Recent data released by the Commerce Department’s Census Bureau has shown that June 2024 saw a moderate increase in U.S. business inventories, which ticked up by 0.3% after a 0.5% rise in May. This increment aligns with economists' expectations and is predominantly attributed to a notable u
Spain is experiencing significant changes in its financial market landscape, driven by new regulations aimed at protecting retail investors. The recent decision by Darwinex to cease offering Contracts for Difference (CFDs) to new retail clients and residents is a pivotal move in response to these
The retail sector has been significantly transformed by Artificial Intelligence (AI), which is reshaping inventory management to enhance efficiency, predict customer behavior, and streamline processes. Retailers like Walmart and Amazon are leveraging AI's predictive and automated capabilities
The recent mass IT outage affecting Microsoft systems has caused significant disruptions across various sectors globally, particularly retail and transportation. The incident serves as a stark reminder of the heavy reliance on digital infrastructure and the vulnerabilities inherent in this
In a significant move reflecting shifts in the retail landscape, Accent Group has announced plans to reduce the number of physical stores for its fashion retailer, Glue Store, due to underperformance. The company will close 17 of its 35 brick-and-mortar locations, leaving it with 18 stores,
In an era where sustainability has transitioned from a nice-to-have to a must-have, the retail and consumer packaged goods (CPG) sectors are under immense pressure to adapt. The urgency is driven by regulatory mandates, consumer expectations, and the ethical imperative to reduce environmental
