UK retailers report unexpected jump in sales in August
British retailers recorded their strongest monthly sales in nine months in August, inconsistent with earlier expectations for a decline in sales as household living costs fell. The UK CBI retail sales margin jumped to 37 in August from -4. Martin Sartorius, chief economist at the CBI, said that while retail sales returned to steady growth in the year to August, businesses remained pessimistic about the business situation for the next three months, and that pessimism was reflected in retailers In terms of their willingness to invest, their willingness to invest is still very negative.
TikTok is testing new 'Nearby' and 'Add location tags' features
TikTok is testing a new feature called "Nearby" among some users in the Southeast Asian market, which will make it easier for users to find local store recommendations and videos posted by users in the same city.
TikTok is also testing another new feature at the same time that allows creators to add location tags to videos. A TikTok spokesperson said the ability to add location tags is gradually being rolled out to creators. When asked if the Nearby feature would only show location-tagged videos, the spokesperson said it was too early to judge based on the limited scope of the current feature.
Amazon Europe allows sellers to access Brand Registry from Seller Central
Amazon Europe announced that sellers can now access Amazon Brand Registry directly from Seller Central to manage and protect their brands. To do this, in Account Information, use the new Manage Your Brands link to jump to the Amazon Brand Registry. According to reports, Amazon Brand Registry is a free service that allows brand owners to register their intellectual property and access tools to promote and protect their brands on Amazon.
eBay releases UK Christmas spending trends for 2022
eBay Ads UK's latest Christmas consumer trends research report found that the impact of inflation means UK consumers will prioritise value-for-money and thoughtful gifts this holiday season, and plan to be more organised. The survey found that a third of consumers plan to start Christmas shopping earlier than last year, and three in 10 shoppers plan to do so by the end of August. What's more, shoppers will prioritize gifts that add value to a loved one's life. More than half plan to buy thoughtful gifts for friends and family this year. Meanwhile, three in 10 say they plan to buy functional gifts and nearly one in four will buy essentials for gifts, suggesting many Britons are more inclined to buy useful at a time when everyday items are unaffordable Gift.
The container industry has entered a period of steady growth
Affected by the continued strong demand for international container transportation, the global spread of the new crown pneumonia epidemic, the obstruction of overseas logistics supply chains, serious port congestion in some countries, and the Suez Canal congestion, the international container shipping market has an imbalance between supply and demand of shipping capacity, tight container shipping capacity, and shipping logistics supply chains. High prices in multiple links have become a global phenomenon. However, the 15-month-old rally has begun to retreat since the fourth quarter of last year.
India Post is stepping up to provide door-to-door services
India Post is reportedly working on projects and technologies to provide door-to-door services and is adding 10,000 post offices this year to expand its reach. Posts Minister Aman Sharma said the government has provided Rs 5,200 crore to the department to modernize post offices using technology.
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