Retail Trade

Ikea Profits Fall 32% Amid Price Cuts and US Tariffs

Ikea’s annual profit dropped 32% to €1.5 billion as price reductions and US tariffs increased operating costs.

6 months ago

GIANT Marks 81st Anniversary with Partners Awards & Future Growth Vision

In celebration of its 81st anniversary, GIANT honoured its suppliers and partners at the Business Partners Awards Dinner, reaffirming a…

6 months ago

Eurozone Retail Growth Slows as Consumers Stay Cautious — MBSB Research

MBSB Research says Eurozone retail sales slowed in August, reflecting uneven recovery and persistent caution among households despite mild confidence…

7 months ago

Retail Summit Asia Equips 600+ Retailers for UCX, 44% Ready to Act

Experts at the Retail Summit Asia explored a full-ecosystem of solutions; from payments and logistics to cloud systems

7 months ago

Malaysia’s Retail Spending Accelerates in July, Signals Resilient Domestic Economy

Malaysia’s distributive trade rose 5.0% yoy in July 2025, driven by consumer demand in retail, wholesale, and automotive sectors.

8 months ago

SARA RM100 One-Off Aid Seen as Catalyst for Retail Growth and Digitalisation

The RM100 SARA aid stimulates domestic spending, benefiting retailers and promoting digitalisation, while enhancing Malaysia's economic resilience and sustainability.

8 months ago

Morgan’s Retail Debuts World’s First Fully AI-Run Store – Just Scan, Tap and Go!

Morgan’s Retail is launching an AI-powered, fully automated store, transforming shopping with zero inventory and a sustainable approach for a…

9 months ago

US Retail Sales Rise in July, But Weak Job Market Threatens Spending Outlook

U.S. retail sales increased 0.5% in July, influenced by strong vehicle demand. However, consumer sentiment declined due to inflation concerns…

9 months ago

Australia Will Buy So Much US Beef Says Trump

Australia relaxes US beef import restrictions; Trump hails move as proof of America’s “safest and best” beef, warns other nations.

9 months ago

Retail Sales Show Modest Gains in May Despite Broader Trade Slowdown

MIDF projects retail sales growth to reach +4.6% in 2025, slightly down from +5.4% in 2024.

10 months ago

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