E! Insider Shop News, Photos, And Videos

Through the ups and downs, online shopping is here to stay; the future of retailing is in multi-channel distribution. Physical shops that supplied digital buying through the lockdowns had seen a 70% to 80% drop in enterprise since early 2022; online enterprise at meals and beverage (F&B) retailers had fallen by 50% to 60%. Pure-play retailers that primarily sell online, had loved a spike in their businesses in the course of the lockdowns however noticed transactions fall by 20% to 90% after that, said RGM managing director Tan Hai Hsin. Following the pandemic, more than half of the survey’s respondents now shop online extra incessantly and rely on the web extra for news, health-related info and digital entertainment. ​​​ Latest data from the Reserve Bank of India showed that 7.3 crore credit card holders spent about Rs 68,327 crore for buying online while …