Online purchase

BBB warning: Online employment and shopping scams typically target students and young adults

During this time of year, students prepare for the upcoming semester and purchase necessary items such as textbooks, laptops, meal plans, and budgeting for other living expenses. The National Retail Federation expects total spending on back-to-college goods to reach a record $74 billion in 2022, with an average of nearly $1,200 per household. Households with […]

Online shopping

Why retailers’ big bet on an online shopping boom went so wrong

Fashion websites Asos and Boohoo have repeatedly raised profit alarms amid higher yields, while online electronics seller AO World was recently forced to raise £40m sterling from investors to allay concerns about the soundness of its finances. “We didn’t believe all these platitudes,” said David Reynolds, an analyst at Irish financial services firm Davy. “‘Ten […]