Latest News Archives

Retail Sales Volumes in UK Drop 3.2% in December 2023

By Retail-insight-network.com / 02/02/2024

Retail sales volumes in the UK experienced a sharp decline of 3.2% in December 2023, marking the largest monthly fall since January 2021.

Retailers Embrace AIoT Technology

By Retail-insight-network.com / 02/02/2024

Retailers are facing intense competition, compelling them to seek innovative ways to stand out. Prioritising customer service, efficient operations, and personalisation is crucial in this landscape.

US Data Shows 3.8% Increase in 2023 Holiday Sales

By Retail-insight-network.com / 02/01/2024

Core retail sales in the US experienced a 3.8% increase to $964.4bn during the 2023 holiday season, according to US Census Bureau data.

AI Can Boost Small Business Efficiency by 40%, Says New Report

By Verdict.co.uk / 02/01/2024

AI can boost small businesses’ efficiency by 40%, according to a recent survey by The Small Business and Entrepreneurship Council (SBEC).

US E-commerce & Tech Daily Update (Feb 02): Amazon and SellersFi Unveil $10M Credit Lines, Musk’s Human-AI Simbiosis

By The Alibaba.com Team / 02/01/2024

Amazon partners with SellersFi for $10M credit lines, Temu’s massive US ad spend, TikTok’s live studios, and PayPal’s layoffs.

US E-commerce Daily Update (Feb 01): Amazon Innovates Social Shopping, UPS Announces Major Layoffs

By The Alibaba.com Team / 01/31/2024

Explore the latest moves in the US e-commerce sector, featuring Amazon’s social shopping features, UPS major layoffs, and other significant updates.

US E-commerce Weekly Update (Jan 22 – Jan 29): Amazon Explores Car Sales, TikTok Shop Adjusts Free Shipping Policy

By The Alibaba.com Team / 01/31/2024

This week’s e-commerce news covers SHEIN’s strategic market positioning, Amazon’s new logistics service, and the latest trends in cross-border e-commerce.

US E-commerce Weekly Update (Jan 16 – Jan 22): Wish Launches 2024 Major Promotion, Amazon Streamlines New Seller Onboarding

By The Alibaba.com Team / 01/24/2024

This week’s e-commerce news includes major developments from leading platforms like Wish, Amazon, FedEx, Shopify, Walmart, and TikTok, highlighting promotional campaigns, new platform launches, and innovative seller tools.

Steering Through the Red Sea Crisis: How E-Commerce and Industries are Adapting to Global Shipping Challenges

By The Alibaba.com Team / 01/19/2024

Discover the impact of the Red Sea crisis on global shipping and industries like e-commerce. Learn how businesses are adapting with alternative routes, diversified logistics, and advanced technologies for resilient supply chains. Stay informed with insights from Freightos Terminal and media outlets as industries navigate these challenging waters.

2024: Experts Predict Tough Start for UK Retail

By Retail-insight-network.com / 01/17/2024

Experts in retail from KPMG and RetailNext discussed their thoughts and predictions for the new year at the Retail Think Tank meeting.

UK Retail Sales See Modest Increase of 1.7% in December 2023

By Retail-insight-network.com / 01/17/2024

UK retail sales experienced a slowdown in growth during December 2023, with a modest increase of 1.7% compared to 6.9% in December 2022.

UK Furniture Resale Market Growth Will Surge by 40.8% Between 2022 and 2027, Forecasts GlobalData

By Global Data / 01/16/2024

Forecast indicates a 40.8% growth in the UK furniture resale market between 2022 and 2027, reaching £1,101 million, driven by increasing financial and environmental concerns among consumers, surpassing the overall furniture market growth rate of 7.9%. Younger demographics, particularly 24-34-year-olds, contribute significantly, constituting 10.7% of total purchased resale furniture. Explore the latest trends in the UK furniture resale market through GlobalData’s newest report.