Wholesale Industry and Market News

Retail giant Primark made 9.5 billion dollars in sales revenue last year without a penny of it coming from online shopping.

To overcome the wholesale slump in the U.S. market, Levi Strauss & Co. is diversifying its products and focusing on direct-to-customer sales.

Over the next year, Nike is set to raise prices despite ongoing efforts to focus on using discounts to sell excess inventory and boost sales.

Instacart addresses disrespect and rude behavior toward delivery personnel and says repeated rulebreakers will be banned from the app.

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

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

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

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.

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

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.