retail

Amazon, Other Retailers Under Investigation by FCC for Allegedly Selling Prohibited Signal Jammers

Amazon, Other Retailers Under Investigation by FCC for Allegedly Selling Prohibited Signal Jammers

The FCC is investigating Amazon and other online retailers for selling and promoting illegal jamming equipment.

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Amazon Sued By Five Women Alleging Discrimination

Amazon And Other Retailers Lost About $101 Billion To Refund Scam Promoted On TikTok And Telegram

Losses exceeding $700,000 in individual cases due to refund fraud were owed to platforms like TikTok and Telegram, where these schemes were promoted.

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Financial Conduct Authority To Implement Stricter Rules In Spread-Betting

An investigation on spread-betting revealed that 82% of users lost money. In response, the Financial Conduct Authority proposed for stricter rules for the industry.

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Axis Bank MD And CEO Shikha Sharma Predicts Retail And SME Sectors As The Next Bubbles

Reports have foreseen that retail and sme sectors will be the next bubbles.

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Starbucks is Closing 4 out of Its 5 Teavana Tea Bar

Three stores in New York will be converted to Starbucks stores, one store in Beverly Hills will be closed completely, one other in Seattle will remain open. More than 350 retail locations will also continue to sell the Teavana products, and some of the menus will be incorporated into Starbucks' menu.

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SEC's stock market reform club locks out retail brokers

The U.S. Securities and Exchange Commission is convening a group of financial industry veterans for the first time next month to consider stock market reforms, but one group will be conspicuously absent: retail brokerages.

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China economic data weaker than expected, fuels policy easing bets

Growth in China's investment, retail sales and factory output all missed forecasts in January and February and fell to multi-year lows, leaving investors with little doubt that the economy is still losing steam and in need of further support measures.

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Solid U.S. retail sales point to firming economic recovery

Jack Reed can see the recovery taking hold at his family's 109-year-old clothing store in Tupelo, Mississippi, with sales buoyed in part by the paychecks tied to a Toyota plant up the road and rising confidence that the jobs are here to stay.

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Come spring, 'For Sale' signs expected in U.S. riot-hit town

Realty brokers in battered Ferguson, Missouri, are predicting many homes could go up for sale early next year after rioting over the August police shooting of a black teenager appeared to put a chill on the number of active listings.

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Best Buy revenue misses estimates as customers shift online

Best Buy Co Inc (BBY.N), the largest U.S. specialty retailer of consumer electronics, reported lower-than-expected quarterly revenue for the third straight quarter, citing a drop in traffic in its stores as more people shop online.

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China's July economic data points to further softness

China's economy showed further signs of softening in July despite a burst of government stimulus measures, suggesting more policy support may be needed to keep growth on track as a property downturn worsens.

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China's banking regulator set to expand loans facilities to include retail purchases

The China Banking Regulatory Commission had sought opinions to allow companies to set up financing firms that offer loans for retail purchases under certain parameters.

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Confie Seguros acquires Retail Agency Group of Affirmative Insurance Holdings Inc.

Formal agreements were recently signed between Confie Seguros and Affirmative Insurance Holdings as to the acquisition of the retail distribution arm of AFFM.

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Shinsegae invests KRW2.5 trillion to create jobs for South Korea

South Korean retail chain Shinsegai said that it will continue to invest in the local market this year to boost local demand.

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Bank of Cyprus possible restructure to retail and asset management

The Bank of Cyprus is thinking of restructuring its operations into retail and asset management.

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