Home Posts Tagged "Online Shopping"

Online Shopping

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We live in an era wherein online shopping is the most preferred way of shopping by a majority of people in the world. Adding …

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Trends come and go but online shopping is here to stay. This statement might seem a little out of place but it makes complete …

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SUMMARY: According to a global research and advisory firm, UK online retail sales are outstripping those seen in the US by percentage of all …

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The way Americans make their purchasing decisions has been dramatically altered. More consumers are avoiding the stores and shopping with their smart phones and …

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Latest reports by the British Retail Consortium as well as an independent data compilation by the financial services company, KPMG, from most of Britain’s leading retailers, brought happy news. Unexpected higher spending by retail consumers in the month of May has left a comforting after-feel in the UK retail industry.

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The annihilation of UK High Streets nears, according to the newest report. According to estimates, one in five stores in the UK would close by 2018, leaving more than 300,000 jobless. This alarming tendency, which has been already observed on High Streets, is driven by not only harsh economic conditions but also the growing popularity of online shopping.

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While the world is changing, habits of nations are being changed as well. Recent research indicates that Britain not only has become a mobile device-obsessed nation, but also a nation which is highly addicted to online shopping. Britons use their smartphones and tablets to search for TV programs and shopping offers as well. And Britons are top internet shopaholics!

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Here it comes, after days of waiting Cyber Monday deals are to begin. The phantom of the Thanksgiving evening, Black Friday and the weekend is slowly fading away to be replaced by Cyber Monday, which is expected to be the busiest online shopping day of 2012.

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Groupon Inc., online shopping giant, on Monday published its quarterly profit as its shares dropped by nearly 20 percent due to revenue miss and investors’ concern over growth in the next months. Groupon’s shares lost almost a fifth of their value because revenue missed estimates due to economic situation in Europe. Although the company’s second-quarter earnings doubled expectation, shareholders concentrated on revenue miss and punished the stock.

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