Remove 2017 Remove Online Remove Retail
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China’s Online Retail Sees Big Boost in 2017

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All over the world, the retail industry is seeing a major transformation. As more people turn to the online arena to purchase everyday goods, retailers are looking for ways to fuse the digital and physical retail space. At the halfway point of the year, retail in China took an interesting turn. percent), food (20.8

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Alibaba Bets Billions On Online Grocery In China

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In a quest to dominate online food shopping in China, Alibaba invested $3.6 billion for a controlling stake in the hypermarket operator Sun Art Retail Group , Alibaba said in a statement on Monday (Oct. billion — in Auchan’s A-RT Retail. As part of the deal, Alibaba will acquire a 70.94% equity interest — worth about $3.6

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Why Online Retail Fraud Is On the Rise

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From counterfeiting to identity theft to phishing attacks, digital fraud takes many forms — and online shopping continues to make consumers and merchants vulnerable to such attacks. According to a new LexisNexis study , overall retail fraud attempts doubled year-over-year and tripled since 2017. last year, a 6.5 last year, a 6.5

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More Retail Bankruptcies Expected In 2017

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The retail sector has been suffering a lot of pain this year, with bankruptcies already happening at a record pace and more bankruptcies expected to come. So far this year, 14 retailers have filed for bankruptcy and that is coming off 18 bankruptcy filings in 2016.

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US Online Retail Sales To Surpass $700B By 2022

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By 2022 online retail sales will go beyond $712 billion. According to news from Retail Dive , the study, released this week by Forrester Research, shows that 98 percent of American adults already go online at least once a day. retail market will be driven through digital touchpoints by the end of the year.

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How An Online Automotive Deal Is Fueling A Retail Trend

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Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. Carro, which operates in Singapore, Thailand and Indonesia, said more than $500 million worth of vehicles were sold last year on its platform, up from $250 million in 2017 and $120 million the year before.”.

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Black Friday Online Spending Jumped 24 Pct From 2017

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Black Friday sales soared this weekend, with more Americans choosing to skip the crowds and do the majority of their holiday shopping online. Reuters reported that online sales rose more than 23 percent, hitting over $6 billion on Black Friday, according to data from Adobe Analytics. In fact, reports noted that 33.5

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