Wholesale Industry and Market News

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.

Chewing gum brand Trident has been sold by Mondelez International, alongside other gum brands, including Dentyne, for $1.35 billion.

Inditex, the owner of Zara, as well as Burshka and Massimo Dutti, have seen an increase in sales and profits this year.

With decreased demand in a wide range of sectors, retailers are introducing significant discounts to clear excess stock.

With the Football World Cup, Bestway Wholesale has commenced its campaign around the tournament representing £250,000 in investment.

Apple’s iPhone 14 Pro and Pro Max models are affected by limited manufacturing capacity of factories in China because of Covid-19 outbreak.

Apple’s latest iPhone will apparently be manufactured in India, a lot earlier compared to the previous models.