A glut of inventory sank profit at Target Corp. further than it expected, sparking investor concerns about the company’s response to an oversupply problem haunting retailers from Walmart Inc. to the parent of T.J. Maxx. Target’s operating margin declined to 1.2% in the quarter ended July 30, the company said in its quarterly earnings report … Read more
By partnering with the Reactive Reality platform, the brand will offer its customers an online customer experience of virtual fitting, thanks to an avatar. The online fitting room by Hugo Boss. Between gaming influence and personalized customer service, Hugo Boss intends to energize its brands by drawing inspiration from modern codes of luxury. The firm … Read more
Walmart is cutting hundreds of corporate roles in a restructuring effort, according to people familiar with the matter, a week after the retail giant warned of falling profits. The retailer began notifying employees in its Bentonville, Ark., headquarters and other corporate offices of the restructuring, which affects various departments including merchandising, global technology and real-estate … Read more
From July 25th to 30th, the 2nd China International Consumer Goods Expo (hereinafter referred to as “Consumer Expo”) co-hosted by the Ministry of Commerce and the Hainan Provincial People’s Government was held in Haikou. China Tourism Group and its subsidiary CDFG deeply participated in the Expo, carefully built a 1,100-square-meter corporate booth, and worked with … Read more
Central Retail Corporation Public Company Limited or CRC drives its business as the leader of Asian retailers to a global level. Going forward to penetrate the retail market and strengthening with the retail innovation of the future, guaranteed by 7 prestigious awards It covers all aspects of Omnichannel. and O2O shopping experience, where Central App … Read more
2022-07-07 10:44 source:Bright Net Original title: The retail sentiment index in July was 50.2, and the retail industry’s expectations for consumption recovery further strengthened CCTV news:On July 6, the China General Chamber of Commerce released the China Retail Sentiment Index. Data show that China’s retail sentiment index began to stabilize and rebound in July. The … Read more
U.S. stocks rose, retreating from morning highs, as investors sifted through data and comments about the jobs market and inflation. The S&P 500 climbed 0.4% in afternoon trading, while the Dow Jones Industrial Average rose 0.1%. The technology-focused Nasdaq Composite Index was 0.4% higher. The three indexes were higher in the morning, with the Nasdaq … Read more
Summary [Shanghai: Gradually promote the resumption of production and production in wholesale and retail, finance, transportation and logistics, real estate, construction and other industries]The Shanghai government issued the “Shanghai Action Plan for Accelerating Economic Recovery and Revitalization”. Support automobile, integrated circuit, biomedical and other manufacturing enterprises to lead the chain from point to point, realize … Read more