Indonesia’s TikTok Shop tires reveal mixed feelings on e-commerce revolution | Business and Economy News

Jakarta, Indonesia – Tanah Abang is the biggest textile and clothing market in Southeast Asia, well-known among traders all around Asia and as far as Africa. But business these days is not good, with foot traffic down by half compared with before the pandemic. According to stallholders at the nearly 300-year-old market in Central Jakarta, TikTok Shop, the e-commerce feature of the world’s most popular video-sharing app, is squarely to blame. “TikTok is really bad for my business,” Hairun Nisa, whose family has sold men’s casual clothing at Tanah Abang for 20 years, told Al Jazeera. “It’s different to other…

Newton antique shop reaches its 10-year anniversary worried about the future – Newton Daily News

Customer interaction helped pass the time at Relics, LLC Antiques, Collectibles and Shtuff, but several guests were trickling in and out just before the lunch hour last Thursday inside the downtown Newton shop. Although only two hours had passed, the staff were starting to feel like they had been there all day. For the past few months, business has been slow going. January and February are historically the worst months for retail sales. But on this particular day, and a leap day at that, it was the 10-year anniversary of Relics. Sort of. It was the day that owner Laurie…

Visually impaired, advocates call for changes to improve online grocery shopping

Anne Jarry would like to see some major improvements made by Canada’s large grocery store chains to improve their websites and make online shopping a lot easier for the visually impaired. “Frustrated because you go online and you go, geez, why is this still not a law,” Jarry told Global News. The Montreal resident uses a voice-activated screen reader to help her navigate the web. The software is very useful with websites that offer descriptive texts to images, an area in which Jarry says Canadian grocers fall short. “Make sure that you know how to create a website that will…

Fashion follows the brave: Aussies exercise caution when shopping online

More Australians (44%) are changing their spending habits to beat the cost of living crunch. Shoppers spend more time researching brands and products before they buy. Aussies are increasingly loyal to trusted favourites, less likely to try new websites or retailers. New NAB insight reveals Australians are taking their time before adding to their online shopping cart to combat scams and the rising cost of living. According to NAB Economics’ latest Consumer Sentiment report, almost half of Australian shoppers (44%) are making changes to their spending habits to save money and avoid the urge to spend. NAB Personal Banking Executive…

E-commerce worldwide – statistics & facts

E-commerce market leaders Internet users can choose from various online platforms to browse, compare, and purchase items or services they need. While some websites specifically target B2B (business-to-business) clients, individual consumers are also presented with a vast number of digital possibilities. As of 2023, online marketplaces account for the largest share of online purchases worldwide. Leading the global ranking of online retail websites in terms of traffic is Amazon. The Seattle-based e-commerce giant that offers e-retail, computing services, consumer electronics, and digital content registered 6.1 billion direct visits to its .com website in December 2023. In terms of gross merchandise…

Is it better for the environment to buy your Christmas presents online or from a shop?

Quick Read In short: Research out of the US found traditional in-store shopping had twice the impact on the environment as online shopping. But Australian experts say online shopping loses ground when shoppers demand same-day delivery and when purchases are returned. What’s next? November is the busiest month for online shopping deliveries for Australia Post as consumers prepare for Christmas. The year’s biggest season for shopping has begun. The Australian Retailers Association is forecasting Christmas shoppers will spend almost $67 billion on presents, food and other purchases between the start of November and Christmas Eve. More people are shopping online…

Gagasan Strategi Majukan UMKM di Tengah Gempuran Online Shop, Ini Kata Ganjar

Pengunjung melihat beragam produk kerajinan yang dipamerkan pada gelaran International Handicraft Trade Fair (Inacraft) on October 2023 di Jakarta Convention Center, Jakarta, Sabtu (7/10/2023). Inacraft 2023 kembali digelar untuk yang kedua kalinya dengan menyajikan sebanyak 772 stan produk kerajinan UMKM dari dalam negeri hingga luar negeri yang berlangsung hingga besok 8 Oktober 2023. REPUBLIKA.CO.ID, JAKARTA — Bakal Calon Presiden (Bacapres) Ganjar Pranowo turut berbicara mengenai startegi agar produk usaha mikro kecil menengah (UMKM) tetap berkembang di tengah gempuran penjualan barang online dan impor.  Hal itu dikatakan Ganjar merespons pertanyaan seputar strategi kepada UMKM di tengah persaingan dengan online dan barang…