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Amazon Gains As Cost Cuts Drive Robust Profit Growth

Amazon Gains As Cost Cuts Drive Robust Profit Growth
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Amazon Shares Surge On Top-/Bottom-Line Beat; Shrug Off AWS Growth Disappointment

Fashion Retailer Answear Likely to Open Physical Stores in Romania

Polish fashion retailer Answear.com is likely to open physical stores in Romania as well, after the group in early 2023 acquired brands PRM and Sneakerstudio in Poland, brands which have also come with physical stores, explained Raluca Radu, Answear Romania country manager.

R|T: The Retail Times – Amazon is trying to control inventory deeper in the supply chain

Xiaomi revenue drops but EV strategy ahead of schedule

Xiaomi Corp s net income rose to 5.14 billion yuan over the period, an increase of 147% from 2.08 billion yuan a year earlier, also beating expectations. The company put the increase down to cost cutting and efficiency improvements, particularly in its physical stores.

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