Tag Archives: Online Shopping

Indian e-commerce boom looms

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(Inside Retail Asia | 18 May 2017) An Indian e-commerce boom is imminent thanks to burgeoning numbers of internet and smartphone users. The founder and CEO of online women’s fashion store Trend Arrest, Nitin Bhatia, predicts that by next year there could be 500 million internet and 280 million smartphone users. He says new users are fueling growth daily and ...

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Invest in online retail, malls told

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(Source: Sunstar | 18 May 2017) Amid rising vacancy in retail spaces, a property management and research firm advised mall operators to invest in online shops as a way to “future-proof” their business. Colliers International said the overall vacancy in Metro Manila, for instance, is seen to rise to 10 percent to 11 percent, following the completion of about 500,000 ...

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Retail store job cuts deepen as more buyers migrate online

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(Source: Manila Bulletin | 8 April 2017) Retail stores in the U.S. are cutting jobs at the sharpest pace in more than seven years with combined 60,600 retail job losses over the past two months as Americans increasingly shop online. Traditional stores, from J.C. Penney to Macy’s, have accelerated store closures and are experimenting with the use of fewer employees ...

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Ikea Japan launching online store

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(Source: Inside Retail Asia | 27 February 2017) Ikea Japan will make a full-fledged entry into internet sales, offering nearly all store items through a dedicated website to launch in late April. Plans call for selling 9000-odd products, excluding food and plants. They will initially be shipped from the nation’s nine Ikea stores. When coverage expands there will be direct ...

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Retailers give shoppers new reasons to use mobile phones in stores

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(Source: ABS-CBNNews | November 23, 2015) At some Macy’s outlets this holiday season, shoppers who download the retailer’s app will be able to use their smart phones to guide them through the store to products they’re seeking. At JCPenney, customers will be able to take a snapshot of, for example, boots worn by a person passing by and quickly find ...

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A Paradigm Shift In Retail Consumer Behavior

Retailers Hope Post-Christmas Sales Will Save Bottom Line

(Source: timetrade  ) TimeTrade recently conducted a survey of 1,029 consumers regarding their perceptions and habits around retail shopping. Results indicate that 85% of consumers go into the store to “touch and feel things” and 71% prefer to shop in Amazon’s physical store versus Amazon.com These statistics show that retail is seeing a paradigm shift in consumer behavior. Consumers are ...

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How Lazada built a mall on the internet

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(Source: Manila Standard Today | By Roderick T. dela Cruz, Darwin G. Amojelar | May. 16, 2015 ) Inanc Balci, a banker from Turkey, was only 26 years old when he first came to the Philippines in 2012 to establish a startup company selling goods online. That company has quickly thrived on the expanding market of tech-savvy Filipinos and turned into ...

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Lazada to hold first mobile power sale on Feb 25

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Source: Rappler.com | Feb 21, 2015 One-day-only ‘flash sale’ comes amid changing consumer habits MANILA, Philippines – Lazada, the Philippines’ largest e-commerce website, is holding its first Mobile Power Sale on Wednesday, February 25. The Mobile Power Sale will be a one-day-only event only through the Lazada Mobile App and will feature steep discounts for customers. Highlights of the flash sale ...

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SM Store joins shopping evolution in online retail site

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(GMA News Online | By Danessa O. Rivera | Dec. 15, 2014) The evolution of shopping via e-commerce has prompted the retail arm of SM Group to launch its own online presence. The thesmstore.com went live Monday, and the company plans to have nationwide coverage in 2015. “Our commitment is to provide convenience and accessibility to our customers through innovation. ...

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