The position of Amazon.com is outstanding according to Germany’s antitrust watchdog. Amazon disagreed with the Cartel Office’s analysis and that it would consider all options. The entire proportion of e-commerce in German retail sales will be 14.7% in 2021. The position of American e-commerce giant Amazon (AMZN.O) is of outstanding, cross-market importance for competition, according … Read more
LONDON: British retail sales slid in December, as consumers shunned the high street due to concerns over the Omicron coronavirus variant, official data showed on Friday. Total sales volumes dropped 3.7 per cent last month compared to November, the Office for National Statistics (ONS) said in a statement. Sales had risen by one per cent in … Read more
WASHINGTON: The US retail sales rose 1.7 per cent in October, amid surging inflation, the Commerce Department said on Tuesday. Retail sales totaled $638.2 billion in October, 16.3 per cent above October 2020, according to the report. September’s retail sales were revised up from an increase of 0.7 per cent to 0.8 per cent, the … Read more
