New China tariff waivers for US imports to take effect on May 19
The new China tariff waivers for some US imports will take effect on May 19 and end on May 18, 2021. There are currently...
Global smartphone shipments in Q1 2020 fell by 11.7%
Global smartphone shipments fell by 11.7% in the first quarter of 2020. This is the effect of the coronavirus pandemic, which slowed down demand.
The...
What do Asian consumers spend on during coronavirus outbreak?
Asian consumers are managing their expenses as the coronavirus outbreak is expected to affect their finances, according to a new study.
A McKinsey report revealed...
Coronavirus: Amazon blocks non-essential items from warehouses
E-commerce giant Amazon is temporarily refusing to stock non-essential items in its warehouses amid the coronavirus outbreak.
Amazon is temporarily blocking non-essential items from its...
Coronavirus Updates: The impact on retail sales, consumer behavior
The impact of coronavirus pandemic is undeniable on retail industry and consumer behavior, according to new data.
A First Insight study revealed that coronavirus has...
A new way to measure compulsive shopping disorder
There is a new way to measure compulsive shopping disorder, which refers to uncontrolled buying or shopping.
A research team led by Flinders University's Professor...
US consumer spending slightly increased in January
US consumer spending rose by 0.2% in January, a 0.4% decline from December yet smallest gain since October, according to the Commerce Department.
On the...
Consumers prefer to buy goods through social media, survey shows
Most consumers prefer to buy goods through social media, according to the 2020 social commerce report released by social commerce platform Poshmark.
Findings revealed that 58%...
The world’s largest market for smart speakers is not North America
The world’s largest market for smart speakers is not North America but Asia, according to the report by the Omdia Smart Speakers Market Tracker.
Data...
Valentine’s Day Gifts for Her May Amount to $27.4 Billion
Celebrating Valentine’s Day with a special someone is not going to be cheap. Flowers, chocolates, and cards are among the Valentine’s Day gifts for...
