Amazon US retail sales to reach $641.3bn in 2024

Co-op boosts local employment with new store in Welling, UK. Sainsbury's launches webpage to promote British-sourced groceries. And IKEA announces closure of R City Mall store in Mumbai, India.

Forward this email  |  View in browser Retail Insight Network In Brief February 26, 2024 SPOTLIGHT READ Amazon US retail sales to reach $641.3bn in 2024 The e-commerce forecast reveals diverse trends, from booming CD & Vinyl sales to consistent demand for Women's Jewelry. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS Co-op boosts local employment with new store in Welling, UK The new Co-op store will offer online grocery delivery through Deliveroo and Uber Eats.   Sainsbury's launches webpage to promote British-sourced groceries The initiative allows customers to easily access and purchase more than 450 locally sourced products.   IKEA announces closure of R City Mall store in Mumbai, India  The company emphasises its continuing commitment to the Mumbai market, with plans to develop new omni-channel formats.   Government of Canada announces funding for women entrepreneurs Women-owned Canadian SMEs are more likely to operate in young, small, low-growth and underfinanced sectors such as retail.   Zalando to enhance transparency in product sustainability claims The company will rejuvenate its online presence in order to adhere to this commitment.   Mondelēz CEO: Investors not concerned about Russia business Mondelēz's Russian business now operates as a standalone unit in the country.   NTWRK purchases Complex to create next-generation digital hub The move establishes a unique destination for "superfan" culture, combining e-commerce with engaging content. Read more news IN-DEPTH READ Top Themes in Retail and Apparel in 2024   While AI has been used by retailers for some time for tasks such as inventory management and forecasting, GlobalData expects its implementation to accelerate in the coming years, especially in areas such as personalized marketing, customer service, price optimization and supply chain management. 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