Consumer card spending sees growth in November

Amazon seeks dismissal of US FTC's antitrust lawsuit; Investor group proposes $5.8bn buyout of Macy's; and UNIQLO to open more than 20 stores in North America in 2024

Forward this email  |  View in browser Retail Insight Network In Brief December 12, 2023 SPOTLIGHT READ Consumer card spending sees growth in November Although below the latest inflation rate of 4.7%, the increase outpaced October's. Answer our poll question LATEST NEWS Amazon seeks dismissal of US FTC's antitrust lawsuit The retailer accuses the FTC of confusing "common retail practices" with anticompetitive practices.   Investor group proposes $5.8bn buyout of Macy's Arkhouse Management and Brigade Capital reportedly submitted a proposal to acquire the chain for $21 a share.   UNIQLO to open more than 20 stores in North America in 2024 The brand aims to establish a network of 200 stores in the region by 2027.   Sprouts and Uber Eats partner for on-demand grocery delivery Customers can visit the Uber Eats mobile app or website to order more than 15,000 products for delivery.   Signal: TikTok Shop relaunches in Indonesia, shows early promise for retail brands in Q3 As TikTok Shop makes a comeback in Indonesia, retail giants such as Revolve are reporting early success on the social commerce platform in Q3.   Aldi claims to be set for a record-breaking Christmas The supermarket chain looks to end 2023 on a high with diverse options and low prices for the Christmas season.   TikTok partners with GoTo to restart Indonesia online shopping TikTok will combine its Indonesian business with Tokopedia, the e-commerce platform of GoTo, under the existing PT Tokopedia entity. Read more news IN-DEPTH READ Personalization - a growing trend in the online retail space   Although personalization is a theme that has been present in the retail industry for decades, it has become more prevalent and important to consumers in recent years. This increase is tied to the rise of online shopping. Personalized products are currently especially prevalent in the health & beauty sector, due to the links to the health & wellness trend, which is particularly important to young consumers. Buy report MORE FOR YOU Explore our marketing solutions   Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.    Request a demo Click below to view more from across the network: Packaging Gateway    |   Just Style   |   Just Drinks   |   Just Food        Was this email forwarded to you? Sign up here.   Please send any news or comments to: consumer.editorial@verdict.co.uk   GlobalData   At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.    GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom London  Unsubscribe  |   Manage Preferences