Most Europeans shop online every week or more, spending an average of over 340 euros a month. They mostly buy fashion, pay for bills or order food. One in three purchases are made crossborder. Ireland, Germany and Israel buy internationally the most, while France is the least likely to buy outside of the country.
These are some of the results of the new PayPal e-Commerce Index. Over 15,000 consumers aged between 18 and 75 took part in the study. Additionally, more than 4,000 B2C-retailers participated in the survey, which covered 12 countries in Europe.
Dutch and Greeks shop online most…
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I’ve made many impulse purchases in my life, but the first one that I found truly unsettling was a pair of Nike VaporMax sneakers. It was July 2018, and I was mindlessly tapping through Instagram updates while waiting to meet friends for lunch. That’s where I saw the sneakers, tucked between photos of last night’s outfits and this morning’s bagels: futuristic, baby pink, and a new arrival, according to the ad. This was the heyday of artificial sneaker scarcity, when every design worth a damn was sold out before you even had a chance to decide if you liked it.…
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NEW YORK (AP) — A fire at a New York City e-bike shop quickly spread to upper-floor apartments and killed four people early Tuesday in the latest deadly blaze linked to exploding lithium ion batteries.
The fire, reported shortly after midnight, happened at a shop that was cited last summer for safety violations related to the storage and charging of batteries, officials said. Investigators determined that it was an accident caused by a lithium ion battery, which could overheat while being charged and explode in an intensely hot flare of flame, fire officials said.
A pile of burned bikes, scooters…
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As Black Friday and Cyber Monday deals pour in from almost every major retailer, many of us are in heavy-duty shopping mode. According to data from RetailMeNot, we’re set to spend an average of $803 from Thursday through Monday alone, with about half of these transactions done online.
Personally, I’ll probably be doing close to all of my holiday shopping online. It’s easier and more convenient for me on just about every level: I’m less tempted by impulse purchases so I can better stick to my budget, I can easily search coupon codes and cash back bonuses using browser extensions…
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More Americans are shopping online for groceries and doing it more often since the onset of the coronavirus pandemic, according to a new survey by Inmar Intelligence.
Of more than 300 US consumers polled, 78.7% reported shopping online for groceries after the COVID-19 outbreak, up 39% from before the pandemic, said Winston-Salem, NC-based Inmar, which provides data analytics and technology solutions for retailers and manufacturers. What’s more, 56.7% of respondents said they shop for groceries online more often now than before the pandemic.
Related: Podcast: Higher tech use reshapes grocery shopping, Inmar’s Jim Hertel says
The World Health Organization (WHO)…
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Since the coronavirus pandemic began, consumer behavior has changed, with more shoppers seeing their local food shops and independent businesses in a new light. Support for independents has become known as they show their value in terms of their unique offering, first-rate shopping experience and convenience for the customer.
This retail trend will not peter out – in fact, recent research by ThoughtWorks found that only half of Britons (49%) expect to buy their food from supermarkets or major retailers in the future.
Is ‘shop local’ a long-term trend?
In its 2030 Britain study, ThoughtWorks found that, after a year…
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Whether it’s work from home, remote work or hybrid work, by any name these models almost all equate to losses for small, physical retailers in business districts.
Those most affected are the coffee shops, lunch spots, hair and nail salons, pharmacies and other businesses that have historically made their money on office workers.
But while the changing urban landscape and office property story continues to unfold now three years on from the original COVID jolt, new PYMNTS data suggests this shift also holds benefits for the digital corner of the retail sector.
According to the study, “How The World Does…
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Online shopping has become a lifeline for many as the virus pandemic shuttered stores and kept people at home.
The COVID-19 pandemic has accelerated the change in how people shop in a world growing more comfortable and savvier with technology.
E-commerce sales’ strong growth is expected to continue long after the virus subsides. More importantly, online sales are likely going to take up a progressively larger portion of all retail sales in coming years. E-commerce sales are forecast to account for just over 15% of all retail sales in the fourth quarter of last year, according to Refinitiv, and the…
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