I have switched my shopping habits to the online format due to the convenience and the Coronavirus pandemic restrictions. In addition, large markdowns are constantly being advertised. This past weekend, the US advertised Presidents Day sales, and here in Canada, Family Day sales offered large discounts.
The Coronavirus pandemic is one of the main factors driving the customers to shop online. The convenience, lockdowns, and safety measures make online platforms a necessity for items including pet products. Last month I placed an order for the Okokat cat litter. However, when I opened the box, a saw dust cloud covered the whole area and it made me cough.
Fraudulent activity by online sellers continues to increase. Even though AliExpress claims there is a buyer protection, it is rarely in the buyer’s favor. There are multiple ways the buyer can be scammed on the platform. The Russian populous claims the increase in fraudulent activity on AliExpress has risen since the beginning of 2021.
The e-commerce platforms continue to grow. In 2020, online shopping accounted for 13.8% of total retail sales. This year, the online portion of the retail market jumped to 18.4%. Colliers forecasts the number will fall to 16.3% in 2021, and steadily increase, hitting 18.3% again in 2023 and 19.9% by 2025.
The Coronavirus pandemic changed shopping habits and the social interactions. Canada implemented the new lockdowns amid the second wave of the Coronavirus. Therefore, given the rigid temperatures and lack of social interaction, online shopping became more attractive than ever.
The Coronavirus pandemic’s second wave continues to cause havoc around the globe. The quarantine and restrictions continue to be in place for a majority of the world. Hence, online sales have been increasing, due to safety reasons and convenience. Amazon is one of the major players on the online marketplace.
India is famous for its vibrant culture and heritage. It is known as the land of festivals where people of different religions and communities come together to celebrate. Each festival has a story behind it that gives a sneak peek into the history and traditions of the country. They allow people to get together, shop, have fun, relish sweets, and celebrate the customs and traditions prevent in Indian culture.
Respiratory droplets are the main way of transmission of the Covid-19 virus. For now, there is no scientifically confirmed and convincing evidence that coronavirus can be transmitted through food or other unanimated objects. However, the danger of getting infected while shopping still remains.
The highest risk of shopping relates to being among potentially infected people. However, the Internet is bursting with numerous tips on disinfecting all surfaces and purchases, avoiding cash and opting for online shopping. Which of these tips really work?
Be it birthday bouquets or Valentine’s Day roses, flowers always make for the perfect gifting option. There is no doubt in the fact that flowers can actually enhance our way of living. It is scientifically proven that the more we stay in touch with nature, the more it keeps our mood elevated. You can buy flowers not only as a present but also to attract peace, relief and happiness. Even the shades play a role in affecting us in different manners. While some flowers come in calming colors, others can help in focusing better.
This week, Durig takes another look at the number two grocer in the United States. Albertsons has made a significant turnaround in the past few years after its purchase of Safeway stores in early 2015. With its most recent quarterly results, the company has now logged seven consecutive quarters of identical store sales growth. In addition, the company’s online grocery sales grew by 40% year-over-year, a massive win for this traditional brick and mortar retailer. (Other results from its Q2 results, see bullets above)
Handbags, clutches, slings and crossbody bags, purses, backpacks, duffle bag, etc. There are so many names for something as simple as a bag. Aside from these names bags have been differentiated on the basis of other factors such as size, style, color, fabric, etc. They all serve the same purpose however, not every bag is made for every occasion. Some bags have a particular job. For example, clutches for girls are especially curated for parties where there is no need to carry a mismatching big bag; clutches are made to compliment your outfits. Sometimes, bags are a necessity, other times they are just accessories.
Diversification is the word this week as Durig Capital takes a second look at the number two grocer in the United States. Albertsons recently posted its first quarter results for fiscal year 2018. The company showcased some impressive financials including the following:
Adjusted EBITDA of $815.8 million, an increase of 5.7% year-over-year.
39% increase in net cash provided by operating activities.
108% increase in e-commerce sales.
Interest coverage of nearly 3x.