The German retailer said on Tuesday it hopes to stabilise its shrinking Russian business in the coming months after overhauling management and introducing bulk discounts to attract more independent traders.
U.S. retail sales increased marginally in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter.
Amazon.com Inc is bringing its grocery store without checkout lines to Chicago and San Francisco, the company said in a statement this week, confirming reports it will expand the concept beyond its pilot in Seattle.
A survey of 1,000 shoppers has found that consumers would be more persuaded to make expensive purchases online if websites would provide more in-depth product information, better visuals and faster checkout.
The Beales department stores chain is proving that smaller multi-category retailers can still do well, despite the woes being suffered by larger peers, as it talks to Palmers about a takeover of the two-store firm
Chinese tech firms, including Lazada's top investor, Alibaba, have poured at least $6 billion into every aspect of Indonesian e-commerce, a market that is set to grow from a current $7 billion to $63 billion by 2027.