Sainsbury’s opened a giant superstore near Birmingham on Wednesday but it was more than just a new branch opening with the concept featuring department store elements, as well as its regular supermarket offer.
States are passing laws requiring online sellers to collect and remit sales taxes - including laws covering spending online during the holiday shopping season. But analysts say this might not give states what they hope.
SoftBank’s Vision Fund is investing an additional $2 billion in South Korea’s top e-commerce firm Coupang, the retailer said on Tuesday, as the loss-making startup seeks to cement its market dominance.
Investors who bought insurance meant to mitigate losses from Sears Holdings Corp's bankruptcy proceedings are claiming that a hedge fund that sold the insurance is improperly influencing market proceedings.
Almost three quarters of consumers are intending to shop either online or in stores over the upcoming holiday weekend, according to a Deloitte study, with Cyber Monday expected to attract the biggest spend.
Flipkart is working to regain stability following the departure of its co-founder and Flipkart Group CEO Binny Bansal. CEO Kalyan Krishnamurthy is reportedly negotiating a number of senior hires for the company.