Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation.
Walmart has partnered with subscription-based children's clothing start-up Kidbox to launch a curated kid's style box service on Walmart.com, marking the retail giant's first kid's apparel subscription service.
As athleticwear and beauty continue to be strong trends among Gen-Z consumers, Piper Jaffray has released its semi-annual “Taking Stock With Teens” report, revealing strong progress for Vans, Lululemon and Ulta Beauty.
From Nike Inc and Under Armour to Levi's, major brands are distributing clothing and accessories directly through Amazon.com, attracted by more than 100 million Prime members and its advanced delivery network.
Sainsbury's and Asda said they were willing to sell 125-150 stores to get their proposed merger past the regulator - a number well short of what the Competition and Markets Authority (CMA) has said it is looking for.
Sales at Sainsbury’s, Britain’s No. 2 supermarket group, have worsened, industry data showed on Tuesday, adding to its woes after a brutal provisional regulatory view on its proposed 7.3 billion pound takeover of Asda.