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Britain's Tesco limits online shop to 80 items during coronavirus crisis
News 2 days ago
Britain's Tesco limits online shop to 80 items during coronavirus crisis

LONDON (Reuters) - Britain's biggest supermarket group Tesco will limit the number of items customers can order in an online shop to 80 during the...

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Factbox: Coronavirus cases reported at 13 of Amazon's U.S. warehouses
News 2 days ago
Factbox: Coronavirus cases reported at 13 of Amazon's U.S. warehouses

However, news reports that a handful out of Amazon's hundreds of thousands of U.S. warehouse workers have contracted the virus raise the potential...

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Exclusive: Ross Stores, other retailers cancel vendor orders following coronavirus hit
News 2 days ago
Exclusive: Ross Stores, other retailers cancel vendor orders following coronavirus hit

NEW YORK (Reuters) - After closing stores around the world to curb the spread of the coronavirus, retailers are now telling some vendors to...

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U.S. drilling lease sales draw few bids during oil market meltdown
News 4 days ago
U.S. drilling lease sales draw few bids during oil market meltdown

The Bureau of Land Management (BLM) received bids on just 40% of the 193,584 acres (78,300 hectares) offered for leasing via online auctions in...

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U.S. kicks off new drilling lease sales despite oil market slump
News 4 days ago
U.S. kicks off new drilling lease sales despite oil market slump

The Bureau of Land Management (BLM) is offering more than 210,000 acres (85,000 hectares) for leasing via online auctions in Wyoming, Nevada and...

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Exclusive: Amazon raises overtime pay for warehouse workers
News 1 week ago
Exclusive: Amazon raises overtime pay for warehouse workers

Hourly workers at the warehouses will receive double pay after 40 hours for overtime, up from the 1.5-times rate, from March 15 to May 9, the...

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Boutique shops in central London on the brink as coronavirus kills trade
News 1 week ago
Boutique shops in central London on the brink as coronavirus kills trade

LONDON (Reuters) - Horlis Ramirez packed shoes with silk bags into boxes in his empty store in London's West End shopping district, voicing fears...

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Sellers' Amazon loans at risk as company limits warehouses to essential goods
News 1 week ago
Sellers' Amazon loans at risk as company limits warehouses to essential goods

NEW YORK/LOS ANGELES (Reuters) - Some Amazon sellers say the online retailer's abrupt decision to stop receiving non-essential inventory in...

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Jeweler Pandora temporarily closes stores in some countries
News 1 week ago
Jeweler Pandora temporarily closes stores in some countries

The U.S. stores will be closed for two weeks starting Wednesday, the company said. It said that its manufacturing facilities in Thailand and its...

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Toymaker Lego shuts all stores outside of China due to virus
News 1 week ago
Toymaker Lego shuts all stores outside of China due to virus

COPENHAGEN (Reuters) - Danish toymaker Lego said on Wednesday it would close all of its stores, except for those in China, until at least March 27...

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U.S housing market shows strength before coronavirus outbreak
News 1 week ago
U.S housing market shows strength before coronavirus outbreak

WASHINGTON (Reuters) - U. S. homebuilding fell less than expected in February as a plunge in the construction of multi-family housing units was...

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AT&T closing 40% of company owned retail stores, cutting hours
News 1 week ago
AT&T closing 40% of company owned retail stores, cutting hours

WASHINGTON (Reuters) - AT&T Inc (T. N) said Wednesday it will close 40% of its U.S-company owned retail stores nationwide as a result of the...

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German retailers plead for state aid as stores close
News 1 week ago
German retailers plead for state aid as stores close

BERLIN (Reuters) - Germany's HDE retail association called on Wednesday for the government to give immediate state aid and tax relief to stop...

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U.S. retail sales post biggest drop in a year; coronavirus drag coming
News 1 week ago
U.S. retail sales post biggest drop in a year; coronavirus drag coming

WASHINGTON (Reuters) - U. S. retail sales fell by the most in more than a year in February and the coronavirus pandemic is expected to depress...

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Jaguar plans to keep making cars at UK plants until at least end of week
News 1 week ago
Jaguar plans to keep making cars at UK plants until at least end of week

LONDON (Reuters) - Britain's biggest automaker Jaguar Land Rover (TAMO. NS) plans to keep making vehicles at its domestic factories until at least...

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U.S. retail sales fall broadly in February
News 1 week ago
U.S. retail sales fall broadly in February

WASHINGTON (Reuters) - U. S. retail sales fell by the most in more than a year in February and the coronavirus outbreak is expected to depress...

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Amazon warehouses receive only vital supplies in U.S., Europe amid coronavirus
News 1 week ago
Amazon warehouses receive only vital supplies in U.S., Europe amid coronavirus

NEW YORK (Reuters) - Amazon.com Inc (AMZN. O) will only receive vital supplies at its U.S. and UK and other European warehouses until April 5, its...

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Nordstrom shuts stores, pulls 2020 outlook due to coronavirus
News 1 week ago
Nordstrom shuts stores, pulls 2020 outlook due to coronavirus

The department store operator said it would close its stores for two weeks starting March 17, while keeping its apps and websites open, including...

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Exclusive: UK supermarkets may cut services to stay open as coronavirus spreads - sources
News 1 week ago
Exclusive: UK supermarkets may cut services to stay open as coronavirus spreads - sources

- sources LONDON (Reuters) - Britain's major supermarkets are working on plans to streamline their operations by cutting cafes, counters and other...

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Feed the hamster: German retailer asks students to restock shelves
News 1 week ago
Feed the hamster: German retailer asks students to restock shelves

BERLIN (Reuters) - A German supermarket chain called on Monday for students whose universities have shut due to the coronavirus crisis to help it...

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Nike, Under Armour join retailers shutting stores to limit virus spread
News 1 week ago
Nike, Under Armour join retailers shutting stores to limit virus spread

The virus, which began in China at the end of last year, has led to school closures and canceled sports events in the United States and beyond. It...

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Federal Reserve statement - lowering federal funds rate to 0 to .25%
News 1 week ago
Federal Reserve statement - lowering federal funds rate to 0 to .25%

WASHINGTON (Reuters) - The Federal Reserve issued coordinated actions to combat the economic impacts of the coronavirus Sunday night, including...

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Apple to close retail stores worldwide, except Greater China, until March 27
News 2 weeks ago
Apple to close retail stores worldwide, except Greater China, until March 27

"We will be closing all of our retail stores outside of Greater China until March 27," Apple CEO Tim Cook wrote in a letter apple.co/2w768jZ posted...

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Apple says reopening all its branded stores in China
News 2 weeks ago
Apple says reopening all its branded stores in China

The iPhone maker's Chinese website listed the opening time for all stores, which varies from 10:00 am to 11:00 am local time. The website had...

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IKEA tests selling through third party for the first time, on Tmall in China
News 2 weeks ago
IKEA tests selling through third party for the first time, on Tmall in China

STOCKHOLM (Reuters) - IKEA on Tuesday started selling its products on Alibaba's (BABA. N) Chinese e-commerce platform Tmall, the first time the...

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Transforming Britain's John Lewis could take five years, new boss warns
News 3 weeks ago
Transforming Britain's John Lewis could take five years, new boss warns

LONDON (Reuters) - The new chairman of British retailer John Lewis warned on Thursday it could take up to five years to revive the employee-owned...

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U.S. housing starts drop; building permits near 13-year high
News 1 month ago
U.S. housing starts drop; building permits near 13-year high

WASHINGTON (Reuters) - U. S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained...

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U.S. housing starts fall; building permits near 13-year high
News 1 month ago
U.S. housing starts fall; building permits near 13-year high

WASHINGTON (Reuters) - U. S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained...

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Carrefour to buy 30 stores in Brazil from rival Makro
News 1 month ago
Carrefour to buy 30 stores in Brazil from rival Makro

SAO PAULO (Reuters) - The Brazilian unit of France's Carrefour SA (CARR. PA) has agreed to buy 30 stores from rival retailer Makro's Brazilian...

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Tesco unlawfully stopped rivals from opening stores: UK regulator
News 1 month ago
Tesco unlawfully stopped rivals from opening stores: UK regulator

LONDON (Reuters) - Tesco (TSCO. L), Britain's biggest retailer, unlawfully stopped major supermarket rivals from opening shops near its stores, the...

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