US Consumer Spending Up 8.2% in May
American consumers increased their spending by a record 8.2 percent, according to a report from Associated Press. A Commerce Department report released on June 26...
American consumers increased their spending by a record 8.2 percent, according to a report from Associated Press. A Commerce Department report released on June 26...
Pepco Group, which owns Pepco and Dealz in the EU and Poundland in the UK, reported that revenue for H1 ended March 31 rose 9.7%,...
Victoria's Secret (USA) shut its Causeway Bay, Hong Kong store last week, with little notice that it planned to close.The retailer had be struggling even...
With all eyes focused on the trade conflict between the U.S. and China, brewing tensions between the U.S. and the EU are getting less attention...
Airmee (Sweden), an AI-based “last mile” delivery platform, has raised €4.75 million from Swedish VC J12 Ventures. Due to the increase in home deliveries during...
E-commerce platform, Zalando (Germany), added its tenth store in Germany, a 1,600 sq. meter outlet in Ulm. The store will have two floors of designer...
With its physical stores shuttered during the pandemic, H&M's stores in Israel were facing tremendous amounts of unsold apparel. The company decided to open an...
HEMA (Netherlands), a lifestyle department store, announced the opening of a flagship store at City Centre Deira in Dubai.The 561.2 meter square store is operated...
Brazil's retail sales fell 16.8% in April, the largest drop in 20 years, according to the Brazilian Institute of Geography and Statistics. May sales are...
UK consumers proved that they are ready and willing to shop again.Stores reopened on June 15 after being closed for about 83 days. Although retailers...