Singles’ Day Sales Growth Slows Amid China’s Economic Challenges

Retail sales made during China’s annual Singles’ Day shopping event reportedly slowed again this year amid the country’s economic challenges and consumer skepticism about retailers’ promotions. While eCommerce platforms used to see growth in the double digits during Singles’ Day, more recent estimates put those figures in the low single digits, AP reported Monday (Nov. … Continue reading Singles’ Day Sales Growth Slows Amid China’s Economic Challenges