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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...

Retail Industry will continue being over-stored and closures would be the mainstay of headlines for the coming 2 years – B. Riley FBR analyst predicted

Retail Industry will continue being over-stored and closures would be the mainstay of headlines for the coming 2 years – B. Riley FBR analyst predicted

The retail industry of the United States has had one of the worst years in 2019. There aren’t any positive signs of the tre...

The expected impact of 2020 on the retail industry

In order to get a view of the industry as another decade unfolds, we asked Mr. Doug Stephens' expertise who has two decades of executive experience, as well as, two books to guide us with his knowledge. He has declared himself and his business of consultancy as the Retail Prophet (with respec...

Abercrombie share prices increase after they outdid the estimates

Abercrombie & Fitch Company reportedly announced the financial results of the fourth quarter this Tuesday morning. The firm beat the estimates in terms of the earnings as well as the revenue. The stronger-than-predicted results led to the 17.7 percent upsurge in the prices of their shares very s...