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Indian retail sales plunged 67 per cent drop during the last two weeks of June compared to the same period last year, according to an RAI survey.
Walmart+ is the retailer’s latest bid to compete against online retail giant Amazon.
Japanese convenience store chain FamilyMart will be sold outright to local trading house Itochu, according to a new report in Nikkei.
Retail sales in Indonesia have seen the sharpest drop in 12 years, according to a Reuters report based on information from the nation’s central bank.
Vietnam retail and service revenues surged by 5.3 per cent in June over the same month last year – and by 6.2 per cent over May.
Kim Kardashian has sold a 20 per cent stake of her KKW Beauty brand to beauty giant Coty in a deal which values her label at US$1 billion.
The Hong Kong e-commerce market is expected to expand 40 per cent to a value of $25 billion by 2023 on the back of consumer adoption of bank transfers and digital wallets.
Data and analytics firm GlobalData is predicting an unprecedented push in e-commerce and contactless payments following the coronavirus pandemic.
Newly released McDonald’s sales figures have shown a marked global improvement for the business sequentially from late March through May despite Covid-19.
Retail sales in Indonesia have fallen by 16.9 per cent during the month of April compared to last year’s figures, according to government data.
South Korean conglomerate Hyundai’s credit-card subsidiary Hyundai Card is collaborating with Starbucks to launch a private-label credit card.