Authorities from seven Chinese departments, including the Cyberspace Administration of China (CAC), dispatched a joint team on Friday to conduct an on-site cybersecurit
02:18 The U.S. government is launching a retail pharmacy vaccination program and it's shipping about a million COVID-19 vaccine doses this week directly to about 6,500 hundred stores n
Luckin Coffee has agreed to pay a $180 million penalty to settle accounting fraud charges, said the Securities and Exchange Commission (SEC) on Wednesday.The company and the SEC have reached a set
Black Friday is a shopping tradition in the U.S. that lures holiday shoppers with unbeatable doorbuster deals the day after Thanksgiving. Many retailers have put t
02:37 Cycling has gained popularity in Brazil as the coronavirus pandemic enters its seventh month.Salesof newbikes have almost doubled as Brazilians search for alternatives torisky co
02:40 New York City has just started its second phase of reopening after the coronavirus emptied the city's streets, restaurants and stores.It’s a major milestone for a city that was o
03:01 COVID-19 has had an immediate impact on American retail stores, both large and small.We meet Eduardo Betancourt, the Co-owner of fashion maker Adara by Carol B, and listen to how
Shares of Chinese coffee chain retailer Luckin Coffee plunged more than 75 percent on Thursday after the company formed a special committee to oversee an internal inve
Apple Inc. is warning investors that it won't meet its second-quarter financial guidance because the COVID-19 outbreak in China has cut production of iPhones.The Cupertino, California-based compan
02:25 The world’s largest retail conference and expo is taking place in New York City and CGTN’s Karina Huber is there.The expo explores the future of retail. What new tech can you exp
ToystoregiantToysRUshasreceivedbidsofmorethan$1bnfromprospectivebuyersforamajoritystakeinitsAsiabusiness,alawyerforthefirmsaid.TheUS-basedfirmhasoperationsaroun
Self-servicestart-upshavebecomethenewfadforChineseinvestorsafterthearrivaloflotsofsuccessfulplayers–bigandsmall.AlibabalauncheditsTaoCafeinlateAugust,2017,twomo
USretailerWalmartIncislookingtomakefurtherinroadsinChina'sburgeoningretailmarketbyexpandingservicestobusyChinesefamiliesthroughomni-channels,anexpandedhypermark
E-commercebehemothAlibabaGroupHoldingLtd.announcedonSundayitslatestmovetowardintegratingonlineandphysicalretailthroughitspurchaseofastakeinaleadingChinesehomeim
Thenextphaseindatacollectionisrightunderyourfeet.Onlineclicksgiveretailersvaluableinsightintoconsumerbehavior,butwhatcantheylearnfromfootsteps?It’saquestionMilw
SearsHoldingsCorp(SHLD.O)saidonThursdayitwasshuttering103unprofitableKmartandSearsstoresasitcontinuestostreamlineoperationsamidmountingdebtandastringofquarterly
Googleissaidtobeplanningonopeningbrick-and-mortarstoresinIndiatoscaleupsalesofPixelphoneswherethecompanyislaggingbehindinthecompetitionaccordingtoareportfromthe
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