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Wholesale Industry and Market News

Final Sale

Final Sale

The word “final sale” in retail usually means that once purchased the sale is final and can’t be returned.


Nike to restart selling to wholesalers

Nike to restart selling to wholesalers

For the last six years or so, Nike has been separating itself from traditional retail stores in favor of direct-to-consumer selling.


Local shops to receive wholesale support from Bestway

Local shops to receive wholesale support from Bestway

Britain’s local shops are an important component of the distribution chain. Bestway pledged to support them through its wholesale network.


Shopping malls in the US welcome a number of new global brands

Shopping malls in the US welcome a number of new global brands

Many European and Asian brands are now looking to the U.S. as a market for expansion, as it is one of the biggest in buying goods.


Spending at Macy’s and other retail stores slows

Spending at Macy’s and other retail stores slows

Plans to cut full-year forecast and increase promotions underway to get rid of excess spring stock at some major department stores.


Volvo ends wholesale model in favor of Tesla-style sales approach

Volvo ends wholesale model in favor of Tesla-style sales approach

Volvo revealed that it will put an end to its UK wholesale operations and starting in June will fully adopt a direct market business system.


Apple and Broadcom agree multibillion-dollar supply deal

Apple and Broadcom agree multibillion-dollar supply deal

Apple has announced a multiyear, multibillion-dollar deal to extend its agreement with chip-supplying company Broadcom.


America has more pork than needed

America has more pork than needed

U.S. pork industry is now experiencing an oversupply thanks to factors such as rising costs, new regulations, and a decline in demand.


Many retailers are reducing their return policies

Many retailers are reducing their return policies

Ever since the invention of retail stores, items being returned has been the biggest strain on profits for retail owners.


Cartier not Tiffany the No. 1 brand of choice in China

Cartier not Tiffany the No. 1 brand of choice in China

In the past three months, sales of European luxury brands of jewellery products in China have risen by over 25%.