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Tesco reports 3.4% sales growth in Q1; UK sales up 4.6%, ROI sales up 4.4%

Canada's retail sales reached C$63.4B in March, down 1.5% year-over-year; largest contribution to decline came from sales of automotive and household fuels, which fell 5.5%: Statistics Canada

Euro area seasonally adjusted volume of retail trade in April decreased by 0.5% month-over-month, remained stable year-over-year: Eurostat

Forrester forecasts total global online retail sales to grow at 8.9% CAGR to US$6.8T by 2028, driven by retailers' investments in generative AI, rise of online marketplaces, higher digital literacy; retailers must keep investing in omnichannel strategies

US international trade deficit increased by US$7.1B in April from March to US$99.4B, as seasonally adjusted wholesale inventories rose 0.2% to US$896.3B, seasonally adjusted retail inventories increased 0.7% to US$790.9B: Dept. of Commerce

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