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China To Displace US As Leading Retail Market

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this year as the leading retail market around the world. According to eMarketer’s worldwide retail and eCommerce forecast, in 2019 China’s total retail sales are forecast to increase 7.5 That compares to retail sales in the U.S. That means China’s retail sales are expected to surpass the U.S. through 2022.

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Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

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Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. I wrote a piece in 2014, right around this time, that made the strong case for the decline of physical retail. Like this one.

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NEW DATA: Retail Kiosks — The Next Billion-Dollar Industry

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One might just call this the age of unattended retail. Increasingly, retailers and other merchants are looking to give customers a more convenient and efficient experience by offering products and services via unattended kiosks. market growing from $533.37 million in 2013 to $716.97 million in 2016.

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October Retail Sales Grew Slower Than Anticipated

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retail sales rose 0.3 Despite the pandemic’s negative effect on the economy, 2020 retail sales in October were 5.7 Despite the pandemic’s negative effect on the economy, 2020 retail sales in October were 5.7 September retail numbers were up 1.6 percent in October to $553.3 Census Bureau report released on Tuesday (Nov.

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Central Retail Group Eyes $2.7B IPO

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In what would be Thailand’s biggest initial public offering (IPO), Central Retail Corporation, the country’s largest retailer, is looking to raise up to 81.1 Central Retail’s plans to go public would overtake the biggest listing in the country, BTS Rail Mass Transit Growth Fund, which in 2013 notched 62 billion baht.

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Automated Retail Speeds Up Delivery And Checkout

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Automated retail might conjure up images of robot cashiers, but beyond a few convenience stores in Japan and Korea, that sci-fi development hasn’t yet become reality for the wider world. The latest Automated Retail Tracker explores these trends and new developments in the unattended retail space.

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Walmart Expanded Mexico Market Share With 134 New Stores In 2019

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In 2013, Walmart opened 214 stores in Mexico, which is its largest foreign market with 3,407 stores, more than in any other country outside the U.S. The new stores would double the retailer’s presence in China, a country that is predicted to become the largest grocery market in the world by 2023.

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