Visa has filed a counterclaim against Wal-Mart, alleging the retailer has reconfigured its payment terminals to only accept debit-card PIN transactions.
China’s cross-border e-commerce has increased by 50 percent over the past year, according to a report from eMarketer, and Aussie retailers are well-positioned to cash in on the growth.
Canada Post is facing a strike that would cause massive disruptions to deliveries across the country, including to incoming parcels from international retailers.
While Big W’s turnaround strategy appears to be upsetting suppliers and staff, it’s part of a broader problem with Australia’s discount supermarkets.
Alibaba founder Jack Ma has penned an opinion piece for the Wall Street Journal addressing earlier comments where he appeared to defend fake products.
Following a successful launch on the ASX last month, AfterPay continues to carry the mantle of hottest thing in online payments, winning an innovation award at the inaugural Australian Fintech Awards.
Kate Hudson’s active wear brand Fabletics and Singapore-based online discounter Scootprice have come under fire from the ACCC for subscription trap practices.
Coles is trialling its first online-only dark store in Melbourne with an eye to improving efficiencies in online order fulfilment.
Mega-retailer Wal-Mart has announced a strategic partnership with China’s second-largest online retailer JD.com, selling its e-comm platform to JD for a 5 percent stake in the company.
Wal-Mart Canada and Visa are in the midst of a public fight over transaction fees, with Wal-Mart stating it will start rejecting Visa cards from next month.