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Walmart takes control of shipping to meet retail demand

China 2900 Cons. Discr. - Retailing 414 India 466 South Korea 548 Taiwan 189 Thailand 123 Vietnam 343

U.S. retail sales grew by 13.9% in July estimates, continuing a long string of growth that is tapering off. Some of this may be driven by a slowdown in non-store retail that only grew by 3.7%, potentially indicating that e-commerce is hitting headwinds, while imports of consumer discretionary goods continued to suge. Clothing saw large growth, up 45.8% likely as consumers refresh wardrobes that languished over the pandemic. In terms of import origins, Vietnam saw the largest gains with the share of retail associated goods imported from the country increasing by 1.3 percentage points from...

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