News

A new report urges urgent digital transformation, including AI adoption, to counter rising competition from Shein and Temu to ...
Shein and Temu have captured a combined 3.6% share of South Africa's retail, clothing, textile, footwear and leather (CTFL) ...
The Localisation Support Fund (LSF) has warned about the looming threat posed by offshore e-commerce retailers (OERs) to ...
Retail data analysts say "a cocktail of problems, both internal and external," have made it impossible for Claire's to stay afloat.
The retail landscape continues to shift with roughly 6,000 store closings announced in the first half of this year or about 123.7 million square feet of vacated retail space, ...
The chain's bankruptcy filing is the second in seven years. Its troubles include unwieldy debt, shoppers' changing habits and new tariff costs.
Snap SNAP reported second-quarter revenue of $1.3 billion, up 9% year over year, largely due to strength in European markets.
Snap’s revenue growth slowed sharply to 9% in the second quarter, with advertising revenue expanding just 4%, highlighting the ad challenges facing the social media firm. Snap stock fell 14% in ...
China-founded e-commerce retailers Shein and Temu have captured a combined 3.6% share of South Africa's retail, clothing, ...
Temu and Shein have long been known for their ultra-low prices. In fact, Temu’s famous Super Bowl ad encouraging people to ...
The Italian Competition Authority announced Chinese retailer Shein was fined more than $1 million for allegedly "misleading" ...