Recent Posts

Americans keep spending but big retailers doubt it will last

BLOOMBERG Americans are still spending. And the country’s biggest retailers are still warning that the party is at risk of fizzling.  Walmart Inc, Target Corp and Home Depot Inc all topped Wall Street’s profit estimates in their fiscal second quarters, which ended in late July. In that way, at least, the results reinforced the picture of a resilient consumer after ...

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The Asian Retailer Outgunning Amazon and Walmart in  South Africa

BLOOMBERG Shein is the most downloaded shopping app on South Africa’s Google Play store. And it isn’t even trying that hard. The Singapore-based fast-fashion brand launched in the country at the foot of the continent during the Covid-19 pandemic and is expanding via word-of-mouth and by offering first-time buyer discounts. It has already caused such a stir that local retailers ...

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ADX, Tawasal SuperApp partner to offer market updates

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) has partnered with Tawasal SuperApp, a secure multi-purpose messenger and super app, to enable investors to access real-time ADX updates directly within the app. As part of the partnership, Tawasal users will gain access to a comprehensive range of real-time stock market data provided by ADX. Investors and traders will be ...

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