British retail sales fell last month on easing lockdown curbs, as people dined at restaurants instead of buying food at supermarkets, data showed on Friday.
Oil prices reached their highest in more than two years on Tuesday, buoyed by expectations demand will recover rapidly in the second half of 2021.
Expo 2020 Dubai is playing a big role in the growth of the UAE retail sector as the numbers of the global visitors are increasing every passing day after its official opening on October 1, 2021.
India’s top court on Friday handed Amazon.com a major victory in a dispute where it sought to block its partner Future Group from selling $3.4 billion in assets to rival Reliance Industries.
Lower food prices sequentially eased India’s retail inflation in April as the Consumer Price Index (CPI) decreased to 4.29 per cent from 5.52 per cent in March. According to the data furnished by the National Statistical Office (NSO), the CPI Urban rose by 4.77 per cent
Output at US factories increased in April as operations at plants that were damaged by February’s stormy weather in the South came back online, offsetting a decline in the production of motor vehicles.
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.
Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has announced that it will be the Official Hotel Partner for the UK Pavilion at Expo 2020 Dubai.
The various e-commerce and virtual retail stores that cater to different product segments, will eventually merge into larger connected virtual hypermarkets or digital marketplace eco-systems, said experts at a virtual retail conference.