#retail-sector

#retail-sector

Retailers can look forward to this year's Women's Euros tournament with excitement. The summer weather and prime-time matches, combined with England heading into the tournament as joint favourites will encourage consumers to get involved and part with their cash.

Target's first-ever donation to a presidential inauguration was $1 million to Trump’s 2025 committee, signaling a significant shift in corporate political contributions.

"Today's consultation represents a failure of vision by the PSR. Their proposed remedies fall well short of the robust measures needed to tackle the harms that have arisen from the dominance of the card scheme operators."

Macy's is currently dealing with the consequences of an internal investigation involving an employee who reportedly concealed $132 million to $154 million in expenses over multiple years. This fraud was executed by manipulating small-package delivery expense accounting, which allowed discrepancies to go unnoticed. The situation led to a significant delay in the company’s third-quarter and year-end projections, now set to be announced on December 11, 2024, while also impacting stock performance with shares down 3.5%.

After a six-year legal struggle, the Employment Tribunal ruled that the company had failed to justify paying its predominantly female sales consultants lower hourly wages than their male-dominated warehouse counterparts.