German June retail sales below expectations
The German retail sector experienced a slightly stronger decline in sales in June than initially anticipated. According to preliminary data…
All articles by Mohamed Dabo
Mohamed Dabo
Mohamed Dabo is a seasoned journalist with extensive experience in financial reporting. He brings a wealth of knowledge from his previous work in the United States and France, along with his numerous contributions to business and financial publications over the years.
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EU initiates retail sector’s green and digital transformation
In a significant move towards advancing the green and digital transformation of the retail and wholesale sector, the European Commission…
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Fashion retailer New Look closes stores across UK
Popular UK-based fashion retailer New Look is set to close three of its stores over the coming weeks. According to…
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UK loses 6,000 retail stores in five years
New figures reveal that the UK has experienced the closure of 6,000 storefronts over the past five years. The impact…
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Walmart faces backlash for switching packaging materials
Walmart, the largest US retailer known for introducing various changes, is now facing criticism from some of its customers. The…
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Co-op warns of soaring retail crime
UK-based convenience store operator the Co-op has issued a warning about the alarming surge in retail crime, which could potentially…
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House of Fraser owner disillusioned with department stores
In a recent announcement, Frasers Group, the owner of House of Fraser, revealed its intention to potentially close additional stores…
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Falling inflation boosts expectations for bank holiday retail sales
The August bank holiday is just around the corner, marking the final extended weekend before the Christmas season for 2023.…
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LVMH reports exceptional growth despite economic challenges
Global luxury goods conglomerate LVMH has maintained its exceptional growth trajectory in the first half of the fiscal year 2023,…
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Retail takeovers reach 5-year high in UK
The number of mergers and acquisitions (M&A) in the UK retail sector has surged to its highest level in five…