British Retail Faces

Shoplifters 'out of control' and becoming more brazen, say retailers

Shoplifters are carrying out brazen acts of theft because they 'do not fear any consequences'.

BBC News - 5h

Victoria’s Secret taps retail veteran as new CFO, but stock sells off

Victoria’s Secret is facing customers who are dealing with higher costs for more pressing needs.

MarketWatch - 1d

Retail investors pour $900mn into Nvidia as they chase ‘buying opportunity’

Traders bought chipmaker shares at ‘astounding’ pace as stocks wobbled this week

Financial Times - 1d

The British Columbia Securities Commission’s got talent

They call Vancouver “Hollywood North” for a reason

Financial Times - 1d

Retail investors may think tech stocks are overvalued, but they’re still bullish

The stock market just had two strong back-to-back years. While some retail investors are starting to get wary, many are still feeling bullish.

MarketWatch - 2d

British retail faces a reckoning as 232-year-old chain looks to sell its high street stores

British retailer WH Smith is looking to sell its historic high street business to focus on its travel store unit in the latest hit to the U.K.'s retail industry.

CNBC - 3d

Australians celebrate and protest the anniversary of British colonization

Australians are celebrating and protesting across the country as Australia Day draws attention to political differences over Indigenous rights months out from a federal election

ABC News - 4d

A new style of pub puts a spin on a British classic

As hundreds of Britain’s traditional pubs close every year, one type of establishment is bucking the trend. Desi pubs, which serve South Asian food alongside their pints, offer a taste of home ...

CBS News - 5d

British Museum hit by alleged IT attack by ex-worker

The museum says capacity is limited, with members and those who already hold tickets given priority.

BBC News - 5d

Retail Closures Surged in 2024, and Could Double to 15,000 This Year

Experts say the rise in store shutterings is driven by rising online retail sales and consumers converging on big one-stop-shopping chains and platforms.

Inc. - 5d

Profits at Indian banks dented as RBI curbs retail loans

Bad loan provisions also grow after millions of households loaded up on debt during ‘exuberant’ period

Financial Times - 6d

Retail crime 'queenpin' to pay millions in restitution to retailers for theft ring

The California mom who pleaded guilty to running an organized retail crime ring that stole millions of dollars in beauty products from Ulta Beauty and Sephora to resell on Amazon will now have to ...

NBC News - Jan. 22

Retail crime 'queenpin' to pay millions in restitution to Ulta, other retailers for theft ring

Michelle Mack was accused of running a sprawling retail crime ring that targeted Ulta and Sephora stores across the country and will spend five years in prison.

CNBC - Jan. 22

British man admits stabbing partner to death in Italy

Michael Whitbread, 75, is on trial in Lanciano for murder of fellow Briton Michele Faiers, 66, in October 2023. A British man living in Italy has admitted stabbing his partner to death, claiming he ...

The Guardian - Jan. 18

British retail sales unexpectedly drop in December

Pound falls and gilts rally as investors bet on more interest rate cuts

Financial Times - Jan. 17

Retail investors flock to gilts in first two weeks of 2025

Platforms report surge in sales to take advantage of CGT exemption

Financial Times - Jan. 16

Patients Are Dying in Hospital Corridors, British Nurses Say

A damning report on overcrowded hospitals added fuel to a painful debate over the crises at the National Health Service.

The New York Times - Jan. 16

A British lawmaker pleads guilty to assaulting a man in the street

A British lawmaker has pleaded guilty to beating a man in a street during an incident captured on video

ABC News - Jan. 16

British hostage families cautious but hopeful for reunions

Families tell the BBC they're hoping for reunions with loved ones held in captivity for over 15 months.

BBC News - Jan. 16

Malaysia Retailer Eco-Shop to Tap Investors Ahead of IPO

The Malaysian discount-store retailer aims to start tapping investors early next week ahead of a planned initial public offering valuing the company at over $1 billion, people familiar with the ...

The Wall Street Journal - Jan. 15

British activist investor seeks to disrupt Singapore takeover

Palliser Capital accuses OCBC of treating insurer’s minority shareholders unfairly as activist campaigns pick up in Asia

Financial Times - Jan. 15

British history made in 'stressful' Boulter win

Katie Boulter becomes the sixth British player to win in this year's Australian Open singles draws - the most to reach the second round in the nation's history.

BBC News - Jan. 14

Retailers post early holiday results — and Wall Street isn’t impressed

Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.

CNBC - Jan. 13

Google Joins the AI Shopping Revolution With Agent Tools for Retailers

The next stage of AI development, which lets the technology act with more autonomy and performs some customer service actions, is being applied to an industry that must constantly embrace change.

Inc. - Jan. 13

A murder that shook British India and toppled a king

A businessman was shot dead in India 100 years ago. Then, a sensational tale unfolded.

BBC News - Jan. 12

British hiker's family devastated as items found

Aziz Ziriat's family say they are devastated as his phone case is found by search teams in the Dolomites.

BBC News - Jan. 11

Memories of rosy Christmas fade as UK retailers brace for tough 2025

Groups including Sainsbury’s, Next and M&S warn of higher prices and weaker demand as costs and inflation rise

Financial Times - Jan. 10

Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail

Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.

CNBC - Jan. 10

We're buying more of this retail stock that's showing positive sales momentum

The company is having a nice fourth quarter, according to a note published by Truist on Friday.

CNBC - Jan. 10

Wall Street’s riskiest stocks are melting down as retail traders face ‘day of reckoning’

Retail traders who had developed a taste for gambling on speculative stocks were facing a day of reckoning on Wednesday as many of their favorite trades suffered a startling meltdown.

MarketWatch - Jan. 9

Body found in search for missing British hikers in Italy

Aziz Ziriat, 36, and Samuel Harris, 35, from London, had not been heard from since 1 January.

BBC News - Jan. 8

Britain’s retail ‘boomer’ chains are making a comeback

Youth is wasted on the young with 160-year-old Next showing a steady cash flow despite rising costs

Financial Times - Jan. 8

Search launched for British hikers missing in Dolomites

Aziz Ziriat and Samuel Harris were last heard from on 1 January and never boarded a flight home.

BBC News - Jan. 7

December sales provide little cheer for retailers

Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.

BBC News - Jan. 7

UK retail sales growth ‘minimal’ in final quarter of 2024, data shows

BRC survey suggests consumers stayed cautious during what is usually busiest time of year

Financial Times - Jan. 7

How The Vivienne became a breakout star of British drag

The Vivienne, who has died aged 32, was unapologetically unique and hilariously straight-talking.

BBC News - Jan. 6

Fortnite Lego Sets Launch At Major Retailers, Including Amazon And Walmart

Lego Fortnite Battle Bus (954 Pieces) ...

GameSpot - Jan. 5

The Biggest U.S. Retailers Increased Their Dominance in 2024

Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.

Inc. - Jan. 3

British woman and fiance found dead in Vietnam villa

Greta Marie Otteson, 33, was discovered dead in a room at a tourist villa in Hoi An, police said.

BBC News - Jan. 3

Preventing a British royal regency nightmare

Being regent would thrust Harry onto the global stage — which he and Meghan have arguably attempted to crash repeatedly since “Mexiting.”

The Hill - Jan. 2

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