'Daigou' goes corporate as retailers seek new ways to reach Chinese shoppers

‘Daigou’ goes corporate as retailers seek new ways to reach Chinese shoppers By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Individuals stroll on a avenue at a procuring space in Beijing, China April 11, 2023. REUTERS/Tingshu Wang/File picture By Casey Corridor and Stella Qiu SHANGHAI/SYDNEY (Reuters) – The pandemic-era drop in abroad journey by Chinese language vacationers and college students has been a boon for Gen-Z targeted on-line procuring platform Dewu….

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Shift in Chinese retailers' strategy risks entrenching deflation

Shift in Chinese retailers’ strategy risks entrenching deflation By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Clients store garments at a stall inside a wholesale market in Beijing, China September 8, 2023. REUTERS/Tingshu Wang/File picture By Sophie Yu and Brenda Goh BEIJING (Reuters) – A shift in Chinese language retailers’ technique towards lower-priced items and companies to win cost-conscious customers dangers embedding the nation’s latest deflationary developments…

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Retailers step up their shipping wars to compete with ultra-cheap China outfits—and consumers are reaping the spoils

Retailers step up their shipping wars to compete with ultra-cheap China outfits—and consumers are reaping the spoils – Canada Boosts

Nicely, you would possibly discover solace in discovering a few of America’s biggest retailers are working to extend their transport speeds to please buyers anticipating sooner and sooner deliveries. Walmart, Target and Amazon are all-in on the transport wars, a transfer retail specialists say will assist them keep a aggressive edge in opposition to low-cost…

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Hong Kong luxury retailers adjusting to drop in high-spending Chinese tourists

Hong Kong luxury retailers adjusting to drop in high-spending Chinese tourists By Reuters – Canada Boosts

4/4 © Reuters. A girl walks inside Harvey Nichols, a London-headquartered multi-brand luxurious retailer, at Landmark, the upscale shopping center, in Hong Kong, China November 30, 2023. REUTERS/Tyrone Siu 2/4 By Farah Grasp HONG KONG (Reuters) – Hong Kong’s luxurious retailers are adapting to fewer rich Chinese language customers visiting the town and a shift…

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Why retailers believe natural language search and generative AI is the future of shopping

Why retailers believe natural language search and generative AI is the future of shopping – Canada Boosts

Retailers are locked within the closing dash to complete the all-important vacation season, however many are additionally eager about supercharge tomorrow’s gross sales by tapping into the ability of generative synthetic intelligence. Executives from WalMart, Microsoft, and digital shelf labeling firm Hanshow, explored the chances throughout a particular panel on the way forward for retail…

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Top retailers will stop selling water beads marketed toward children

Top retailers will stop selling water beads marketed toward children – Canada Boosts

Three of the nation’s main retailers have voluntarily agreed to cease promoting water beads marketed towards youngsters, as considerations develop concerning the security of the toy. Amazon, Walmart and Target have all eliminated the product in situations the place it’s marketed to youngsters from their bodily and digital cabinets. (Merchandise marketed in direction of adults…

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More retailers are letting shoppers keep returns—but want it kept secret

More retailers are letting shoppers keep returns—but want it kept secret – Canada Boosts

This vacation procuring season, you is perhaps shocked while you attempt to return an undesirable merchandise. As an alternative of an internet retailer confirming {that a} product might be returned free of charge—as many patrons now anticipate—it’d inform you to only preserve it as an alternative. The overall development amongst retailers like Amazon lately has…

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Shoppers click 'buy' as retailers slash prices ahead of Cyber Monday

Shoppers click ‘buy’ as retailers slash prices ahead of Cyber Monday By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Folks store on the Outlets on the Oculus and Westfield Outlets throughout Black Friday buying in New York Metropolis, U.S., November 24, 2023. REUTERS/Brendan McDermid/File Picture (Reuters) – Vacation buyers within the U.S. are in search of out the very best offers and strategically nabbing the deepest reductions forward of Cyber…

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Black Friday discounts won’t be enough to bring in shoppers, retailers fear

Black Friday discounts won’t be enough to bring in shoppers, retailers fear – Canada Boosts

Anticipate large reductions and different enticements to lure buyers to shops for Black Friday. However retailers fear these will not be sufficient. Shoppers are coming beneath stress as their financial savings dwindle and their bank card debt grows. And though they’ve gotten some aid from easing inflation, many items and providers like meat and hire…

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UK regulator may let shipping consortia exemption lapse

Australian retailers project robust dividends amid expansion plans By Investing.com – Canada Boosts

© Reuters. SYDNEY – As Australian retail firms gear up for progress, two small-cap gamers, Common Retailer Holdings Ltd and Step One Clothes Ltd, stand out with their bold enlargement and profitability methods. These companies are usually not simply aiming to extend their bodily and on-line presence however are additionally projecting important dividends which might…

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Retailers are reversing generous returns policies that cost them a staggering $817 billion last year–but consumers still expect easy returns as they plan their holiday shopping

Retailers are reversing generous returns policies that cost them a staggering $817 billion last year–but consumers still expect easy returns as they plan their holiday shopping – Canada Boosts

Returns are the logistics problem no retailer desires to take care of. Just lately, many corporations reminiscent of Zara, H&M, and even Amazon modified their return insurance policies to be far much less lenient by charging for returns or shortening return home windows. What’s worse, many sellers of bigger items, like furnishings, are nixing the…

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Stock Market Today: Dow ends higher as Target rally pushes retailers higher

Dow ends higher as Target rally pushes retailers higher By Investing.com – Canada Boosts

© Reuters Investing.com — The Dow closed increased Wednesda after knowledge confirmed inflation continues to ease and a rally in Goal pushed retailers increased following better-than-expected third-quarter outcomes.  At 16:00 ET (21:00 GMT), the was up 163 factors or 0.5%, whereas the was up 0.2% and the was up 0.1%. Inflation exhibits additional indicators of…

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