The European Union has provided guidance on the selling of products online in a bid to improve enforcement and market surveillance of the online supply chain as it moves towards a digital single market. The guidance – which focuses on non-food products – is built on the recognition that although the “rapid growth” in e-commerce … Read More →
The growth of e-commerce continues to wreak havoc on traditional retail and its workforce, with 5,300 store closings announced in the first half of 2017 and 64,000 job cuts expected. What will become of the 16 million Americans who work in the retail industry as current trends toward online shopping continue? Economics correspondent Paul Solman … Read More →
As the retail industry churns in the Amazon era, American shopping malls are turning to a new generation of stores, food, and entertainment offerings to make up for an exodus of department stores. E-commerce websites like Amazon have threatened the mall culture. Reuters. Prime mall real estate is increasingly going to players who began online … Read More →
A 56 per cent surge in reports of online shopping scams has been recorded in Hong Kong this year, prompting local police to step up cyber patrols and intelligence gathering in an effort to crack down on internet fraudsters. According to the latest official figures, the number of online shopping frauds rose to 872 in … Read More →
Since the 1950s, department stores like Sears and JC Penney have anchored suburban shopping malls. But hundreds of chains are expected to soon close their doors . Sears, an iconic mall mainstay, is shuttering over 300 locations in the US by the end of 2017, and JC Penney also recently said it will close 138 stores due to waning traffic and sales.Now, … Read More →
NEW DELHI: Social media has opened a new world for sellers across India. It has become a modern sales tool for many companies because users are growing day by day on social media platforms. With their large following, there are many sites working hard to keep users engaged on their platform by constantly offering new … Read More →
You ordered something online, but it looks completely different when it arrives. For one thing, you didn’t notice the weird shape of the collar or that it said “Mondays Suck” in small print on the back. A tip from a Reddit post for avoiding this problem: look at the clothing item in the lightest color before looking … Read More →