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Retail

Online shopping fraud in the UK is a 2.3bn pounds crisis

As the UK grapples with an unprecedented surge in fraudulent activity, new research from The Co-operative Bank has unveiled a concerning pattern in consumer vulnerability, with online shopping fraud emerging as the nation's most prevalent scam. The findings come as total losses to fraud reached 2.3 billion pouynds in 2023 — a startling 104 per...

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RetailFeatured

Fashion is the top category for cross-border online shopping

A survey of online shoppers in the US, UK, Germany and Australia suggests 57 percent have made at least one cross-border purchase in the last 12 months. Clothing and footwear are the mostly likely products purchased via ecommerce sites in other countries, as are beauty (42 percent) and leisure items (44 percent). In a survey of 2,035 online...

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