Good morning. Retail numbers on both sides of the Atlantic came in stronger than forecast this month, ecommerce continues to pull share from physical stores, and fresh tariffs plus a widening skills gap are reshaping how retailers and manufacturers plan their sourcing. Here is what you need to know today across retail, ecommerce, supply chain and sourcing in the UK and USA.
Today's Headlines
Retail Industry
US retail sales rise 0.2% in June as gas station spending falls
UK retail sales jump 1.0% in June, beating forecasts
Ecommerce and Digital Retail
Amazon Business hits $60 billion in annualized gross sales
UK online retail sales surge 14.4% year over year in June
Supply Chain and Logistics
US containerized imports hold steady near 2.4 million TEUs in June
Logistics UK warns of driver skills gap despite easing shortages
Sourcing and Manufacturing
New US tariffs take effect on imports from 60 trading partners
UK manufacturing orders fall at fastest pace in six years, CBI says
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