As one report shows June footfall to stores continued to drop, another regular report shows actual spending in physical stores rose. Not only that, the rise beat e-commerce spending for the second consecutive month.
A key monthly UK retail report for June seems to show that British shoppers are still turning away from physical stores and that a slight recovery seen in June in year ago was just a flash in the pan.
Though the escalating tensions between the United States and several of its trading partners could hurt companies across a broad range of sectors, several industries are poised to withstand them or even thrive.
Fast Retailing announced an important expansion of an existing deal on Friday, a deal that has the potential to make it a big name in “on-demand mass manufacturing” as well as boosting its use of hi-tech textiles.
Many Procter & Gamble Co products sold in Canada will be affected by retaliatory tariffs on U.S.-made goods after Canadian authorities rejected a request for exemptions, a P&G spokesman said on Wednesday.
A Missouri jury on Thursday ordered Johnson & Johnson to pay a record $4.69 billion to 22 women who alleged the company’s talc-based products contain asbestos and caused them to develop ovarian cancer.