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Discover Latest #Retail News, Articles and Videos with Contenting
Retail news, articles and videos provide a great way to stay up-to-date on the latest developments in the retail industry. Here you can find information about new products, trends, regulations, and other topics related to retail. From the latest news on store openings, to the newest trends in retail technology, there is something here for anyone interested in the retail industry. Read on to find out more about the most recent retail news, articles and videos.
Poundland faces stock shortages as big brands tighten terms following £1 sale
Poundland is battling to keep shelves stocked after major consumer goods suppliers including Nestlé and Procter & Gamble reportedly tightened credit terms in response to mounting concerns over the retailer’s financial stability.
Nikkei Ends Lower as Fast Retailing Slumps - ForexTV
On Friday, Japan's Nikkei 225 Index fell by 0.19%, closing at 39,569, as initial gains were reversed due to a significant sell-off in Fast Retailing shares, which negatively affected the overall market. Fast Retailing, the parent company of Uniqlo, saw its shares plunge by 6.9% following a warning that newly announced US tariffs would have a substantial impact on its US operations later in the year. This prompted the company to announce planned price increases. The cautionary statement came shortly after US President Donald Trump revealed a 25% tariff on Japanese products, effective August 1, intensifying the trade tensions between the US and Japan. In reaction, Prime Minister Shigeru Ishiba emphasized Japan's need to lessen its reliance on the US in key sectors such as defense, food security, and energy, describing the ongoing negotiations as a critical "battle" for national interest. Other prominent stocks that declined included Fujikura, which dropped 3.2%, Mitsubishi Heavy Industries, down 2.0%, and SoftBank Group, which fell by 1.4%.The material has been provided by InstaForex Company - www.instaforex.com