Consumers will have wider and easier cross-border access to products, hotel bookings, car rentals, music festivals or leisure park tickets in the EU, under new rules addressing unjustified geo-blocking. The legislation approved by the European Parliament in February 2018 begins applying on Monday, 3 December. Róża Thun (EPP, PL), who steered this legislation through Parliament, said: “This is another step forward in creating a true single market where all consumers are treated equally. When buying products abroad, all of us will now have the right to be treated like local consumers. We can no longer be denied access to the…

More than three-quarters (77%) of consumers globally continue to believe marketplaces are the most convenient way to shop online, a 10% increase year-over-year In second annual survey, Consumer Preferences in the Digital-First Economy, a clear majority of consumers globally are prioritizing value over brand loyalty — putting pressure on retailers to adapt BOSTON, Jan. 31, 2023 /PRNewswire/ — Mirakl, the industry’s first and most advanced enterprise marketplace SaaS platform, today released its annual consumer data report, Consumer Preferences in the Digital-First Economy. This second edition of the report surveyed 9,600 global consumers regarding their preferences and habits when shopping both…

Nordstrom’s decision to close all its stores in Canada and seek protection from its creditors is just the latest example of a US retailer setting up shop to much fanfare, only to have it all fizzle out. Less than a decade after launching in Canada, the US chain announced Thursday it will shutter all 13 of its department stores across the country in the coming weeks as it puts its focus on its domestic operations and jettisons a Canadian division that has never managed to eke out a profit. Court filings show that in 2022, Nordstrom’s Canadian division sold about…

The annual sales season is officially in full swing, with thousands of retailers across the country currently offering huge discounts on their products and services. But don’t be easily swayed by flashy discount signs and too-good-to-be-true bargains. Navigating the winter sales period can be a minefield and could end up costing you more, or leaving you at risk of being scammed. That’s where Which? can help. We’ve highlighted the most common shopping blunders to dodge, including purchasing at the wrong time, buying from dodgy retailers, and skipping over returns policies. Read on to find out the pitfalls to avoid and…

Ordering items for delivery from the local store may help customers minimize their carbon footprints. Computer simulations of shopping trips and deliveries in the United Kingdom allowed researchers to estimate the carbon emissions associated with each item purchased through different means. On average, deliveries by a local shop resulted in less than half as much carbon dioxide being emitted per item as deliveries by online-only retailers, which deliver items through package distribution centers, researchers report online February 26 in Environmental Science & Technology. Local deliveries also boast lower emissions than in-person shopping. Environmental scientist Sadegh Shahmohammadi and colleagues simulated thousands…

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We have already established that ROE serves as an environment friendly profit-generating gauge for a company’s future earnings. We now want to judge how much revenue the corporate reinvests or “retains” for future progress which then provides us an thought about the progress potential of the company. Assuming every little thing else remains unchanged, the upper the ROE and profit retention, the higher the growth rate of a company in comparability with firms that do not essentially bear these traits. Get timely, trusted tech news from BBC correspondents around the globe, every Monday and Friday. Gadget Flow has a big,…

Mail Sport revealed in this week’s Man United Confidential column that a scout from United was in Porto Alegre last week to run the rule over Gremio left winger Gustavo Nunes, one of the newest rising stars to come back out of Brazil. Gustavinho, as he has been affectionately nicknamed by Gremio followers, solely made his senior debut for the membership in February but has already attracted interest from Man City, Liverpool and Arsenal. Protestors are set to focus on the upcoming Tour de France and Giro d’Italia races, with tensions likely infected by Michelle Froome’s tirade in opposition to…