Find in the news:
BY COUNTRY

Warnings of Alibaba’s effect in US issued by US retailers



Warnings have come from several large US retailers that local companies may be "decimated" by Alibaba, unless online retail tax loopholes are closed by Congress.
They chose to focus on the Chinese company even before it has had the chance to establish their presence in the American consumer market.

The Alliance for Main Street Fairness, which comprises of JC Penney, Target, Best Buy and several other major chains, called for Congress to put an end to special tax treatment for online giants, such as Alibaba. 

This call for action was presented via radio and TV ads over the weekend, which marks one of the largest public campaigns against the Chinese company, which is responsible for e-commerce transactions in excess of what both eBay and Amazon make.  Alibaba only became known to the American market after it went public in the largest-ever IPO in the world, during September.

Industry analysts and US retailers are expecting Alibaba to launch a service specifically targeted at US consumers, with the help of its IPO horde.

The company, however, has stated that it will continue to place its primary focus on the market in China as that is where it earns most of its income.  It states that the increase of its online presence and wealth will give assurance that its home market will remain its main growth driver in the future.

Alibaba currently handles American sales via AliExpress, its global retail service.  Its main Taobao service, which has been compared to eBay, is not available to US customers in the English language.

Representatives of Alibaba in the US have not responded to requests for their comments.

More about shopping malls in the USA



TODAY, France:
Mango’s growth strategy also encompasses 15 new boutiques in Italy this year.
YESTERDAY, United Kingdom:
Miniso remains poised to expand its presence and consolidate its brand in the European retail landscape.
DAY BEFORE YESTERDAY, USA:
Lanvin has introduced its latest venture at South Coast Plaza.
Jun 14, 2024, USA:
Global superstar Rihanna unveiled her latest venture, Fenty Hair.
Jun 13, 2024:
The next European implementation will take place in Hamburg.
Jun 11, 2024, Mexico:
Luxury fashion house Balenciaga made its debut on Friday in Cancún.
Friend
and Follow
South Coast Plaza GLA:2 800 000 SF
ADDRESS: 3333 Bristol St, Costa Mesa, CA 92626
USA . Los Angeles
South Coast Plaza
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet
Woodfield Mall GLA:2 200 000 SF
ADDRESS: 5 Woodfield Mall, Schaumburg, IL 60173
USA . Schaumburg
Woodfield Mall
Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us