Walmart Inc is stepping up its battle with Amazon.com Inc by offering one-day delivery without a shipping fee, weeks after Amazon announced a similar offer – a move that will intensify the race to deliver orders to shoppers faster. On April 25, Amazon said it plans to deliver packages to members of its loyalty club […]

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London’s Burlington Arcade, home to a growing portfolio of luxury watch and jewrellery retailers, has sold for £300m. The retail area, which houses over 20 jewellery companies, originally went up for sale for £400m at the start of last year. Now, over 12 months later, Thor Equities and Meyer Bergman has exchanged contracts on the […]

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The digital commerce market in the country is expected to cross $50 billion in value by the end of 2018 from the current level of $38.5 billion, on the back of a growing internet population and increased online shoppers, says a recent study. The e-commerce market in India has grown steadily from $19.7 billion in […]

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Online retail spend on Christmas day will reach £844m, a 6.3% uplift on the same day in 2016, IMRG, the UK’s industry association for online retail, predicts. Online shopping on Boxing Day is also forecast to exceed a billion for the first time, reaching £1.03bn, a 7.9% increase on 2016 when total spend was £954m. […]

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