International News

Amazon has introduced a smart shopping cart - Dash Cart - that makes a quick grocery trip even quicker by allowing you to skip the checkout line. The cart uses a combination of computer vision algorithms and sensor fusion to...

Face masks will be compulsory in England’s shops from July 24, 2020. Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news; “Shopping for non-essential items is already less appealing than...

Brooks Brothers, one of America’s oldest apparel company, announced that it has commenced Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware to facilitate a value-maximizing sale process. A transaction would ensure that the...

Uber introduced grocery delivery through its recently acquired subsidiary Cornershop. “In collaboration with our partner Cornershop, customers in select cities in Latin America and Canada can order groceries through both the Uber and Uber Eats apps. And starting later this...

Coty Inc. announced that Sue Y. Nabi has been appointed Chief Executive Officer, effective September 1, 2020. Peter Harf will be elevated to the role of Executive Chairman and will work closely with Nabi to lead Coty’s transformation. Nabi, a...

As China and other markets across the Asia-Pacific (APAC) region continue to grapple with the COVID-19 pandemic, there is a visible difference in how consumer spending has changed over the course of the first half (H1) of 2020 due...

The need to maintain social distance and stay at home due to the COVID-19 pandemic is increasingly forcing consumers across the Asia-Pacific (APAC) region to shift their shopping habits online. Therefore, contactless deliveries are ideal during lockdown measures, forcing...

Luxury has been one of the most affected industries in the retail sector due to the COVID-19 pandemic. The crisis led to the closure of several luxury stores across the Asia-Pacific (APAC) region, bringing their revenue stream to a...

Apple's Friday decision to close stores in four states with surging coronavirus cases highlights a question that other businesses may soon face: Stay open or prepare for more shutdowns? Apple, like many other major US retailers, shut down all...

E-commerce giant Amazon has launched its shopping site in Saudi Arabia, rebranding Souq.com as Amazon.sa. The launch which comes amid growing interest in online shopping amid the coronavirus crisis across the world also reflects that Amazon''s business interest in the...

Amazon has launched an artificial intelligence-based tracking system to enforce social distancing at its offices and warehouses to help reduce any risk of contracting the new coronavirus among its workers. One of the early solution developed at Amazon applies artificial...

Retailers are seeing a surge in grocery shopping as consumers stock up on food and other essentials because of the COVID-19 outbreak. A similar trend is observed on GlobalData’s Grocery Retail Influencer Platform, where grocery retail related conversations spiked...

Instacart, the North American leader in online grocery, announced it has raised US$ 225 million as part of a new financing round led by DST Global and General Catalyst, with existing investor D1 Capital Partners participating. The investment comes...

The Children’s Place, one of the largest pure-play children’s specialty apparel retailer in North America, announced financial results for the first quarter ended May 2, 2020. Jane Elfers, President and Chief Executive Officer, said, “Although we are facing a period...