Wholesale Industry and Market News

Many analysts suggested that China’s zero-covid policies may leave luxury goods markets vulnerable if they continued into 2023.

Pepsi and Coca-Cola are under a preliminary investigation by the Federal Trade Commission over a 1930s law relating to wholesale pricing.

Colorado-based fuel supplier Offen Petroleum completed the acquisition of Gas Depot’s wholesale division on January 4, 2023.

Morphe announced the decision last week to close all 18 US stores, with stores outside the US remaining open.

In the latest round of layoffs beginning in November 2022, Amazon will have reduced its corporate workforce by 5%.

One area of focus will be device integration, an area the company has historically struggled to keep up with its key competitors.

Increases in theft throughout stores in America could contribute to rises in prices and even store closures Walmart’s CEO has warned.

Building on social shopping trends, Amazon is introducing a TikTok-style video feed called Inspire.

Despite displaying strong growth over the last year, Nike’s problems with excess inventory have persisted.

Three of the EU’s most significant antitrust cases have concluded this week after Amazon agreed to a settlement.