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Wholesale Industry and Market News

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%.


Demand for everyday goods still strong despite inflation

Demand for everyday goods still strong despite inflation

According to household goods manufacturers, sales figures are as good as ever despite double-digit price increases in some cases.


Sales growth looking good for auto-parts

Sales growth looking good for auto-parts

American companies selling car replacement parts are enjoying substantial sales growth despite rising interest rates and high prices.


First ever Apple store opens in India

First ever Apple store opens in India

On April 18, 2023, Apple officially opened its first retail store in India. Apple’s CEO Tim Cook in person was there at the launch.


IKEA will open 17 new stores in the U.S.

IKEA will open 17 new stores in the U.S.

With its largest investment ever, IKEA has just announced big plans for its expansion into the U.S., with 17 new American stores coming soon.


Luxury brands exceed sales expectations despite economic downturn

Luxury brands exceed sales expectations despite economic downturn

The demand for luxury brands is as hot as ever despite continued inflation, recession, war, and banking upheavals, occurring worldwide.


PC sales not looking good so far this year

PC sales not looking good so far this year

Employees working hybrid and those returning to the office full-time may have to wait for an upgrade to their old work laptop or computer.