Tag #Online Retail

Showing 25 to 31 of 31 results

sueddeutsche.de

🌐 85% Global Worthiness

Feb 5, 22:12

EU Investigates Shein, Plans Customs Reforms Amidst Surge in Cheap Imports from China

The EU Commission launched an investigation into Shein for potential consumer protection violations and plans to reform customs laws to control the massive influx of cheap goods, mainly from China (4.6 billion packages in 2024, triple 2022's amount), eliminating the €150 duty-free threshold and intr...

EU Investigates Shein, Plans Customs Reforms Amidst Surge in Cheap Imports from China

The EU Commission launched an investigation into Shein for potential consumer protection violations and plans to reform customs laws to control the massive influx of cheap goods, mainly from China (4.6 billion packages in 2024, triple 2022's amount), eliminating the €150 duty-free threshold and intr...

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Responsible Consumption and Production

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What immediate actions is the EU taking to address the surge in imports of low-cost goods from platforms like Shein and Temu, and what are the primary concerns driving these actions?

The EU Commission is cracking down on the influx of cheap goods from platforms like Shein and Temu due to consumer protection and safety concerns. An investigation into Shein is underway, focusing on potentially unfair contract terms and practices. The Commission also plans reforms to better control the rising number of small packages, mostly from China, entering the EU.

smh.com.au

🌐 75% Global Worthiness

Jan 21, 04:08

Catch.com.au to Close Amidst Fierce E-commerce Competition

Catch.com.au, owned by Wesfarmers, will cease operations on April 30th due to intense competition from Amazon, Shein, and Temu, resulting in nearly 200 job losses but a transfer of 100 e-commerce roles to Kmart, which will utilize Catch's warehouses. Wesfarmers bought Catch in 2019 for $230 million ...

Catch.com.au to Close Amidst Fierce E-commerce Competition

Catch.com.au, owned by Wesfarmers, will cease operations on April 30th due to intense competition from Amazon, Shein, and Temu, resulting in nearly 200 job losses but a transfer of 100 e-commerce roles to Kmart, which will utilize Catch's warehouses. Wesfarmers bought Catch in 2019 for $230 million ...

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Decent Work and Economic Growth

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What is the primary reason for Catch.com.au's closure, and what are the immediate consequences?

Catch.com.au, an Australian online retailer, will shut down on April 30th, resulting in the loss of nearly 200 jobs. 100 e-commerce roles will transfer to Kmart, utilizing Catch's warehouses. This decision by parent company Wesfarmers aims to eliminate losses and focus on more profitable ventures.

bbc.com

🌐 65% Global Worthiness

Dec 1, 16:35

EU Safety Rules Force Changes for Online Sellers to Northern Ireland

Starting December 13th, new EU product safety rules will require Great Britain-based online sellers to designate a responsible person within the EU or Northern Ireland to sell goods there, potentially impacting small businesses who may choose to halt sales to Northern Ireland due to increased compli...

EU Safety Rules Force Changes for Online Sellers to Northern Ireland

Starting December 13th, new EU product safety rules will require Great Britain-based online sellers to designate a responsible person within the EU or Northern Ireland to sell goods there, potentially impacting small businesses who may choose to halt sales to Northern Ireland due to increased compli...

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How will the GPSR affect small businesses and what support is being offered?

The regulation stems from Northern Ireland remaining within the EU's single market for goods post-Brexit. This necessitates compliance with EU regulations, creating challenges for GB-based businesses lacking a Northern Ireland presence. The requirement for a responsible person, coupled with potential sourcing difficulties for Northern Ireland businesses, highlights the ongoing complexities of the Brexit agreement.

euronews.com

🌐 % Global Worthiness

Nov 8, 19:05

Temu Faces EU Action Over Deceptive Practices

The European Commission accuses Temu of deceptive commercial practices and gives it one month to respond or face potential fines.

Temu Faces EU Action Over Deceptive Practices

The European Commission accuses Temu of deceptive commercial practices and gives it one month to respond or face potential fines.

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What specific deceptive practices is Temu accused of?

Temu has one month to respond to accusations of deceptive commercial practices, including bogus discounts, hyped reviews, and misleading information about product availability and returns.

npr.org

🌐 65% Global Worthiness

Jan 30, 01:07

Bookshop.org Supports Local Bookstores Through E-book Sales

Bookshop.org, a new online retailer, exclusively supports local bookstores by selling e-books, addressing the technical challenges smaller stores face in offering digital formats; this new income stream helps indie bookstores remain competitive.

Bookshop.org Supports Local Bookstores Through E-book Sales

Bookshop.org, a new online retailer, exclusively supports local bookstores by selling e-books, addressing the technical challenges smaller stores face in offering digital formats; this new income stream helps indie bookstores remain competitive.

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28% Bias Score

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Reduced Inequality

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How does Bookshop.org's e-book platform directly impact the financial stability and reach of independent bookstores?

Bookshop.org, a new online retailer, exclusively supports local bookstores by selling e-books, addressing the technical challenges these stores face in offering digital formats. This provides indie bookstores with an additional income stream, supplementing their physical sales.

cnbc.com

🌐 85% Global Worthiness

Jan 2, 22:08

Hindenburg Accuses Carvana of Accounting Manipulation, Stock Drops 3%

Hindenburg Research accused Carvana of accounting manipulation and undisclosed related-party transactions involving $800 million in loan sales, causing a 3% stock drop; CEO Ernie Garcia III and his father, Ernest Garcia II, are implicated.

Hindenburg Accuses Carvana of Accounting Manipulation, Stock Drops 3%

Hindenburg Research accused Carvana of accounting manipulation and undisclosed related-party transactions involving $800 million in loan sales, causing a 3% stock drop; CEO Ernie Garcia III and his father, Ernest Garcia II, are implicated.

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Reduced Inequality

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What are the potential long-term consequences of Hindenburg's report for Carvana, including regulatory actions, legal challenges, and the company's future?

Hindenburg's report could trigger further investigations into Carvana's financial practices and potentially lead to regulatory scrutiny or legal action. The close relationship between Carvana and DriveTime raises concerns about conflicts of interest and potential manipulation of financial reporting. The long-term impact on Carvana's stock price and its business model will depend on the outcome of these potential investigations and the market's response to the allegations.

welt.de

🌐 % Global Worthiness

Nov 13, 16:05

Record Number of Counterfeit Goods Seized in EU

A record number of counterfeit products were seized within the EU in 2023, largely due to the increase in online trade and the resulting challenges in border control.

Record Number of Counterfeit Goods Seized in EU

A record number of counterfeit products were seized within the EU in 2023, largely due to the increase in online trade and the resulting challenges in border control.

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What types of counterfeit products were most frequently seized?

Counterfeit games were the most frequently seized items, followed by toys and CDs/DVDs. The authorities also noted a rise in seized packaging and labels, indicating that counterfeiting often takes place within the EU itself.

Showing 25 to 31 of 31 results