02-01 -2025
FER 2025 New Year Team Building Activities

In order to enhance the cohesion of the team and promote the interaction and understanding between employees and their families, Foshan Ever Rising Trading Co., Ltd decided to organize a three-day group building activity to lead everyone to Zhuhai and Shenzhen, two charming cities, to experience the local natural scenery, modern architecture and rich cultural landscape. This activity not only allowed us to spend a happy holiday, but also deepened everyone's identification and sense of belonging to the company culture.

01-21 -2025
Italy: the eighth largest retail market in the world

With a total turnover of around €100 billion in 2023, the Italian supermarket retail market is one of the important retail markets in Europe. Large supermarket chains (e.g. Conad, Coop, Esselunga, etc.) dominate the market.

01-20 -2025
Europe's uneven retail recovery: insights and trends

The retail sector in Europe is experiencing a slow and uneven recovery. In some countries, retail markets have grown slightly, while others are still struggling.

01-15 -2025
China's timber and household industry faces new challenges as EU implements zero-deforestation bill

The day is approaching when the EU Zero Deforestation Act will officially come into force. This legislation imposes new compliance requirements on companies exporting timber and wood products to the EU on a global scale, and in particular has far-reaching implications for China's timber and home furnishings industry.

01-03 -2025
Consumers are no longer warming up to Target

Target's latest earnings report was disappointing, causing shares to fall as consumers seem to be losing interest in the retailer.

12-29 -2024
Action's expansion in Europe accelerates as store total tops 2,750 Fer House

Dutch non-food discount retailer Action saw sales rise 20.9% to €9.6 billion in the first three quarters of the year, with growth driven by new store openings and new customers.

12-13 -2024
Marks & Spencer's half-year profits surge as it continues to grow market share Fer House

As clothing and food sales continue to soar, the Marks & Spencer (M&S) in the UK has seen half-year profits soar and fourth consecutive year of market share growth.

12-09 -2024
The U.S. spent a record amount of money per capita this holiday season, and gift cards were the most popular item! Fer House

Nearly all U.S. adults (92 percent) plan to celebrate a winter holiday, such as Christmas, Hanukkah or Kwanzaa, this year, in line with 2023, according to a new consumer survey conducted by the National Retail Federation (NRF) in conjunction with Prosper Insights & Analytics.

10-30 -2024
UK retail giant WHSmith plans to expand shop-in-shop operations for Christmas Fer House

Pre-tax profits at UK gift retailer WHSmith Group rose slightly as travel sales continued to soar.

10-18 -2024
In a sad exit, Kmart closes its last full-size store in the continental U.S! Fer House

Kmart, the former discount giant that once operated more than 2,000 stores in the U.S., is closing its one remaining full-size store in the continental United States. The Kmart store, located in Bridgehampton, N.Y., will reportedly close its doors on October 20th.

09-20 -2024
Ace opens 5,000th shop in Q2, plans to add 200 more

Leading US home improvement chain Ace Hardware reported second-quarter revenues of $2.7bn, up 3.1 per cent year-on-year from $2.6bn last year. The company noted that increases in outdoor power equipment, tools, lawn and garden and barbecues drove the biggest revenue growth. However, retail revenue fell 0.8 per cent year-on-year to $259 million.

09-13 -2024
Tesco holds on to top spot in list of UK's top 10 retail supermarket chains

The UK retail market has changed dramatically over the past year.2023 At the beginning of 2023, inflation in the UK was at its highest level for over forty years, but as 2024 progresses there are clear signs that the cost of living situation for shoppers is easing.

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