Asia’s Online Shopping Boom Is Making It Harder to Track Inflation

Statistics Office considering including e-commerce in retail inflation data as early as this year; could herald lower prices in short term: senior government official. “There’s loud thinking on including online sales in inflation,” said M.V.S. Ranganadham, statistics ministry director general; “We don’t have …

They were always good at manifestos, were the Pet Shop Boys, from this to that line about “Che Guevara and Debussy to a disco beat” to a brilliant 1992 Select piece by Tennant in which he defended the importance of hating things. This is why he and Lowe are among the finest chroniclers of English life …

Sonshine points to a 36-story building across from his office window in midtown Toronto as the best example of his vision: a new rental building located near the subway, a large shopping mall, offices and restaurants. RioCan has five buildings under construction in Calgary, Ottawa and Toronto so far, and …

Shoppers look to EBay for unique items at good prices and quick delivery is not the only factor that influences their spending decisions, Chief Executive Officer Devin Wenig said Tuesday in San Francisco at a technology conference sponsored by Goldman Sachs Group Inc. Wenig sought to convince …

To spur growth, Target is revamping its supply chain, strengthening online delivery services, investing in its own brands and employees, and connecting its online and store shopping experiences for customers, Chief Executive Officer Brian Cornell said at an investor meeting at Target’s headquarters in …

But as Chinese consumers started staying home to shop online, retailers have seen sales plunge. The company has also pivoted Nanjing Xinjiekou’s business toward health care. The conglomerate acquired China Cord Blood Corp. in 2015 for $1.4 billion and Dendreon Pharmaceuticals last year for about …

Walmart’s app will add a feature called Store Assistant, which activates when shoppers walk in the door. The goal is to make it easier to build shopping lists while calculating costs and quickly locating items. Maps will eventually be available for all of the chain’s 4,700 U.S. stores. The app will also show if a …

The major public market was booming until around three years ago, when so-called bakugai (explosive shopping sprees) by Chinese tourists were all the … Compared with three years ago, Yonamine said his shop’s profit has been reduced by about 50 percent. … The original article was published on Feb.

Even as it builds a logistics infrastructure, the company is educating people new to online shopping. Amazon has partnered with neighborhood shop owners, who show customers how the website works, help them compare products and prices and then order the merchandise to the store. (Shopkeepers are …

Dramatic pictures have laid bare the extent of damage caused to a Lidl store looters allegedly used a digger to attack it. Striking images show huge sections of the Dublin supermarket’s roof completely caved in and the building surrounded by debris. Eight men have been charged with theft, burglary and …