TikTok eyes $17.5 billion shopping business on Amazon’s turf
The 2024 merchandise volume goal for the US version of TikTok Shop — which melds online entertainment with impulse buying — was discussed in internal meetings in…
UK consumer confidence dips to record low in June – GfK
Its headline consumer confidence Index fell just one point to -41 this month, but that saw it plumbing new depths for a second consecutive month. Meanwhile, four…
UK sees record levels of pre-Christmas discounts – Deloitte
Business services and research specialist Deloitte analysed 0.8 million products and said discounts currently average nearly 44% with a rise to 48% expected by Christmas Eve.Interestingly though,…