Shopping

Economy Inflation takes joy out of festive season shopping Friday December 22 2023 Data reveals that the prices of essential festive food items have surged at unprecedented rates. PHOTO | SHUTTERSTOCK As Kenyan families…

Retailers are locked in the final sprint to finish the all-important holiday season, but many are also thinking about how to supercharge tomorrow’s sales by tapping into the power of generative artificial intelligence. Executives from…

Drazen Zigic/iStock via Getty Images Investors have been somewhat cautious about the retail sector on worries that inflation is still having a major impact with consumers and affecting the level of discounting in key categories.…

Customers and businesses who bank with HSBC UK are facing disruption on one of the busiest days for online purchases after the lender’s mobile and digital services were hit by an outage. The group said it was investigating the…

Ikea’s parent company has bought its second UK shopping mall, in Brighton, for an estimated £145m as part of efforts to bring its furniture stores into city centres. The world’s largest furniture retailer plans to convert an empty…

Online retail sales have contracted at the sharpest pace on record this month, dragged lower by people cutting back on their spending because of higher interest rates and an uncertain economic outlook. Monthly internet sales dropped to…

TikTok’s Shop marketplace, the video app’s biggest bet for new revenue growth, has gone live for some users in the US. So far, it’s a showcase for cheap goods from China. The social media app’s Shop option, prominently displayed between …

One of last week's major news headlines in Israel was that the US had approved the sale of the Arrow 3 missile defense system to Germany for $3.3 billion - Israel's biggest ever weapons system deal. To put matters into…

Big Shopping Centers (TASE: BIG) plans to close all of its malls this Tuesday. The company announced this morning that if the Knesset passes the bill abolishing the reasonableness test in judicial review of executive…

Malls are much more than a place to buy new clothes or a birthday present for your loved one. In recent years, they have become an exciting social hub serving to strengthen communities and shape urban areas. Online shopping continues…