eCommerce

eCommerce
Online Grocery Shopping is Growing, But Not as Quickly as Retail
October 05, 2023

Consumers may be engaging more with eGrocery, but the sector continues to grow more slowly than online shopping overall, PYMNTS Intelligence indicates. By the Numbers As PYMNTS’ Karen Webster points out in a recent feature, “PYMNTS Intelligence’s analysis of 15,000 consumers across 11 countries every quarter...

eCommerce
Grocers Push for Direct Fulfillment Amid Industry’s Digitization
October 05, 2023

This week in grocery news, Ahold Delhaize USA grocers adopt new direct ordering apps, Ocado reportedly doubles down on automation, and online discount grocer Martie launches nationwide. Multinational grocer Ahold Delhaize’s United States eCommerce arm, Peapod Digital Labs, announced Wednesday (Oct. 4) the launch of...

eCommerce
Wellful CEO Says Jenny Craig Can Reach Wider Audience as D2C Brand
October 04, 2023

Rebooted as a direct-to-consumer (D2C) brand, Jenny Craig will now benefit from the widespread expansion of its audience beyond just the locations it can service within reach of brick-and-mortar locations. Following the weight loss brand’s acquisition and relaunch by Wellful, an omnichannel health and diet...

eCommerce
Nike Sees Strong D2C Sales Despite Consumers’ Discretionary Spending Pressures
October 04, 2023

The continued buildout of Nike’s digital channels and direct-to-consumer (D2C) sales, as well as the brand’s inextricable ties to an ecosystem, are helping buck pressures on discretionary spending. The company reported fiscal first-quarter earnings results last week that showed Nike Direct revenues reached $5.4 billion,...

eCommerce
Squarespace Adds Payments to Serve the Needs of ‘Long Tail’ eCommerce Sellers
October 04, 2023

Dan Chandre, Squarespace vice president, head of Acuity and payments, told Karen Webster that a key to connecting merchants with his firm’s platform lies with payments. And to that end, Squarespace’s taking on the mantle of payments facilitator. “It’s the beginning of an evolution,” he...

eCommerce
Global Merchants See Sales Boost With Modern Cross-Border Payments Infrastructure
September 29, 2023

The pandemic era ushered in many favorable trends for global eCommerce businesses, but times have changed, says Pranav Sood, EMEA executive GM at payments firm Airwallex, as international merchants grapple with outdated payments infrastructure and solutions that no longer meets their needs. This situation has...

eCommerce
Allegro Expects eCommerce Market Growth Even as Consumers Trade Down
September 28, 2023

Much like their American counterparts, consumers in Poland are trading down. However, that apparently hasn’t stunted the growth of Allegro, that country’s largest eCommerce platform, as Reuters reported Thursday (Sept. 28).  The company said it expects core earnings growth to speed up at home as wages in Poland...

eCommerce
Report: Amazon Seller Thrasio Mulls Bankruptcy
September 27, 2023

Thrasio, a prominent eCommerce startup specializing in acquiring consumer brands sold on Amazon, is reportedly grappling with financial difficulties following a decline in online spending in the wake of the COVID-19 pandemic. To tackle this issue, the company is actively exploring restructuring options and has...

eCommerce
DOJ Accuses eBay of Selling Products That Violate Environmental Laws
September 27, 2023

The United States Justice Department has filed a complaint against eBay, accusing the online marketplace of unlawfully selling and distributing products that violate environmental regulations. The complaint, filed on behalf of the U.S. Environmental Protection Agency (EPA), alleges that eBay violated the Clean Air Act (CAA), the Federal Insecticide, Fungicide,...