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Alibaba Shares Up Following Historic Antitrust Fine of $2.75B

Retail TouchPoints

billion ) for monopolistic practices, after finding that the site had been “abusing market dominance” for several years by preventing its sellers from using other competitive platforms. The penalty amount was determined by applying a 4% rate to Alibaba’s 2019 domestic revenues.

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145-year-old Bissell Brand Leverages Livestreaming, 11.11 and KOLs to Clean up in China

Retail TouchPoints

The floor care category in China 10 years ago was tiny, but through local investments and a growing middle class it’s now become the second-largest floor care category in the world behind the U.S.,” brands can enter the Chinese market and take part in the world’s largest shopping event, 11.11. accounts for another 10%.

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Coffee and home delivery: How food-service spending is changing in Apac

Inside Retail

In transaction volumes, the market experienced 10 per cent growth in 2023, outpacing the rate of new outlets opening, which remained at 3 per cent growth. By 2028, delivery is expected to account for 23 per cent of Asia Pacific food-service sales, compared to 21 per cent in 2023. trillion in 2023.

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Opinion: Welcome to Walmart, where boring is beautiful

Inside Retail

It stays out of trouble by not taking sides on issues that don’t concern its business directly, and by not falling for trendy marketing ideas that will alienate its core customer base. Walmart believes it achieved market share gains among higher-income brackets, suggesting that more affluent households have been trading down.

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What retail investors should expect in 2023

Retail Focus

Retail Conditions Inflation in the UK currently sits around 10%, the highest rate in 40 years. When analysing market conditions, however, other factors need to be taken into consideration, including the geo-political climate and weather conditions. Market research shows retail food sales are expected to grow by around 5% in 2023.

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Can Nike stay on top of China’s activewear boom?

Inside Retail

The Shanghai Marathon, run in late November with more than 30,000 starters, has become one of the world’s elite running events, so sponsoring it and having your brand worn by the top participants is a pretty nice marketing coup. And right now, the digital marketplace, in particular, is at the highest of promotional activity.”

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A Consumer Brands’ Guide to Understanding and Navigating Amazon’s Private Label Business

Retail TouchPoints

Amazon’s aggressive launches and marketing in categories such as batteries, baby food and bedding can create stiff competition for the leading brands in those spaces. Amazon controls the inventory, marketing and promotional strategy. This program has contributed most significantly to Amazon’s private label brand and SKU counts.

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