Pfizer will build a biologics plant in China, where it will make biosimilars for the Chinese market but also for sale throughout the world. The New York drugmaker has turned to GE for construction of the facility, which has developed a modular construction process that will cut the cost and allow the plant to be operational in about 18 months, instead of three years.
As many as 96 percent of Americans are now shopping online, averaging about five hours a week making online purchases. A recent survey and report from Bigcommerce in partnership with Kelton Global looked at the online shopping habits of 1,000 U.S. consumers and found that online shopping is becoming a necessity for some consumers.
The growth of e-commerce may be slowing, as a majority of U.S. shoppers say they don't plan to increase their online spending over the next three years, a new report found.
Retailers are relying heavily on discounts and promotions early in 2016. The trend is continuing from the 2015 holiday season, according to the "DynamicAction Retail Index: Spring 2016."
