Temu, a rapidly expanding global e-commerce platform, has encountered significant regulatory challenges in Vietnam amidst a robust e-commerce boom in Southeast Asia. The Vietnamese Ministry of Industry and Trade's suspension of Temu’s operations due to non-compliance with business registration
Under Armour recently held its first investor day in six years, setting the stage for an ambitious comeback following a tumultuous period for the sportswear brand. This event was significant as it offered a detailed glimpse into the company's blueprint for growth and recovery after a
PayPal, a leading name in the digital payments industry, has recently announced a significant increase in fees for U.S. merchants using its various digital payment services. This decision, effective from January 13, has sparked discussions among merchants and industry experts alike. The fee
In a move aimed at bolstering efficiency and reducing operational costs, Dollar General has embarked on a substantial shift in its supply chain strategy by deciding to close its temporary warehouses and place greater reliance on its self-owned distribution centers. The discount retailer exited four
Amazon has taken a significant step to enhance accessibility and affordability for low-income customers by expanding its payment options to include Cash EBT benefits in 17 states and Washington, D.C. This move allows eligible customers to purchase a broader range of products beyond food, such as
Retailers are increasingly grappling with a significant and costly trend: the rising rate of merchandise returns. According to the National Retail Federation (NRF), shoppers are forecasted to return $890 billion worth of merchandise in 2024, which would account for 16.9% of retailers' annual
Artificial Intelligence (AI) is becoming increasingly embedded within the retail industry, transforming everything from product recommendations to customer service automation. While these innovations hold promise, the Zoho survey reveals a complex landscape of consumer perceptions and technological
The rapidly evolving landscape of private label brands has seen significant milestones, with Walmart's Bettergoods and Target's Dealworthy spearheading the movement. Since their launches in early 2024, these brands have experienced remarkable growth, capturing the attention of
The virtual assistant (VA) market is experiencing unprecedented growth, driven by advancements in technology and the increasing need for cost-effective business solutions. Virtual assistants are transforming the way businesses operate, offering a range of services from administrative support to
Navigating the confluence of accounting irregularities and strategic restructuring, Macy’s Inc. finds itself in a challenging period marked by significant hurdles. The situation underlines the retailer’s ongoing efforts to stabilize its financial performance and make pivotal decisions to secure a ro
