E-commerce represents only three to four per cent of the Australian retail industry, which is half compared to the US and the UK, showing there is still e-commerce growth yet to come.
The secure payment channel said the fashion sector is now PayPal Australia’s second largest eCommerce category, behind electronics.
eBay said while fewer physical stores may mean fewer jobs, there will be an increase in other areas such as logistics and stock control.
As part of the transaction, eBay will divest 100 per cent of GSIâ€™s licensed sports merchandise business and 70 pe rcent of ShopRunner and Rue La La. eBay believes these businesses are not core to its long-term growth strategy.
Attorney-General Robert McClelland introduced the Electronic Transactions Amendment Bill 2011 into the House of Representatives to bring Australiaâ€™s electronic transaction legislations into the 21st century.
The MobileShopper is a Smartphone-based application that integrates online shopping with the in-store experience by bringing together a retailer's bricks and mortar technology silos with their web/ecommerce platforms.
Woolworths has decided to bring its liquor label Dan Murphy's online with an e-Commerce website.
Australian Geographic Retail has partnered with brand and design agency phdcreative to extend its retail offering online with the launch of its e-commerce website.
Hitting the 1000 retailer milestone comes off the back of Getprice signing agreements with retailers such as Bing Lee, Big W, Dick Smith and Rebel Sport.