retail

Sales of groceries through e-commerce platforms reached $48 billion in the 12 months to June 2016, according to a new report by Kantar Worldpanel, published today.

The agri-food industry is becoming more globalized. It has complicated supply chains and seeks to satisfy consumer demands such as cheap, healthy and fresh food and year-round. I see that manufacturing companies deal with the shrinking margins. Because they are strongly influenced by short-term demand from powerful retailers and consumers that influence them in today’s complex business world. I know that tighter margins leave a small room for investment.

Confidence in the service, retail and construction sectors dropped in February, data from Turkish Statistics Institute (TurkStat) indicated on Tuesday, revealing a dismal outlook regarding market activity.