Tag: Retailers
YLE: The interests of electricity producers reject the estimate of the costs of the energy crisis
His calculation was based on two variables: the average market price in the second half of last year – more than 20 cents per kilowatt hour – and energy consumption during the same period. It does not include heavy industry, as they tend to use various mechanisms to protect themselves from fluctuations in electricity prices. […]
US dollar firms after strong retail sales
NEW YORK, Feb. 15 (Xinhua) — The U.S. dollar strengthened in late trade Wednesday after data showed U.S. retail sales rose in January. The dollar index, which measures the greenback against six major peers, rose 0.65 percent to 103.9080 in late trade. In late New York trading, the euro was down to US$1.0683 from US$1.0738 […]
The price of gasoline will not rise in Finland because of the truck drivers’ strike, traders say
The price of gasoline 95 E10 rose on Wednesday at many gas stations, but according to retailers, the increase was not due to the truck drivers’ strike.
Almost half of the Danish retailers expect to raise prices over the next three months – survey
Do you ever get the feeling that there are no bargains in the supermarkets in January because they went over-the-top in the build-up to Christmas? Discount butter to spread on duck, discount butter for a dollop of Risalamande, discount butter to mix with cinnamon for countless portions of porridge while watching the Christmas calendar – […]
Almost half of the Danish retailers expect to raise prices over the next three months – survey
Do you ever get the feeling that there are no bargains in the supermarkets in January because they went over-the-top in the build-up to Christmas? Discount butter to spread on duck, discount butter for a dollop of Risalamande, discount butter to mix with cinnamon for countless portions of porridge while watching the Christmas calendar – […]
US dollar edges higher amid economic statistics
NEW YORK, Jan. 18 (Xinhua) — The U.S. dollar rose modestly in late trade on Wednesday as market participants digested a flurry of economic data. The dollar index, which measures the greenback against six major peers, added 0.004 percent to 102.3810. In late New York trading, the euro was up at US$1.0795 from US$1.0794 in […]
Goods trigger racial controversy in the United States
From t-shirts to watermelon salads, corporate America’s response to the recent federal holiday has generated backlash With “Juneteenth” now a federal holiday, US retailers have taken the opportunity to buy products that mark black freedom. But activists say some of these products miss the mark, while others are racist. President Joe Biden officially recognized June […]
After the Covid test, VAT cuts retailers lower prices, but some pharmacies have not done so
Most Finnish pharmacies said they passed on the savings to customers after the removal of 24 per cent value added tax (VAT) on home Covid tests at the beginning of the year, according to an unofficial survey by members of the Finnish Pharmacy Association. AFP). The group said that by noon on Tuesday, about half […]
IKEA raises prices by almost 10%
Ongoing problems in the supply chain continue to disrupt the dealer’s operations The iconic Swedish furniture brand IKEA has announced plans to increase the prices of its historically budget-friendly goods by 9% as soon as next year, due to bottlenecks in the supply chain and rising material costs when the pandemic continues. The Swedish furniture […]
Gemstones finance the Taliban – Danish shops sell them
The blue gemstone lapis lazuli, which has become an important source of income for the Taliban movement in Afghanistan, is sold in Danish stores. It writes Information. The gemstone is primarily mined in Afghanistan. Information has mapped 39 Danish web retailers that sell lapis lazuli in Denmark. Eight dealers provide information on country of origin. […]
Dealers are relaxing with Covid instructions
Finnish retailers are easing restrictions to slow the spread of the Covid-19 virus. The Finnish Trade Union Confederation, the national retailer umbrella group and the Grocery Association announced on Thursday that the use of masks in shops is no longer needed in areas where the authorities have removed the recommendations for the use of masks […]
How to make money on your old car
The market for used cars is hot, and therefore it pays to have ice in your stomach if you as a private person want to sell. It is backed by Ilyas Dogru, who is a consumer economist at the car owners’ organization, FDM. For the supply is small and the demand is great. However, he […]
Violated potter demands millions in case of copies
– It will be a double-digit million amount, the lawyer says about the size of the claim. He adds that at present it is not possible to be more precise. The question of the amount of compensation must be decided by the Maritime and Commercial Court. – We must first have the counterparty to document […]
Posti predicts record parcel period for the rest of the year: Saturday deliveries will start in more than 100 delivery areas
“E-commerce continues to grow and changes in consumer behavior seem to be lasting. We are preparing for a record end of the year, which will surpass even last year’s figures by starting Saturday’s deliveries on time, ”says Tommi Kässi, Director, Parcel and E-Commerce, Post Office. “Many of us want to shop on Saturdays, and being […]
Soon you will need to buy your car online
According to Dansk Industri’s industry organization Bilbranchen, parts of the purchase process for new cars have increasingly been digitized over the past 5-10 years. – The journey from a customer considering a new car until they actually print a purchase or sign the end note, increasingly takes place in an interaction between the web and […]
Swedish retailers expect strong trade during the autumn
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Retailers report that demand for Covid home tests is high
Finnish stores say they are selling more and more rapid Covid tests as the epidemic situation worsens. Finland’s daily number of cases exceeded 1,000 on Wednesday, and testing and contact information services have been strained. According to the S Group’s supermarket chain, it has sold about 20,000 tests last week. German discount sales Lidl told […]
Police are investigating the black trade in bicycles
The Police of Southwest Finland is investigating 10 cases in which a private operator has bought and sold bicycles online without notifying the company to the tax authorities. In some cases, the sale has taken place over the years. The largest case concerns the resale of up to 10,000 bicycles. Undeclared business was detected during […]
The government will stop large packs of cigarettes
According to DR, the tobacco manufacturer Japan Tobacco International (JTI) has since January sold packs of the brands Winston Red and Blue 100 with 28 cigarettes, where there has been a quantity discount compared to a normal pack. – We have seen several examples of tobacco producers and retailers having counteracted the intention with the […]
China boycotts H&M, other brands, after criticism of working methods
BEIJING, China: Retailer H&M got stuck in the crosshairs of Chinese regulators who insisted they correct a map on the clothing retailer’s website, according to media reports on April 2. H&M recently drew criticism from the Chinese government over its 2020 statement regarding alleged human rights violations in Xinjiang province. The Shanghai city government later […]
Stockmann can offer to all employees and close stores
The department store chain Stockmann has announced that co-operation negotiations have begun, the stores of which could be closed and all employees of retailers in Finland would be laid off for 90 days. Negotiations will begin in April and would affect 1,200 people working in Stockmann’s stores and support functions in Finland. According to the […]
Still dark for the shoe trade
The shoe trade decreased 27% in February, compared with the same period last year, according to figures from Swedish Trade. Christer Jarméus, CEO of the family business Jarméus shoes, calls for reintroduced rental support. Rising rents and increased e-commerce are further problems for shoe retailers.
Snatchers can be ported with a new team: “Good team for all of us who have a shop”
From the first of March, a new law applies which gives retailers a greater opportunity to port snatchers from the store and people who harass the staff. If and when this access ban is to be issued, it is a prosecutor who decides. In the segment, store owner Alber Toma talks about shoplifting that he […]
Huge increase in home deliveries benefits rural retailers
The number of people in rural areas who have had food brought home has tripled in Umeå municipality since the pandemic started. Home deliveries from the country store in Tavelsjö have increased tenfold. For owner Kent Wikberg, there were over a thousand trips last year. “It’s tough to catch up. I usually hire my father […]
Alcohol sales in bars and restaurants fell 40 percent last year
Alcohol sales in licensed premises decreased by 40 percent last year compared to 2019, says a report published by the Welfare and Health Supervision Authority Valvira. The report showed that sales fell, especially in April and May, as many bars and restaurants across the country closed their doors with a government decree to combat the […]
Pandemic sparks are on the rise in home appliance sales
Telework during the pandemic has led to a 7-10 percent increase in sales of electronics and home appliances in 2019 Electronics Wholesalers (ETK), a lobby group representing equipment manufacturers and wholesalers. According to the group, sales of household appliances in 2020 could reach 2.5 billion euros. "Last year’s Black Friday and Singles Day campaigns were […]
E-merchants are stopped by new UK VAT
Some e-commerce companies are stopping their deliveries to the UK due to the new UK tax rules, after Brexit. For the Finnish e-commerce company Scandinavian Outdoor, it is a matter of ambiguity about how VAT is to be calculated on different goods. Since the withdrawal on the first of January, it has also become more […]
HS: The crowd near the malls has grown in the metropolitan area in December
Mobile data collected by the operator on December 5, 12, and 19 show that crowds near the malls have grown week after week in December. However, the malls have announced that their number of visitors is expected to be less than the number of visitors in December 2019. “The coronavirus situation clearly affects the number […]
Svensk Handel encourages online shopping on time
46 percent of consumers plan to buy the majority of their Christmas presents online, shows a study from Swedish Trade. However, some e-retailers do not guarantee delivery before Christmas if the order is not made by December 15, according to a compilation from the price comparison site Pricerunner. “It is extra important that you as […]
Sales of face masks are skyrocketing, but retailers say the supply is adequate
As the coronavirus situation in Finland has deteriorated, sales of face masks have clearly increased, according to retailers. Sales have increased as government-ordered restrictions have tightened in recent weeks, with retailers saying demand for personal protective equipment fell during the summer when infection rates were significantly lower. According to the S Group’s product manager Janne […]
The government’s message about Christmas shopping hits hard against retailers
The message is clear from the government and the Public Health Agency today. Everyone must take their responsibility and avoid the Christmas crowds in the shops this year. At the same time, many of the pats are predicted to be traded online, which hits smaller store owners particularly hard. The pandemic has hit Fouad Alsati’s […]
OVERVIEW: These corona restrictions now apply
* Professional athletes are still exempt from the assembly ban. Maximum 500 spectators at the stadium. * Fitness centers must remain open as long as members comply with the distance requirements. * The sale of alcohol in retailers and kiosks after 10 pm will be banned. * Requirements for the use of masks or visors […]
Authorities impose a ban on the sale of alcohol after 22
This means that it will be forbidden for kiosks and retailers to sell alcohol after 10 pm. The requirement is introduced after corona infection in Denmark has been increasing recently. 859 cases of coronavirus infection have been confirmed in the last 24 hours on Friday This is the highest number registered in Denmark during the […]
New chemical tax: Clothes become more expensive
The government is now moving forward with the proposal to introduce a chemical tax on clothing and footwear. The tax aims to reduce the presence of toxic chemicals and reduce consumption in general. But the criticism has not been long in coming. For the Swedish company Hestra-Handsken, the tax, as it is now formulated in […]
