From Guatemala to Costa Rica: Walmart's Strategic Push into Central AmericaWalmart’s sales growth rate in Guatemala is unrivaled. Walmart’s representative for Central America announced on the 23rd (local time) that they plan to invest around $700 million in Guatemala over the next five years. This announcement comes just days after Walmart revealed plans to invest approximately $600 million in Costa Rica over the next five […]
Target Slashes Prices on Thousands of Items: From Diapers to Dairy!Target announced on the 20th that it will reduce the prices of at least 5,000 frequently purchased items, including milk and diapers.
Is China's E-commerce Dominance a Threat to Amazon and Walmart?Chinese e-commerce companies are increasing their influence in the global market. According to the Korea Institute for International Economic Policy on the 6th, German market research firm Statista analyzed that Chinese e-commerce companies are leading the global market. Citing e-commerce research firm eCommerce DB, Statista reported that based on B2C e-commerce sales, China’s online retail […]
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