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Online spending by U.S. bargain hunters climbed to above $1 billion by Thanksgiving evening, according to Adobe Digital Index, surging almost 14 percent from a year ago and reflecting a broader trend away from brick-and-mortar shopping.
Move by stores to offer holiday discounts earlier in November is a strategy that seems to be paying off
Two members of Lithuanian parliament (MPs) said on Tuesday that recent major retailers' decisions to demand to see the identity cards of customers buying alcohol, lacked reasoning and vowed to take legislative measures against the step.
Four Chinese cities have made the list of world's top ten favorite destinations for luxury retailers, according to a report released on Thursday.
The lines between online retail platforms and bricks-and-mortar stores are set to get blurry.
The online sales tax act is not fair and could bring damage to small enterprises and the jobs they create, said John Donahoe, chief executive officer of eBay Inc., one of the world's leading e-commerce companies, Tuesday.