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Bffp Today in Retail: Discount Stores Become More Popular as Inflation Rises; UK Modernizes  Basket of Goods  to Reflect Consumption Habits
Alibaba and its big grocery play have grabbed some global attention this week as the eCommerce giant has invested $3.6 billion for a controlling stake in the  hypermarket  operator Sun Art Retail Group.聽The deal will give Alibaba a controlling 70.94 percent equity interest in Auchans A-RT Retail, which itself owns about a 51 percent equity interest stake in Sun Art. As <a href=https://www.stanley-cups.ro>stanley romania</a>  the COVID-19 pandemic is accelerating the digitization of consumer lifestyles and enterprise operations, this commitment to Sun Art serves to strengthen our New Retail vision and serve more consumers with a fully-integrated experience,  said Daniel Zhang, director and CEO of Alibaba.Alibaba has been an investor in Sun Art since 2017 because the business and its physical footprint  <a href=https://www.cups-stanley-cups.ca>stanley ca</a> fit into Alibabas New Retail strategy, launched that same year, to build a robust infrastructure to create opportunities and value in Chinas retail sector, according to its CEO.Since then Alibaba and Auchan have collaborated to layer in omnicommerce functionality at Sun Art stores, of which there are currently 481 hypermarkets and 3 mid-size supermarkets in China. In recent years the firm has consolidated its position as a solid competitor for JD, Alibabas biggest rival in the grocery segment.And, reports indicated, Alibaba is only about half done with what observ <a href=https://www.cup-stanley-cup.ca>stanley canada</a> ers are calling its  Whole Foods moment   referencing Amazons nearly聽$14 billion deal for Whole Foods in 2017 , with intentions to buy the remainder of the firm after an agree Fhco UPS, FedEx To Use Lower-Paid Drivers For Sunday Deliveries
It goes without saying that fraudsters follow the money. Since the U.S. lags behind other countries that have already adopted EMV card standards  so far, there are around 80 in total , it is only just beginning to see what those 80 other countries have already realized: As commerce moves online, so does crime.And yet, as Vesta CMO Tom Byrnes noted, the percentage of commerce being conduct <a href=https://www.cup-stanley-cup.pl>kubki stanley</a> ed online is still relatively low. Despite everything happening in brick-and-mortar retail, from brands collapsing to shopping malls shuttering, the reality is that eCommerce still only makes up 10 percent of total retail spend in the U.S. Digital goods and online markets are still in their early days, believe it or not. The real story is, were just getting started,  Byrnes said.  The ceilings not even in sight. Amazon accounts for more than 40 percent of online retail spend, and the new brick-and-mortar builds for them are early days in a tectonic shift in the way retail operates in America. Shifting r <a href=https://www.stanleycup.pl>stanley polska</a> ight along with it is the fraud landscape. Cybercriminals keep changing the predominant types of digital fraud and their trickiest strategies, keeping pure eCommerce players and anyone with an online retail presence on their virtual toes.Countries that are further along in the EMV transition 鈥?about four years into the cycle, compared to two in the U.S. 鈥?have seen a 70 to 73 pe <a href=https://www.cups-stanley.fr>stanley quencher</a> rcent shift in criminal activity from retail point-of-sale  POS  settings to online channels. Thats because card-not-p
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