According to US Department of Commerce (DOC) estimates, online sales represent a minuscule percentage of overall retail sales. In 2007, only 3.2% of total retail sales took place on the Internet.
According to US Department of Commerce (DOC) estimates, online sales represent a minuscule percentage of overall retail sales. In 2007, only 3.2% of total retail sales took place on the Internet.
New Delhi: Italian travel items and lifestyle brand Piquadro, which had recently opened a store in the capital, mulls setting up 15 such showrooms by 2012-13, eyeing the Rs 800 crore Indian branded luggage market. The 40 million dollar company is seeking at tapping the corporate and fashion gifts market and has set up a […] ↓ Read the rest of this entry…
Retail sales figures for December will reflect a poor Christmas season, the British Retail Consortium said on Thursday as fears grow that the country is entering a deep recession. A traditional last minute rush for gifts and heavy discounting in the run up to Christmas had raised hopes consumer spending might hold up through the […] ↓ Read the rest of this entry…
French retail giant Carrefour will cut the prices of selected goods at its 125 outlets in China from Friday through Feb. 9 to boost sales amid the global financial crisis. The prices of rice, cooking oil, candy, wine, food, festival gifts and other commodities, will be slashed by 20 to 30 percent, said Li Jia, […] ↓ Read the rest of this entry…
SYDNEY — Thousands of Australian shoppers rushed to department stores Friday to pick up post-Christmas bargains, leaving retailers predicting bumper sales despite the economic crisis. Crowds gathered outside major shops in Sydney, Melbourne and other major cities hours before the doors opened from 5:00 a.m., to be the first to snap up the traditional Boxing […] ↓ Read the rest of this entry…
TOKYO (AFP) – Japan’s Nissin Foods, the inventor of instant noodles, said it would spend nearly 300 million dollars on entering Russia, where it eyes a growing market for its fast food meals. Nissin Foods Holdings Co., known for its flagship Cup Noodle products, said it planned to buy around a one-third stake in Russia’s […] ↓ Read the rest of this entry…
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