retail industry

Latest news and articles about retail industry from NEX English

Announce voluntary liquidation of Cotton On Asia in Singapore

Cotton On Asia, the regional arm of the Australian Cotton On Group, has announced the start of voluntary liquidation procedures following an extraordinary video meeting. This decision comes as the company faces significant economic challenges in the Singapore market.

Increase Membership Fees at Sam's Club: Will Costco and BJ's Follow?

Sam's Club, owned by Walmart, announced an increase in annual membership fees from <strong>$50</strong> to <strong>$60</strong>, effective May 1. This increase raises questions about whether Costco and BJ's will adopt a similar approach amidst rising economic pressures.