Target Corporation is setting ambitious growth plans for its third-party marketplace, Target Plus, aiming to boost its gross merchandise value from the current $1 billion to $5 billion within five years. This strategic expansion, detailed during the fourth-quarter earnings call, underscores
The Philippine retail sector is experiencing significant shifts driven by inflation, the growth of e-commerce, and changing consumer behaviors. With rising operational costs and the need to compete with digital platforms, retailers face numerous challenges in maintaining profitability and market
The launch event for the newly revamped Portugal Duty Free stores marked a significant milestone in transforming the travel retail experience within the country. Held on March 20 at the prestigious Pátio da Galé in Lisbon, the event brought together key partners, suppliers, and influencers under t
The South African food retail sector is poised for dynamic changes and potential growth as the nation experiences economic recovery. With the country's improving GDP growth, lower interest rates, and expected stimulus from the introduction of the two-pot retirement system, consumer spending is
In recent months, South Africa's used car market has demonstrated strong performance, maintaining consistent demand despite evolving trends and market conditions. According to AutoTrader data, February displayed promising year-on-year results, with 28,885 used cars sold. This marked a +0.8%
The demand for quick, reliable grocery deliveries has surged in recent years, prompting closer collaborations between service providers and retailers. On March 19, 2025, Uber Eats and Co-op announced a significant three-year extension of their partnership, which began in 2022. This collaboration
