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08.04.26 - 19:00
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Retail workers call for more security after Waitrose worker sacked for tackling shoplifter (The Guardian)
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Shop workers' union Usdaw says 59% of its members in its annual survey said they would welcome more security guards in stores Retail workers have called for more security guards in stores after a Waitrose worker was sacked for taking matters into his own hands and confronting a shoplifter.Waitrose has been criticised over its treatment of Walker Smith after the Guardian reported he was fired two days after he stopped a shoplifter taking items from an Easter egg display, including Lindt chocolate bunnies. Continue reading......
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08.04.26 - 16:00
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John Lewis boss has pay increased to £1.2m as retailer cuts 3,300 jobs (The Guardian)
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Jason Tarry sees salary increase by 21% in year to January, while fewer people are employed at John Lewis and Waitrose storesThe boss of the group which owns John Lewis and Waitrose was handed a 21% increase in basic pay last year to £1.2m, as the retailer cut 3,300 jobs.Jason Tarry, who became the chair of the John Lewis Partnership (JLP) in September 2024, saw his annual salary increase by a fifth to £1.2m in the year to January from £990,000. He also received a £22,700 annual bonus – equivalent to 2% of his pay – and other benefits taking his total pay package to almost £1.26m, compared with £415,000 a year before when he only worked part of the year after taking over from Sharon White. Continue reading......
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08.04.26 - 14:06
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Slovakia Retail Sales Fall 2.5% (AFX)
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BRATISLAVA (dpa-AFX) - Slovakia's retail sales decreased for the fourth straight month in February, figures from the Statistical Office of the Slovak Republic showed on Wednesday.Retail sales fell......
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08.04.26 - 12:12
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Eurozone Retail Sales Decline 0.2% (AFX)
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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Eurozone retail sales declined in February due to a fall in food turnover, Eurostat reported Wednesday.Retail sales dropped 0.2 percent on a monthly basis in F......
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08.04.26 - 11:42
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Romania Retail Sales Fall 6.2% (AFX)
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BRUSSELS (dpa-AFX) - Romania's retail sales declined for the sixth straight month in February, figures from the National Institute of Statistics showed on Wednesday.Retail sales fell by a working-......
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08.04.26 - 06:06
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How China tax crackdown on undeclared overseas income is targeting retail investors (SCMP)
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When a friend received a text message from the mainland Chinese tax authorities asking her to ensure that all her declared income – including income from abroad – was accurate, Fan, a finance professional who asked that her full name not be used, was shocked.
Her friend was now coordinating with the authorities to settle the outstanding taxes on her overseas trading, she said, adding that “there is no alternative but to comply” with such texts and that the incident had left her on guard about......
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07.04.26 - 16:00
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SpaceX courts retail investors in push for biggest IPO in history (The Guardian)
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Elon Musk's aerospace to AI company will host summer event to try to convince buyers it is worth $2 trillionBusiness live – latest updatesSpaceX will kick off the marketing for its highly anticipated stock exchange debut by hosting an event in June for 1,500 retail investors, as executives set out to convince buyers that the aerospace-to-artificial-intelligence group should be valued at $2 trillion.In an unusual move, the company has earmarked a large portion of its shares – potentially up to 30% – for non-professional, non-institutional investors, banking on the popularity of its chief executive, Elon Musk, to help it raise $75bn (about £56bn) in what is expected to be the largest public offering in history. Continue reading......
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07.04.26 - 14:24
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Bulgaria Retail Sales Growth Rebounds In February (AFX)
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BRUSSELS (dpa-AFX) - Bulgaria's retail sales growth accelerated in February after easing notably in the previous month, preliminary figures from the National Statistical Institute showed on Tuesda......
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