At-home shoppers drive record online sales


THING OF THE PAST: People carry shopping bags from Macy's Herald Square during early opening for the Black Friday sales in Manhattan, New York City, U.S., November 28, 2019. REUTERS/Andrew Kelly/File Photo

WITH sparse crowds and none of the stampedes of holidays past, some retail watchers started to refer to Black Friday as Blasé Friday -- and that was even before the virus hit.

The sluggish in-person traffic reported in 2019 is expected to thin out further this year, as mall-wary shoppers move on from traditional midnight doorbusters to digital deals. But it’s still shaping up to be a record year for total holiday retail sales -- and the logistics companies that’ll deliver them.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

SC partners IsDB to advance Islamic capital market, social finance
TA Securities values ACE Market-bound Sin-Kung at 16.5 sen
ACE Market-bound Kawan Renergy aims to raise RM33mil from IPO
Mavcom to continue ensuring high-quality of airports through its framework
China's economy on stable, positive trajectory
Singtel falls up to 3% after US$2.3bil impairment
Yen surges on suspected intervention, Asia shares rise
Nestle Malaysia registers resilient 1Q amid cautious consumer spending
Proton opens R&D facility at Hangzhou Bay, China
LPI Capital's 1Q net profit jumps 37%

Others Also Read