As expected, Chinese e-commerce behemoth Alibaba reports record second-quarter growth; in the UK, Sainsbury's is under pressure over a main own-brand supplier cutting workers' hours; and Walmex sells its clothing stores in Mexico. All these stories feature in today's RetailUpdate. Have a great day, and don't forget to share.
asia & australia
usa & mexico
Smartphones drive growth Online-only retail is growing faster than brick-and-mortar. Why? After tracking retail growth rates for a year, the IMRG Capgemini Sales Index has identified smartphones as having a major influence.