Analyst Corner 11 minutesRegister for Free AccessWeekly Insights Nov 18, 2016 Coresight Research November 18, 2016 Executive Summary This week’s note “From the Desk of Deborah Weinswig” recaps the recent Singles’ Day shopping holiday and considers how Alibaba differentiates the shopping festival from conventional retail events. Total US retail sales rose by 0.8% in October, suggesting a healthy profile for the US retail industry ahead of the holiday shopping season. Retailers are racing to promote their holiday sales after delaying their marketing efforts due to the presidential election. French department store Printemps is introducing mobile payment service Alipay to draw more Chinese customers into its stores. The retailer expects to roll out Alipay to 18 stores by the end of the year. Argentinian President Mauricio Macri has introduced policies that have unleashed a retail sales boom—not in Argentina, but in neighboring Chile. Since Macri removed exchange controls in December, Argentinians have begun crossing the border in masses to seek bargains in Chile, where three years of sluggish economic growth have weighed on retail sales. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: What the Ozempic Economy Means for US RetailRetail Shrink and ORC: Losing Inventory, Losing Customers—US Consumers’ Response to TheftEarnings Insights 2Q23, Week 2: Columbia Sportswear, Clorox, Floor & Decor and Sprouts Farmers Market Post Solid Results; Amazon Sees Online Sales ImproveUS Back to School 2024: Preparing for Class—Unveiling Consumer Spending Expectations