Chinese online retailer JD.com will invest more than 20 billion yuan ($3.11 billion) in the country’s northeastern “rustbelt” regions over the next three years, the Xinhua news agency reported on Thursday.
A plan by Norway’s government to phase out fur farms by 2025 dismayed producers and delighted activists on Monday as a sign that fur is out of fashion even in a nation that was once the top producer of fox pelts.
China's second-biggest e-commerce firm JD.com has kicked off a fundraising round at its logistics unit with a target of at least $2 billion, and eventually plans to list the business overseas, sources said.
Japan’s economy is gathering steam, profits are at record levels and companies are poised to raise wages, yet retailers are struggling to lift prices for fear of losing customers used to nearly two decades of deflation.
The U.S. Supreme Court on Friday agreed to decide whether to let states require online retailers to collect billions of dollars in sales tax, taking up South Dakota’s dispute with three e-commerce companies.
On 11 January, Dutch department store chain de Bijenkorf announced that it is closing its Woerden-based distribution center. De Bijenkorf plans to merge and outsource all distribution activities to a new partner in 2019.
UK consumers who shop online already are becoming more online-focused than ever and are increasing the amounts they buy via webstores, a new report shows and more than half of women buy clothes online.