The European Union’s plans to increase taxes on digital firms risks undermining the bloc’s growth and stifle global efforts to find common solutions, U.S. companies operating in the EU said on Tuesday.
91% of shoppers plan to shop at physical stores, 92% of which are millennials. The ICSC expects consumers to begin shopping before Thanksgiving, and over a quarter of consumers began shopping in August.
SAP, Europe’s biggest technology company, has agreed to buy U.S.-Israeli customer identity software company Gigya to strengthen its position in the booming market for online customer relationship marketing.
Benetton is staging an exhibition called I See Colors Everywhere in Milan this week. Visitors will be “immersed in a story of colour,” as told by clothes and works by Fabrica, its art and comms research centre.
A study on shopping behaviors has revealed that millennials prefer to shop for the best prices in store while baby boomers are the ones shopping online, potentially shedding light on what triggered the retail apocalypse.
Steinhoff said it had presented its arguments to a Dutch court and was certain a petition made by a former joint venture partner, seeking a probe into the South African group’s accounts, would be dismissed.
California shoppers suing TJX Corp in a class action suit over deceptive marketing practices on the company's price tags are now asking the court for an $8.5 million dollar settlement to cover the 8 million member class.