Bloomberg Chinese consumers are back to binging on luxury handbags, cosmetics and cars. But this shopping enthusiasm is not extending to mass consumption in sporting goods and restaurants. An uneven recovery is under way in China as the world’s biggest consumer market also becomes one of the first nations to rebound from the coronavirus pandemic that continues to ravage the ...

Bloomberg Whole Foods Market opened a location in Brooklyn that it’s calling a store — except shoppers won’t be welcome to walk the aisles. Instead, the Amazon.com Inc-owned organic grocer will use the facility, located in the New York borough’s Sunset Park neighbourhood, as a warehouse to fulfill online grocery orders, the company said in a blog post. Amazon bought ...

Bloomberg Pret a Manger Ltd cut 2,800 jobs in UK shops, about a third of its store employees there, in the latest sign that the pandemic is hurting the retail industry. Sales at British stores are down about 60% from a year earlier and are now roughly the same level as in August 2010, Pret said in a statement. A ...