British shoppers cut back on spending in late 2019, rounding off the worst year since the mid-1990s for retail sales, said the BRC, which blamed uncertainty about Brexit and last month's election for the slump.
Next may have seen full-price sales falling in its physical shops in recent months, but its online strength carried it through and its sales are ahead for the year to date, for Q4 and for the Christmas period.
United Parcel Service Inc on Thursday expects to ship 1.9 million gifts and other items back to U.S. retailers as e-commerce fuels an anticipated 26% year-over-year volume surge on “National Returns Day."
U.S. retailers including Walmart Inc will add "Do Not Sell My Info" links to their websites and signage in stores starting Jan. 1, allowing Californians to understand what personal and other data the retailers collect.
Thailand's largest retailer, Central Retail Corporation, plans to raise up to 81.1 billion baht (2.08 billion pounds) in an IPO, the company said in a filing on Thursday, in what would be the country's largest IPO.