Sunday, May 27, 2012 5:18 PM EDT
Retailing consists of the sale of goods or merchandise from a very fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser.Retailing may include subordinated services, such as delivery. Purchasers may be individuals or businesses.
In commerce, a "retailer" buys goods or products in large quantities from manufacturers or importers, either directly or through a wholesaler, and then sells smaller quantities to the end-user. Retail establishments are often called shops or stores. Retailers are at the end of the supply chain. Read More
By Reuters UK
Greek savers may be gripped by a "great fear that could develop into panic" in the words of President Karolos Papoulias, but many Greeks shifted their money to safer havens in Britain, Switzerland, Germany and Nordic countries long ago. (May 25)
MORE TOPICS: GOLD, BARCLAYS, BNP PARIBAS, DEUTSCHE BANK, HSBC, GERMANY
By Reuters
Moody's Investor Service downgraded credit ratings of three large Nordic banks on Friday, citing their reliance on market funding, tough competition for retail loans, and their exposure to the spreading euro zone debt crisis. (May 25)
MORE TOPICS: BNP PARIBAS, JAPAN, AUSTRALIA, MORTGAGE, COMMERCIAL REAL ESTATE
By IBTimes UK
John Lewis online performed particularly well as the department store seen another consecutive week of double-digit sales growth. (May 25)
MORE TOPICS: RETAIL SALES, GDP, BANK OF ENGLAND
By Reuters UK
The equities edged up on Friday, with bottom-fishing buyers putting the market on track for its best week in a month, but traders said ongoing concerns about Greece and the euro zone left the door open for a retest of 2012 lows. (May 25)
By iFOREX
EUR/USD Buy at 1.2519 SL 1.2487 TP 1.2596 USD/JPY Sell at 79.81 SL 80.13 TP 79.09 GBP/USD Buy at 1.5647 SL 1.5615 TP 1.5735 USD/CHF Sell at 0.9605 SL 0.9637 TP 0.9521 today so far +41, total yesterday +163 pips. (May 25)
MORE TOPICS: GERMANY, RETAIL SALES
By Reuters
Moody's cut ratings for DNB <DNB.OL>, Handelsbanken <SHBa.ST> and Nordea <NDA.ST> on Friday in an expected move, pointing to vulnerability in terms of the Nordic banks funding and asset quality, as well as modest profitability. (May 25)
MORE TOPICS: MORTGAGE, COMMERCIAL REAL ESTATE
By iFOREX
On Thursday Euro/Dollar traded within 115 pip range. The European currency appreciated from 1.2514 to 1.2620 yesterday, not matching the negative money flow sentiment at around -14%, closing the day at 1.2530. (May 25)
MORE TOPICS: GERMANY, RETAIL SALES
By Ozforex
Whilst troubles in Europe continued to escalate overnight the Australian dollar has decided enough is enough for now and has remained in range-bound consolidation mode. I (May 24)
MORE TOPICS: UNEMPLOYMENT, GERMANY, MANUFACTURING, RETAIL SALES, JAPAN, QUANTITATIVE EASING
By LiveTradingNews
South Korean shares rose Thursday as local institutions snapped up stocks on views that local stocks were undervalued that offset lingering concerns over the possible exit of Greece from the EuroZone. (May 24)
MORE TOPICS: SAMSUNG, EUROPEAN UNION, SOUTH KOREA, INVESTMENT
By Reuters UK
Britain may need to call time on free bank accounts as poor transparency on fees could be fuelling the mis-selling of financial products, a top banking regulator said on Thursday. (May 24)
MORE TOPICS: BARCLAYS, HSBC, ROYAL BANK OF SCOTLAND, BANK OF ENGLAND
