Known as 618 because it falls on June 18, the festival was being closely watched for signs about the health of the consumer in the world's second-largest economy, as it looks to recover from the coronavirus pandemic.
JD.com said transaction volume totaled 269.2 billion yuan ($37.99 billion). This figure is the total value of all orders for products and services placed on the company's online platform, regardless of whether the goods are sold, delivered or returned. That was more than the 201.5 billion yuan in transaction volume last year.
Quite a lot has been going on:
Hilldale Shopping Center reopens with some new rules
MADISON, Wis. (WMTV)-- Hilldale Shopping Center has reopened to the public but, like all re-openings amid the pandemic, there are some new rules in place.
The owner of the open-air shopping mall, WS Development, released the new rules on Thursday. Those rules are:
Reduced center hours of Monday-Saturday, 10 a.m. to 6 p.m. and Sunday, 12 p.m. to 6 p.m., are in effect through July 31. Guests are encouraged to check with individual businesses prior to visiting to understand their hours of operation, safety protocols and services being offered.
Alibaba, JD.com Net $136B In Annual Shopping Event | PYMNTS.com
China's biggest online shopping event since COVID-19 put fear into the Asian economy netted $136.5 billion for two of the nation's eCommerce giants.
Alibaba Group Holding Ltd., the global technology company specializing in retail, and JD.com Inc., the Beijing-based online shopping site, collected record sales during the annual 618 sale, named for the date it ends, June 18 (Thursday), CNBC reported .
The 18-day event delivered $136.5 billion, better numbers than last year as the companies rebounded from the coronavirus. Alibaba said it handled 698.2 billion yuan ($98.52 billion) during the sale, while JD.com said volume reached 269.2 billion yuan ($38 billion), up from 201.5 billion yuan in 2019
COVID-19: Shopping malls allowed to reopen June 29 - Montclair Local News
After shuttering on March 17, Gov. Phil Murphy announced today that malls will be allowed to reopen starting on June 29.
"Certainly, malls are part of New Jersey lore and culture," Murphy said, as much as in, if not more, than any other state, adding that New Jersey residents wanted malls to reopen as soon as possible.
When malls reopen, stores will be limited to a 50-percent customer capacity, and restaurants can offer food for takeout or for outdoor dining only. Communal areas such as food courts will remain closed or cordoned off.
Other things to check out:
Africa's coronavirus lockdowns may trigger a turning point in online shopping - CNN
London (CNN Business) Covid-19 has brought untold hardship to Africa, but lockdowns are also driving a move to online shopping in a continent where it has been slow to take off.
Singapore retail sales to stay weak after easing of coronavirus lockdown
Singapore on Friday eased restrictions further and reopened pockets of the economy that were suspended due to coronavirus — but retailers are not hopeful the move would do much to lift their already struggling businesses, according to an industry association.
The Southeast Asian economy has been badly hit as measures — both overseas and domestically — aimed at containing the spread of the virus halted much of global economic activity. Singapore's economy is expected to shrink by between 4% and 7% this year, according to the official forecast.
Talbots Red Hanger Sale 2020: The best deals from popular online shopping event - nj.com
Ked's tree toile printed sneakers, a Talbots exclusive, are also now $32.99 compared to $55. (Photo courtesy of Talbots) Talbots
Women's clothing retailer Talbots is currently holding its Red Hanger Sale 2020 online shopping event through July 12.
The popular sale happens only twice a year, with huge discounts of up to 40% off from already marked down prices.
Below is a roundup of some of the better deals Talbots is offering right now during its Red Hanger Sale 2020 shopping event.
Outdoor dining, indoor shopping now allowed in Alameda County as more coronavirus restrictions
ALAMEDA COUNTY, Calif. (KRON) – Alameda County is easing more coronavirus restrictions on Friday, now allowing for outdoor dining and indoor retail shopping.
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On Thursday, Governor Gavin Newsom’s administration issued a statewide mandate requiring the use of face masks in most public settings in order to curb the spread of the virus.
SANTA ROSA, Calif. (KRON) - More businesses in Sonoma County can reopen and activities resume as more coronavirus restrictions are relaxed.
Happening on Twitter
Alibaba's https://t.co/ydbXXW86zf said its trading volume from June 1-18, the 6/18 online shopping festival, hit a… https://t.co/TSAeXS6jRw globaltimesnews (from Beijing, China) Fri Jun 19 02:07:13 +0000 2020
Alibaba and https://t.co/l0RHwJq452 handle a record $136.51 billion in sales during major Chinese shopping event https://t.co/xv2hTejBjf CNBC (from Englewood Cliffs, NJ) Fri Jun 19 05:49:20 +0000 2020
#Alibaba و https://t.co/amSAIF3doV تسجلان مبيعات قياسية بلغت 136.5 مليار دولار خلال مهرجان التسوق الصيني الرئيسي -… https://t.co/yYQ5comNOJ CNBCArabia (from Dubai, United Arab Emirates) Fri Jun 19 08:26:06 +0000 2020
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