Retail - News for amigos, by amigos

Chancay Megaport Boosts Local Businesses in Peru

A $1.3B Chinese-funded megaport near Lima is fueling growth in Chancay and transforming local trade and retail opportunities.

The Chinese mainland saw a surprising retail boom in May with a 6.4% jump, fueled by holiday spending and early shopping festivals.

US retailers face rising tariffs: Target lowers forecasts and Walmart warns of job cuts amid mounting economic pressures.

Trump urges Walmart to absorb tariffs instead of passing costs to customers as price hikes loom.

Walmart CFO warns that rising tariffs will force price hikes, shifting extra costs to consumers and affecting the retail giant’s vast network.

U.S. retail giants face an economic pinch as Amazon’s plan to display tariff costs sparks a heated debate.

A new white paper reveals how Hainan is evolving into a global travel retail hub with booming tourism and a dynamic young market.

Hainan’s Free Trade Port zero-tariff policies have saved billions, turning the island into a hot new global retail destination.

The Chinese mainland’s retail giants launch fast-track initiatives to support exporters affected by U.S. tariffs.

China’s consumer market rebounds with a 4% increase in retail sales, driven by people-centered policies and strong online growth boosting well-being.