war between the United States and China could abruptly end a glittering stock market…
U.S. Supreme Court backs American Express in merchant fee dispute
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday sided with American Express Co and against 11 states, ruling that…
House of Fraser shareholder Sports Direct sues over business plan
LONDON (Reuters) – A minority shareholder of Britain’s House of Fraser, Sports Direct (SPD.L), is suing the department store chain…