Latest news and articles about retail sector from NEX English
The British Retail Consortium warns of a looming structural unemployment crisis threatening youth in the UK, attributing the reduction in job opportunities to recent financial policies. The sector has incurred additional labor costs estimated at <strong>£6.5 billion</strong> in the past fiscal year.
The Sharjah government has announced new plans to modernize shopping centers and support small and medium enterprises, aiming to stimulate local economic growth. This initiative seeks to attract investments and enhance the retail sector amidst global economic challenges.
Saudi Arabia's United Electronics Company (Extra) recorded a 10% increase in profits during the first quarter of 2026, reaching **94.7 million Saudi Riyals**. This growth is attributed to rising revenues and improved profit margins.
Infinitas Capital, managed by Swiss real estate heir <strong>Robin Lauber</strong>, has announced plans to launch a new investment company aiming for listing on <strong>Nasdaq Stockholm</strong>. This move comes as the company seeks to tap into liquidity in the retail sector.