Bloomberg When it comes to online orders this Christmas, US consumers are spending more than ever before. Shoppers shelled out a record $110.6 billion online between November 1 and December 19, about $17 billion more than in the same period last year, data from Adobe Analytics show. Half of website traffic this year came from shoppers on the go using ...

Bloomberg It wasn’t that long ago that retailers looking for space at shopping centres would get paperwork only for a multiyear lease. These days mall land-lord Macerich Co. is offering 180 days. Last month, Macerich launched BrandBox, a leasing programme that allows online sellers to dip their toes into the bricks-and-mortar universe with a temporary pop-up store. The first one, ...

ABU DHABI / WAM The UAE maintained its lead in attracting the highest amount of foreign direct investment (FDI) inflows to the Arab region in 2017, according to a top official at the Ministry of Economy. “The UAE was recipient of 40 percent of FDI inflows into Arab and Western Asian countries and 23.3 percent of FDIs directed to Middle ...