World news

With such eye-opening figures, it’s little wonder there’s so much excitement surrounding the future of online retail. Ecommerce enjoyed a record-breaking year in 2018, with global sales revenues estimated to have...

The company plans to create a regional stores’ chain under the Jasmine brand from 40 sites in 12 countries in the Middle East. The first Middle Eastern boutique of the Ukrainian brand Jasmine underwear is located in...

According to new research by Harvard professor David Ngwe, some retailers use “fictitious pricing,” a practice where retailers list an original price on a product that does not truthfully reflect prior selling...

Russian billionaire Mikhail Friedman and his partners are ready to spend 800 million euros on the Spanish grocery retailer DIA’ purchase and make the company a market leader. The great Spanish retailer DIA’...

As the competition in the industry grows tighter, e-commerce stores are doing their best in finding new and efficient ways to promote themselves. They’ve tried digital ads and email marketing (which is, without a...

The transaction amount, according to which several dozen stores are transferred from the Casino Group to a German retailer, is estimated at 42 million euro. The portal Allretail writes about it. It is noted in the...

IDNT Founder and CEO Nikolai Chumak attended NRF Retail’s Big in New York. He talks about innovations and major trends in global retail in his column. A couple of weeks ago, the largest event in the world of this...

In 2018 Amazon Corporation recorded $10.1 billion net profit. For the year ended 2018, December 31, the net profit amounted to $20.14 per share, and the revenue reached $232.9 billion. Both figures increased markedly...

In the IV quarter of 2018 the world’s largest Internet-auction eBay Inc received $760 million net profit. In October-December, eBay received $760 million net profit, or 80 cents per share, compared with $2.6...