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Some 305 of Primark’s 389 global stores are shut – including all 190 UK shops – however not like rivals it has no online arm to fall back on. Primark says it has no plans to sell its clothes online despite warning that lockdown store closures might price it more than £1bn in lost gross sales. But will most likely be difficult to shut Pandora’s Box as soon as it has been opened. Even when most shoppers may return to old habits, those who have discovered worth and satisfaction with their online experience might persist with their online consumption.

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The survey finds that while eighty four per cent of Indian teenagers love shopping online, sixty seven per cent of them proceed to pay in money and 52 per cent pay using their parents’ debit/credit card. With the approaching vacation shopping season, customers must keep vigilant as reviews of gift card fraud increase this yr. Kwan said online logistics providers had made it simpler for small and medium-sized enterprises, as properly as individual sellers, that function on social media platforms such as Facebook and Instagram to fulfil deliveries. Ghost shopping malls with a emptiness rate of 40% or larger in 2023 are on the rise, with a 59% year-on-year improve in high eight metros, resulting in thirteen.three million sqft of retail house remaining vacant.