China Beats to All Other Countries in Online Shopping

Chinese are more likely to shop online than consumers from any other country, according to the latest survey by the International Post Corporation, a Brussels-headquartered association on postal services. In the second annual study of 24,000 respondents in 26 markets across North America, the Asia-Pacific and Europe, the IPC found that 36 per cent of Chinese buy from digital sites at least once a week, a frequency far outstripping peer buyers, People's Daily reported. China is also the most popular market for consumers around the world to shop from, accounting for 26% of the most recent cross-border purchases, followed by the US with 16%, Germany's 15% and the UK 15%. Purchases from China are more popular with younger people...

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Shopping Tips: 4 ways to save yourself from Cyberattacks while Online Shopping

Online fraud spikes during the holiday shopping season, as people searching for the perfect gifts take to cyberspace and head to traditional stores armed with their smartphones. "The Pandora's box of cyberattacks is about to open," says Pete Tyrrell, chief operating officer for Digital Guardian, a Waltham, Massachusetts-based data protection firm. "The cybercriminals are getting more and more creative — and at the end of the day, it's your personal information at risk." Here are some tips for protecting yourself and your information from online Grinches. 1. Beware of gifts of free WiFi It's awful tempting to sign on to a store's free WiFi while you're out shopping, especially since store walls are notorious for blocking or weakening...

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'Look under the hood' when it comes to Handbag Maker Michael Kors

Premium handbag maker Michael Kors posted better-than-expected earnings results Tuesday. However, retail analyst and Telsey Advisory Group CEO Dana Telsey said it's important to dig below the surface."I think, overall, when I look at the name, I think yes, you had a sequentially improved comp, earnings came in better than expected, but look under the hood," she told CNBC's "Fast Money: Halftime Report" Wednesday. "The reason why the numbers are better than expected: You had lower SG&A, lower tax rate, you had a share repurchase."Telsey added that the handbag industry is decelerating off a larger base but Kate Spade might still be a good buy."I think the difference between KATE and KORS, it's a smaller business, it's off a smaller base,...

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Michelle Obama's sold out her one Dress at $2,095

Good luck getting your hands on Michelle Obama's State of the Union dress. The Internet went into a flurry Tuesday night when the First Lady was spotted in a marigold Narciso Rodriguez dress, while President Barack Obama was delivering his (presumably) last address to Congress. But frenzied shoppers were quickly disappointed, when they learned that the designer frock was sold out on Neimanmarcus.com. The dress, which was originally priced at $2,095, was marked down to $628 on Black Friday. It was part of the designer's fall 2015 collection, which was shown on the New York runway in February....

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Wilko latest store due to open at The Fort Shopping Centre

Wilko is the latest new store to open at The Fort Shopping Park in Birmingham. The home and garden retailers will be opening on the site previously occupied by Mothercare on January 14 at 9am. It will create 62 new jobs for staff working in the 14,475 sq ft store. The shop will join the soon to be completed Primark Store which is being built in the space left by three departed businesses – Game, HMV and Home Sense. It is also being expanded at the back and by the time it is finished will cover 44,300 sq ft (retail), giving it more floor space than any other store on the site. Due to open the spring, the new shop will employ around 175 people. The branch manager of Wilko Fort, Carole Ballinger, said: “The Fort is a popular...

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Flipkart becomes India's top Entrepreneurs in 2015

Flipkart co-founder Sachin Bansal topped the list of entrepreneurs in India in 2015, beating stalwarts of Indian business like Anand Mahindra, Sunil Mittal and Chanda Kochhar among others. As per 'The Goonj India Index 2015: 7 Deadly Indian Sins' report made exclusively available to Zee News, Sachin Bansal bagged first position among all the entreperneurs of India in the year 2015. This was followed by Chanda Kochhar, Shiv Nadar, Rahul Yadav and Vishal Sikka. At the Goonj India Index 2015, Sachin Bansal became number one entrpreneur of 2015 with 5.36 GPM while Uday Kotak was the last in the list with 0.87 GPM. Others in the list are: Chanda Kochhar (4.39 GPM), Shiv Nadar (3.58 GPM), Rahul Yadav (3.38 GPM), Vishal...

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Now Restaurants, shopping malls and theatres likely to be open 24x7

If the state governments agree with the proposal of the centre, it is very likely that shopping malls, restaurants, theatres and local markets will soon be open round the clock, i.e. 24X7, 365 days a year. As per a report in the Economic Times, the government has proposed the state governments to do away with mandatory rules of store closures and replace them with a model law that it is preparing which allows malls, restaurants and theatres to be open round the clock. This would bring the online and offline shopping to a same level. “We have begun discussions... the first draft of the new law is likely to be finalised in a month”, the ET quoted an official of the Ministry Labour. In line with a move to improve the...

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