Marks & Spencer (M&S) will cut a further 7,000 jobs, it said on Tuesday, as the COVID-19 crisis deals another blow to Britain’s beleaguered retail sector.
Two of the richest men in the world, Jeff Bezos of Amazon.com and Mukesh Ambani of Reliance Industries Limited (RIL) have locked horns for dominance in India’s near trillion-dollar retail sector. Analysts say the outcome of the court battle
While we are stuck at home about to start our Christmas shopping, cyber week sales will entice many of us to scroll for the best sale prices. This year, Black Friday will, at the time of writing, not involve the familiar images of customers
US retail sales increased less than expected in July as consumers cut back on purchases and could slow further in the months ahead amid spiraling new COVID-19 infections and a reduction in unemployment benefit checks.
Brazil’s retail sales ended the first half of the year on a strong footing, official figures showed, surging back to pre-crisis levels as the easing of lockdown measures to combat the coronavirus pandemic continued across the country.
Shopper numbers across all UK retail destinations rose by 4.1 per cent last week as near 7 per cent jumps in London and the south east led a significant acceleration in activity, researcher Springboard said on Monday.
This is with reference to the report about Reliance buying the Future Group. Whilst this brick and mortar format acquisition will be a new and coveted feather for the Reliance Group,
The sales reduced by 3.8% in November, its biggest slip since April.
With industry disruption and innovation at the forefront, the Sharjah Research Technology and Innovation Park (SRTI Park) and PLM, a global design and technology company, has launched Retail R&D Experience Studio,
The dramatic rise in e-commerce amid movement restrictions induced by COVID 19 increased online retail sales’ share of total retail sales from 16 per cent to 19 per cent in 2020, according to estimates in an UNCTAD report released on Saturday.