How Conversational AI is Reshaping Retail’s Future
The New Shopping Assistant: AI Goes Mainstream When Walmart announced shoppers could now purchase products directly through OpenAI’s ChatGPT, the…
Tag: Retail
How Costco’s Strategic Buying Power and SKU Agility Shield Against Tariff Turbulence
Navigating Trade Challenges Through Merchandising Expertise Costco Wholesale Corporation is leveraging its distinctive business model to mitigate the impact of…
China’s Economic Expansion Shows Signs of Moderation in Q3 Amid Mixed Indicators
China’s economic growth reportedly moderated during the third quarter of 2024, according to analyst projections. Multiple economic indicators including retail sales and industrial production showed signs of easing, while exports demonstrated continued resilience despite international trade tensions.
Economic Growth Trajectory Shows Moderation
China’s economic expansion reportedly slowed during the third quarter of 2024, according to analysts polled by Reuters. The analysts suggest that gross domestic product growth likely moderated to 4.8% year-on-year for the July-to-September period, compared to 5.2% in the previous quarter. This data, scheduled for official release on Monday, would confirm a cooling trend in the world’s second-largest economy amid ongoing structural adjustments and global economic headwinds.