Retail Industry
The Latest
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H&M Facing Major Backlash In China Over Forced Labor Statement On Xinjiang
H&M was removed from major Chinese e-commerce platforms. H&M was removed from major Chinese e-commerce platforms. -
A Shortage That Would Make Homer Simpson Frown: Costco Is Running Out Of Cheese And Bacon
Bacon and cheese imports are being bottlenecked because of a shipping container shortage. Bacon and cheese imports are being bottlenecked because of a shipping container shortage. -
Gap Considering China Business Sale, Reviewing Potential Europe Closures
The company has confirmed that it is considering shutting stores in France, UK, Italy and Ireland. The company has confirmed that it is considering shutting stores in France, UK, Italy and Ireland. -
Indian Court To Halt $3.3 Billion Retail Deal, A Big Win For Amazon
A New Delhi court ruled in favor of Amazon and ordered Reliance Industries and Future Group to maintain the status quo. A New Delhi court ruled in favor of Amazon and ordered Reliance Industries and Future Group to maintain the status quo. -
Macy's To Shut Down 45 U.S. Stores As Part Of Cost Cutting
The company is hoping to reach the "right mix" of stores to ensure its continued growth. The company is hoping to reach the "right mix" of stores to ensure its continued growth. -
Retail: Trends Shaping The Industry In 2021
Retailers have come up with new ways to make shopping safer and more convenient in 2021. Retailers have come up with new ways to make shopping safer and more convenient in 2021. -
Hong Kong, Singapore Travel Bubble A Glimmer Of Hope For Economies
Up to 200 travelers a day from each country will be allowed on special flights if they pass medicals. Up to 200 travelers a day from each country will be allowed on special flights if they pass medicals. -
Alibaba Pays $3.6 Billion To Double Its Stake In Mainland Market Chain Sun Art Retail
Alibaba bought a 70.9% stake in the Mulliez-controlled A-RT Retail Holdings, which owns 51% of Sun Art. Alibaba bought a 70.9% stake in the Mulliez-controlled A-RT Retail Holdings, which owns 51% of Sun Art. -
Miniso To Sell More ‘Good-Looking, Fine-Design Products At A Cheaper Price’ Worldwide
China's largest lifestyle goods retailer Miniso just raised $608 million in a New York initial public offering. China's largest lifestyle goods retailer Miniso just raised $608 million in a New York initial public offering. -
Amazon Says Best Prime Day Sales A Bonanza For Small Business
"We are thrilled that Prime Day was a record-breaking event worldwide with sales surpassing $3.5 billion – an increase of nearly 60% from last year." "We are thrilled that Prime Day was a record-breaking event worldwide with sales surpassing $3.5 billion – an increase of nearly 60% from last year."