ASIC has addressed concerns over the online bookstore’s plans to raise $10 million in equity through crowdfunding – see Booktopia’s response.
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April Davis is the Editor of Power Retail and comes from a background in both the print and digital publishing spheres. When she's not immersed in all things e-commerce, she's either eating way too many doughnuts or talking to her dog in a ridiculously high-pitched voice.
According to the National Retail Association (NRA), online retailers are set to make a pretty penny in the final 10 days before Christmas.
Power Retail’s first ‘Spotlight Series’ report has revealed that 1.8 million Australian consumers are actively using buy now, pay later services, representing a growth rate of 120 percent per annum.
The New Zealand-based marketplace has reportedly accepted a $2.4 billion bid for a 100 percent stake in the online business.
Sports apparel retailer, Under Armour has reportedly fired two of its executives after an internal review revealed questionable spending within the marketing department.
Target US has released a new augmented reality (AR) app to help customers better visualise the company’s Christmas decorations in their own spaces.
There’s been a recent resurgence in the popularity of subscription e-commerce models, with plant start-up, Botanic Box looking to capitalise on this shift in consumer preferences.
The online shopping boom has seen the November retail calendar ramp up, with the pressure on to offer the best discounts and drive the most traffic. In the US, one retailer was the clear winner in 2018.
Amazon Prime hit some new milestones in 2018, with the online goliath claiming worldwide adoption of its loyalty program is at an all-time high and orders are being fulfiled in as little as eight minutes.
According to new data from CommBank, 85 percent of Millennials will spend $1,000 on Christmas shopping – $400 above the national average.