Europe posts 1.2% sales drop for October
Luxembourg-based European Commission Eurostat released sales statistics that suggest the retail trade volume for euro area (EA17) recorded 3.6% drop…
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admin-demo
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Adyen launches new mobile payment solution in Europe
Dutch payment service provider Adyen has launched a new mobile payment service, Shuttle enabling shoppers to make chip & PIN…
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Shoplifting to costs UK retailers £522m over Christmas season
Centre for Retail Research (CRR) has released a report that estimates a loss of £522m through shoplifting during this Christmas…
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British retailers face fine for unfair treatment to consumers
British retailers can face possible fines for unfair treatment of consumers if lawmakers pass the proposed amendments to the Groceries…
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HMT plans to increase turnover to $550m by 2017
Indian state owned manufacturing company HMT has unveiled a new strategy to increase its overall turnover to INR30bn ($550m) over…
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UK retail sales rise in November 2012, says British Retail Consortium
UK retail sales rose 1.8% in November 2012 when compared to figures in corresponding month of 2011, said the data…
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US sales revenues fall in November 2012 due to Hurricane Sandy
US retailers recorded poor revenues for the month of November 2012 due to the dampening effect of Hurricane Sandy and…
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Bank of America offers new payment option V.me from Visa
Bank of America has launched a new payment option V.me by Visa for its online banking customers and will run…
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Major retailers agree to follow fair trading guidelines in UK
Major supermarket chains in UK including Aldi, Co-Op, Lidl, Marks and Spencer, Morrisons, Sainsbury's, Tesco and Waitrose will now adhere…
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ConAgra Foods decides to acquire Ralcorp
US-based packaged food company ConAgra has approved the acquisition of rival food brand Ralcorp in a deal worth $6.8bn including…