Retail news on June 17, 2026

1. 0111:42 UTC

   Google exec says AI use in UK hits tipping point as companies scale up

   3 outlets · first: economictimes.indiatimes.com E-commerce

   Reported by economictimes.indiatimes.com, Bbc and Kuwait Times.

   • Google

2. 0203:27 UTC

   Visa and Mintoak announce partnership for merchant SaaS in Asia Pacific

   2 outlets · first: manilatimes.net Payments

   Machine summary Manilatimes.net reported that Visa and Mintoak announced a partnership to provide acquirers across Asia Pacific with merchant Software-as-a-Service capabilities, combining Mintoak’s cloud-native, API-led platform with Visa’s payments network, data and advisory services. The report said the collaboration is designed to speed market entry, improve merchant activation and add revenue through scalable value-added services, including data-driven insights. It also said the effort supports Visa’s aim to expand card and digital acceptance among smaller businesses in the region.

   1. Visa announced a partnership with Mintoak, a merchant Software-as-a-Service fintech platform, according to the announcement.

   Reported by manilatimes.net, singaporestar.com (Big News Network) and bruneinews.net (Big News Network).

   • Visa
   • Mintoak

3. 0322:54 UTC

   Scotch whisky tariff halved as India-UK trade deal takes effect July 15

   2 outlets · first: deccanherald.com Consumer trends

   Machine summary The India-UK CETA takes effect on July 15 and includes tariff cuts on Scotch whisky, textiles, and leather products. The Scotch whisky tariff is halved to 75%.

   1. UK grants immediate zero-duty access to 99% of Indian product lines; India eliminates tariffs on 90% of UK goods.
   2. Tariffs eliminated include up to 70% on processed food, 21.5% on marine, 18% on engineering & auto components, 16% on leather/footwear, 12% on textiles, and 8% on chemicals/pharma.
   3. The Double Contribution Convention stops dual social security payments for temporary workers, covering over 75,000 Indian professionals and more than 900 companies.
   4. The agreement was announced during PM Modi and PM Starmer’s meeting at the G7 summit in Evian-les-Bains, France, and takes effect nearly 11 months after signing.

   Reported by deccanherald.com and economictimes.indiatimes.com.

4. 0418:00 UTC

   US retail sales rose 0.9% in May, reports say

   2 outlets · first: 13wham.com Consumer trends

   Machine summary US retail sales climbed 0.9% in May, improving from a 0.4% increase in April, according to source reports. Gas station sales jumped 3.4% and spending excluding gas stations rose 0.7%, the reports said.

   1. According to the reports, retail sales rose 0.9% in May, surpassing expectations and up from an April gain of 0.4%.
   2. Gas station sales jumped 3.4% in May after surging 2.4% in April, the reports said.
   3. Excluding gas stations, spending increased 0.7%, according to the reports.
   4. The reports said that both department stores and electronics and appliance stores experienced minor decreases.
   5. Heather Long, chief economist for Navy Federal Union, said Americans are reordering spending priorities in order to absorb higher gas costs.

   Reported by 13wham.com and fox56.com.

   • Gas Station Sales

5. 0523:30 UTC

   Retail and software shares fall after Fed holds rates, dot plot shifts

   1 outlet · first: markets.financialcontent.com Market trends

   Machine summary Key facts from the reports:

   1. OneWater shares were reported at $10.78, 38.3% below a 52-week high of $17.46 from August 2025.
   2. Salesforce shares were reported at $156.27, 42.9% below a 52-week high of $273.65 from July 2025.

   Reported by markets.financialcontent.com.

   • Salesforce

Each summary and its key facts are a machine summary of the reports linked under it; the outlets, times and counts come from those reports' own records. How a rundown is built.