Fashion brand MANGO is planning to open 60,000 new square metres of selling space in 2019. This extra selling space will be used for company stores and franchises all around the world. MANGO has started implementing a retail model based on opening larger stores and the closure of smaller stores a few years ago. In 2019, the net balance of new selling space will be 15,000m².
The official Xinhua news agency reports that the Bank of China’s New York branch will enable Chinese firms to receive payment in Yuan rather than Dollars from their sales on U.S. e-commerce platforms this year. Pledging to introduce more services for small and medium-sized enterprises engaged in cross-border trade between the United States and China, executives from the branch
A MasterCard report shows a robust holiday shopping season for the American market. Holiday sales increased 5.1% to more than $850 billion this year. This is the strongest growth in the last six years. Online shopping also saw large gains of 19.1% compared to 2017. “From shopping aisles to online carts, consumer confidence translated into holiday cheer for retail,” says Steve
There is an Amazon Germany workers strike taking place at two of Amazon‘s German warehouses. With just a week to go before Christmas, it’s raised concerns that gifts might not arrive in time. German news agency DPA has reported that workers in Leipzig (East Germany) and Werne (West Germany) went on strike on Monday morning. Amazon has 10 warehouses in Germany, located in Bad
According to Betaalvereniging Nederland, payment transactions have increased a lot over the Black Friday weekend. From Friday, November 23rd to Monday 26th, the popular payment method iDeal and normal debit cards were used a lot more. The number of iDeal transactions rose 72% compared to normal. For debit cards, the increase was 16%. In total, a turnover of about 2.35