A trade war between the world’s top two economies cut U.S. imports of Chinese goods by more than a quarter, or $35 billion, in the first half of this year and drove up prices for U.S. consumers, a study has showed.
The need to match rivals' prices is continuing to impact John Lewis with the company still being forced into discounts. And it doesn't play along, its sales are going into reverse as could be seen in its latest week.
Primark continues to expand and is preparing to enter Poland as new selling space helps drive its sales and profits ever higher. But like-for-like sales growth is hard to come by in current conditions.
Thailand’s top retailer Central Group said on Monday it plans to invest over 20 billion baht ($663.13 million) in Vienna, Osaka and Turin, developing "high-quality flagship projects" in major tourist cities.