Shopping News, Views, Gossip, Photos, Video

Through the ups and downs, online purchasing is here to stay; the future of retailing is in multi-channel distribution. Physical shops that offered virtual buying in the course of the lockdowns had seen a 70% to 80% drop in business since early 2022; online business at meals and beverage (F&B) retailers had fallen by 50% to 60%. Pure-play retailers that mainly promote online, had enjoyed a spike of their businesses through the lockdowns but noticed transactions fall by 20% to 90% after that, stated RGM managing director Tan Hai Hsin. Following the pandemic, greater than half of the survey’s respondents now shop online extra frequently and rely on the web more for news, health-related data and digital leisure. ​​​ Latest data from the Reserve Bank of India showed that 7.three crore bank card holders spent about Rs sixty eight,327 crore for buying online while …