CHINA’S RETAIL SALES INCREASE BY 29.6 PERCENT IN Q1 2021

Highlights –

• China’s retail sales increase by 29.6 percent in Q1 2021.
• Retail sales in April alone surged 17.7 percent year on year.
• Consumption in urban areas in April stood at about 2.89 trillion yuan.
• Online retail...

UK’S STRUGGLING RETAIL SECTOR RE-OPENS AFTER THE FOUR-WEEKS LOCKDOWN

Highlights:

• The shops in the United Kingdom have been reopened for the first at least in one month
• The owners of the shops are now hoping for more shopper during the festive season in the country

The shops in the United Kingdom have ...

UK AND EU NEED TO FINALIZE TRADE DEAL TO SAVE THE BRITISH RETAIL INDUSTRY

Highlights –

• UK and EU need to finalize trade deal to save the British retail industry.
• Without tariff-free trade, consumers may face higher prices from next year.
• The sector has already announced thousands of job losses.
• F...