Italian retail sales drop by 2.2% in July
Italian retail sales fell 2.2% in July from the month before, data showed on Tuesday, following a 10.2% rise in June. National statistics institute ISTAT revised down June's data from…
Euro zone retail sales return to pre-pandemic levels
The volume of retail sales in the euro zone rebounded in June to levels recorded in February before lockdowns, official estimates showed on Wednesday, completing a recovery that began in…
Retail trade in Malta and euro area shows signs of recovery in May
In May 2020, when Member States began easing the COVID-19 containment measures, the seasonally adjusted volume of retail trade increased by 17.8% in the euro area and by 16.4% in…
Malta: Retail trade in Malta witnessed largest EU decrease
Malta experienced the largest drop in retail trade across the EU when restrictive measures shut shops last April. The volume of retail trade in Malta decreased by 25.1% in April…
Owners of Corona Beer facing worst quarter in 10 years following Coronavirus outbreak
The company that owns Corona beer is facing its worst quarter in 10 years following the coronavirus outbreak. Anheuser-Busch In Bev owns some of the world’s most famous beer brands, including Budweiser,…
Microsoft forms global strategic partnership with customer data science experts to transform retail sector
Microsoft has formed a global strategic partnership with dunnhumby, the leader in customer data science, in a move that could transform the $5.9 trillion retail sector. As part of the…
Midday Corporate Dispatch – Corporate and Financial News
The Baltic Container Terminal (BCT), operated by a Maltese company since the 1990s, is investing €30 million over the next three years to consolidate its position as the main recipient…
Express Trailers Supporting Maltese Retailers To Export Globally
Maltese retailers are constantly facing competition from international online stores. The natural and more logical reaction to this foreign competition is to go globally by selling online themselves. One of…
Mothercare plans to sell its ELC brand
In its efforts to cut debt, British baby products retailer Mothercare plc announced it plans to sell its educational toy brand Early Learning Centre Ltd (ELC) to Teal Brands Ltd…
Amazon to launch ‘try before you buy’ service in UK
Amazon Fashion is launching a “try before you buy” service in the UK following a successful trial in the US. Named Prime Wardrobe, the scheme allows customers signed up to Amazon’s…
Italy: 50,000 jobs may be lost if Sunday shopping is curbed
Italian supermarket chains have forecast tens of thousands of job losses if the country’s populist government goes ahead with plans to curtail Sunday trading. Luigi Di Maio, the deputy prime…
Sunday shopping in Italy might soon be a thing of the past
Italy's Goverment announced it will be proposing changes to the retail law, so that Sunday shopping will be a thing of the past, bar few exceptions and the introduction of…
House of Fraser to close more than half its UK stores
House of Fraser is to close more than half its UK stores, putting a further 6,000 jobs at risk and dealing another hammer blow to the high street. The move…
Supermarkets might be forced to ban ‘guilt lanes’ in the UK to fight obesity
You're done with your shopping in the supermarket and waiting impatiently for your turn. You're hungry and there lies the temptation, a rack full of sweets and chocolates. The temptation…