JD.com partners with Fung Retailing to transform retail through AI

On February 2, JD.com, China’s leading online retailer, announced a partnership with Fung Retailing, the retail business arm of Hong Kong conglomerate the Fung Group, to transform the retail landscape using AI Artificial Intelligence We view the partnership as part of JD.com’s Boundaryless Retail Strategy, which aims to transform the company’s retail business into an … More JD.com partners with Fung Retailing to transform retail through AI

U.S. Retail jobs increased by over 11000 in January

Retail industry employment increased by 11100 jobs in January over December, the National Retail Federation said today. The number excludes automobile dealers, gasoline stations and restaurants. Overall, the economy added 200000 jobs, the Labour Department said. “These numbers reflect the strong holiday season and how retailers matched consumer demand for consumption by hiring additional staff,” … More U.S. Retail jobs increased by over 11000 in January