FTC proposes rule to combat fake online reviews
The Federal Trade Commission (FTC) has taken a significant step in its fight against review fraud by proposing a new…
All articles by Mohamed Dabo
Mohamed Dabo
Mohamed Dabo is a seasoned journalist with extensive experience in financial reporting. He brings a wealth of knowledge from his previous work in the United States and France, along with his numerous contributions to business and financial publications over the years.
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Grocers are collecting more of your data
If you have a loyalty card with a prominent grocery store or have downloaded their app to take advantage of…
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Diamond prices drop amid ongoing retail slump
De Beers, a major player in the diamond industry, has successfully finalised a 10-year sales agreement with the Botswana government.…
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Toronto’s multicultural population fuels a diverse grocery market
Toronto, one of the most diverse cities globally, boasts nearly 50% of its population born outside Canada, as reported by…
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Hong Kong’s retail sales continue to rise, yet concerns persist
Hong Kong's total retail sales increased by 18.4% year-on-year in May to HK$34.5bn. However, trade representatives have expressed doubts about…
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Decline in cigarette consumption poses challenges for retailers
The retail sector is witnessing the repercussions of a significant decline in cigarette consumption, which can be attributed to the…
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Alibaba adds more grocery stores in China ahead of IPO
Alibaba's grocery unit, Freshippo, has announced plans to increase the number of physical stores in China. This move comes as…
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Walgreens to close 150 stores by next summer
Walgreens has announced plans to shut down 150 stores following decreased demand for Covid-19 tests and vaccine shots, leading to…
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Kroger creates in-house ad platform
Kroger has announced the development of its own in-house advertising platform. The platform aims to leverage retail data to improve…
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Nike beats revenue estimates on strong sneaker demand
Nike exceeded expectations for quarterly revenue, outperforming Wall Street estimates. The sportswear giant saw a boost in sales due to…