U.S. consumers prefer shopping online reveals shopping data from Mastercard

As per a report by Mastercard Inc, e-commerce sales saw record highs this shopping season in the United States, with U.S. shoppers preferring online sales to their brick-and-mortar counterpart. For retailers, the holiday shopping season is a crucial period for which can account for up to 40% of annual sales. This year, Thanksgiving, which traditionally…

Alibaba Group Holding expands its Southeast Asian footprint by partnering with Singapore-based Lazada Group

With the emerging e-commerce boom tapping only a fraction of retail brick and mortar sales, the vast potential for e-commerce has made Southeast Asia a battle ground for the world’s top online sellers, who are rapidly expanding their footprint in order to corner more marketshare. In a movie that marks the expansion of partnership between…

Bargain hunting shoppers try to beat rising inflation in Britain

The effect of Brexit is steadily having an impact on the British economy. As per the results of a survey, British shoppers are increasingly looking for bargains to offset rising inflation with employers finding it difficult to recruit migrant workers. These trends are a result of 2016’s Brexit referendum. As per the British Retail Consortium,…