Bitcoin ETFs see record high trading volumes as retail investors jump on crypto rally – CNBC
Retail traders appear to be using a new tool in this massive rally in Bitcoin: exchange-traded funds. These funds, launched last month, have seen a surge in trading volume this week as Bitcoin continues to rally. For example, iShares Bitcoin Trust (IBIT) had already seen more than 61 million shares change hands by early Wednesday […]
FBI gets absolutely torched online over image of white women on report about retail theft rings
FBI social media post roundly mocked and ridiculed online after adding image of white woman to report on U.S. retail theft ring “High prices, unsafe products, and businesses being shut down. These are just some of the impacts that organized retail theft has on ordinary Americans,” the post reads. One of the women in the […]
Mayhem in Bay Area retail stores continues as suspect lights rolls of paper towels on fire at Target, causing $1M in damages
A Target in California’s Bay Area was temporarily closed after a suspected arsonist set fire to stocked rolls of paper towels over the weekend, in a state already plagued by retail crime. causing further confusion in the area. Around 3 p.m. Saturday, firefighters received multiple calls about a fire inside a Target store in Vallejo, […]
Retail sales fall 0.8% in January: ‘Spending splurge nears end’
Retail sales in January fell by the most in almost a year, raising concerns that shoppers are becoming increasingly overwhelmed by the weight of persistently high inflation and record credit card debt. It’s increasing. The Commerce Department’s Census Bureau reported Thursday that retail sales fell by a worse-than-expected 0.8% last month after the December figure […]
Retail Sales Fall As Inflation Pushes Americans To Spend More On Food, Less on Cars and Appliances
After the big Christmas shopping spree, Americans refrained from making big purchases, especially those that are usually financed with debt. Retail sales in January decreased by 0.8% from the previous month. Economists had expected a modest 0.1% decline. Despite the decline, sales increased 0.6% year over year. The harsh winter weather likely contributed to the […]
Retail sales tumble much more than expected in January
Former Assistant Secretary of the Treasury Monica Crowley talks about the strain inflation is having on the middle and lower classes on “The Bottom Line.” Americans put the brakes on spending in January after the crucial holiday season as they continue to face high interest rates and soaring prices for everyday goods. retail salesA measure […]
DeSantis wants tough new penalties for retail theft and porch piracy
Florida Governor Ron DeSantis has announced new legislation aimed at cracking down on retail theft, hoping to prevent the same crime wave seen in the liberal state from reaching the Sunshine State. In 2022, retailers across the country will lose $112 billion to retail theft, with spikes in major cities like New York, Los Angeles […]
Piece of Londonâs Jewish East End feared lost as Beigel Shop shuts | Retail industry
London’s most famous bagel shop, which insisted it was not closing, has closed after its Brick Lane premises were apparently requisitioned by its landlord. The Beigel Shop, an all-night eatery at 155 Brick Lane, known for its bright signage and known as the “Yellow Shop,” has attracted shoppers, clubbers and tourists for generations. It suddenly […]
‘Scent of a generation’: The Body Shop products consumers loved | Retail industry
THe was a body shopper who was decades ahead of his time as an environmental and human rights activist. anita roddick She required all products to be ethically sourced and not tested on animals to reduce plastic waste, and encouraged customers to take their bottles back to the store for refills. . Roddick’s vision and […]
Gavin Newsom recalls how he was blamed by Target clerk for Cali. retail theft
Gavin Newsom said Wednesday that he has witnessed shoplifters steal from targets without employee intervention. One of them accused the California governor of daring criminals to commit crimes in the state before they realized who he actually was. Recalling an awkward exchange at the beginning of a Zoom forum about mental health proposals he supports, […]