E-Commerce

GenAI Leads Innovation In Retail, Says GlobalData

Generative artificial intelligence (genAI) is at the forefront of innovation in retail as its ability to fabricate hyper-customised content is turning the...

Spain Antitrust Watchdog Fines Amazon, Apple €194 million

Spain's antitrust watchdog on Tuesday said it had imposed fines worth a total €194.1 million on Amazon and Apple for colluding to limit the online sal...

Amazon's 'Biggest Ever' Prime Day Boosts US Online Sales To $12.7bn

US online sales during Amazon.com's Prime Day shopping event rose 6.1% to $12.7 billion (€11.3 billion) from last year, as inflation-hit Americans hun...

Gruppo VéGé Sees Sales Up 7% In FY 2022

Italian retail cooperative Gruppo VéGé saw 6.7% annual growth in consumer sales to over €12.7 billion in 2022, from €11.95 billion...

Bolt Names Mikko Salovaara As CFO In Preparation For IPO

Estonian food delivery and ride-hailing startup Bolt has named Mikko Salovaara as its chief financial officer ahead of the company's preparation for an ini...

Retailers, Wholesalers Support Digital Euro, Highlight Key Concerns

The retail and wholesale sector has expressed its general support for the digital euro while also highlighting some key concerns, according to EuroCommerce...

Swedish Retailers Slightly Optimistic About The Future: Svensk Handel

Swedish retailers traders across all sub-sectors now see the future 'somewhat brighter', according to the latest data from Svensk Handel – a group th...

Britain's Ocado Follows Rivals In Cutting Some Prices

British online supermarket Ocado Retail has followed rivals by cutting prices of some essential items, adding to hopes a surge in food inflation will moder...