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

Inside Retail

Apac’s food-service spending surpassed pre-Covid levels in 2024, as revenues grew 12 per cent to more than US$1.2 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. trillion in 2023.

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Sainsbury’s growth spurt continues as grocery inflation falls at slower rate

Retail Gazette

Sainsbury’s scooped up even more market share as sales soared, the latest Kantar figures show. in the 12 weeks to 21 January, accounting for 15.7% of the total market, up 0.3% The market research company also found grocery sales were up 2.9% The supermarket’s revenues surged 8.1% on last year.

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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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Salesforce’s Top 5 Predictions for Holiday 2022

Retail TouchPoints

and shoppers placed 12% fewer orders worldwide compared to the same period in 2021. While we predict that ASP will increase monthly between 8% and 12% for the remainder of 2022, there is a silver lining for holiday shoppers: the return of discounting. We also can’t ignore inflationary pressures. Loyalty Shifts to Value.

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How beauty brands are powering growth on Tiktok

Inside Retail

More than halfway through 2021, TikTok is no longer the exclusive domain of trendy teens: it’s a powerful influencer marketing tool that more and more brands are using to drive conversation and connect with consumers. In this article, we’ll explore the influencer marketing strategies that three of TikTok’s top beauty brands — e.l.f.,

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Why Cool Canada Looks Smokin’ Hot Right Now: A Market Overview

Rangeme

For certain in-demand products, yes, expansion to Canada can drive sales – even in today’s volatile market. export market, accounting for 17.9% ($310 billion U.S.) Market overview. Market size. 12 Inflation has Canadians rethinking what they purchase, including food. Could a path to U.S. of all U.S.