CBI Survey Shows UK Retail Sales Decline Easing in February 2024
UK retail sales have fallen in February 2024 but the pace of decline eased, according to the Confederation of British Industry (CBI).
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Breaking news on cross-border trade from Alibaba.com.
E-commerce & AI News Flash Collection (Feb 29): Thrasio’s Bankruptcy Filing and Otto Group’s Sales Decline
Explore recent e-commerce and AI trends, including Thrasio’s bankruptcy protection, Otto Group’s revenue decline, and OpenAI & Google’s models.
E-commerce & AI News Flash Collection (Feb 28): Amazon Tackles Counterfeits, Coupang Reports Profit Surge
Explore the latest in e-commerce and AI, including Amazon’s fight against counterfeits, Coupang’s profit surge, and trends in online shopping among Spain’s elderly.
E-commerce & AI News Flash Collection (Feb 27): Champion’s Strategic Sale, PawCo’s Innovative Leap
Explore the latest in e-commerce and AI with Champion’s potential sale, PawCo’s groundbreaking funding, and updates from Amazon, Wish, and others in the industry.
E-commerce & AI News Flash Collection (Feb 26): Advances in Humanoid Robotics and Shein’s Live Shopping Expansion
Dive into the latest in E-commerce and AI with significant funding in humanoid robotics, Shein’s innovative live shopping, FedEx’s strategic investment, and more from global tech giants.
E-commerce & AI News Flash Collection (Feb 25): Amazon Enhances Seller Tools, CPSC Recalls Amazon-Exclusive Products
Dive into the latest updates in e-commerce and AI, featuring Amazon’s new seller metrics, product recalls, and the rise of digital retail giants.
E-commerce & AI News Flash Collection (Feb 23): Amazon Innovates in India, eBay Retreats from NFT Market
Explore the latest developments in e-commerce and AI, featuring Amazon’s strategic moves in India, eBay’s scaling back in the NFT sector, and groundbreaking trends in global e-commerce.
Frictionless Commerce Will Remain Minor Part of Retail Despite New Tech
Cashier-free stores are unlikely to break 1% of the global in-store retail market due to low demand, a new report suggests.
E-commerce & AI News Flash Collection (Feb 22): eBay Adjusts Jewelry Fees, Temu’s Rapid Expansion in South Korea
This collection of e-commerce and AI news briefs covers significant developments from eBay, Temu, Walmart, Amazon, and emerging trends in VR technology and global shipping challenges.
E-commerce & AI News Flash Collection (Feb 21): Amazon UK Implements EPR Service, Temu’s Rapid Ascent in Israel
The latest updates in the e-commerce world, featuring Amazon’s new environmental policy in the UK, Temu’s explosive growth in Israel and so on.
US Retail Sales Grew 2.34% YoY in January 2024
Total retail sales in the US experienced a robust start to 2024, with a 2.34% unadjusted year-over-year (YoY) growth in January 2024.
E-commerce & AI News Flash Collection (Feb 20): eBay Expands Authentication, TikTok Shop’s Global Surge
The latest updates in e-commerce and AI, featuring eBay’s authentication expansion, TikTok Shop’s aggressive global growth and OpenAI’s valuation leap.
TikTok Re-Enters Indonesian E-Commerce Market With $1.5bn Tokopedia Deal
TikTok has completed a deal to take over Indonesia’s largest e-commerce platform, marking a return of its e-commerce platform in the country.
Limited Delivery Networks Spell Limited Sales for Retailers
A new survey of more than 350 retail managers and executives provides critical insights for omnichannel fulfilment and delivery strategies.
US Retail Industry Readies Itself for Legislative Challenges in 2024
As the second session of the US 118th Congress commences, the country’s retail community is gearing up to address key legislative priorities in 2024, including tackling organised retail crime, lowering credit card swipe fees, preserving pro-growth tax rates, and addressing supply chain disruptions.