Bricks-and-mortar retail may not be dead just yet – online shopping giant Amazon’s £10.7bn purchase of grocery store Whole Foods last week proved that – but new research shows that consumer spending is rapidly shifting from the high-street to the internet. The value of online card payments worldwide grew by 26 per cent during 2015 to reach $2.7 trillion (£2.13 trillion), representing 12 Read More →

Wal-Mart Stores, the 800-pound gorilla of retail, is running hard to catch up in an increasingly crucial segment where it is neither the biggest nor the best: e-commerce. The company, founded in 1962 by Sam Walton, has been gobbling up smaller and niche players in e-commerce in an effort to reach online shopping market leader Read More →