US retail spending slows but stays higher year on year
Data from the CNBC/NRF Retail Monitor shows online sales saw the highest growth, while health and personal care stores had notable yearly gains.
12 February 2025
12 February 2025
Data from the CNBC/NRF Retail Monitor shows online sales saw the highest growth, while health and personal care stores had notable yearly gains.
The group will also delist Carrefour Brazil from the São Paulo Stock Exchange.
The store features curated beauty and personal care products from brands such as Eucerin, La Roche-Posay and Vichy.
This growth exceeded three-month and 12-month averages by 1.1% and 0.8% respectively.
The e-commerice sector is forecast to grow to a value of $11trn by 2028 driven largely by major players like Amazon and Alibaba.
On a like-for-like basis, the company’s Q2 net revenue decreased 1%.
Customers can shop, bag and pay directly on the Coles smart trolley at the Richmond Traders store.
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