Checking out should be the easiest part of the purchase, but droves of consumers continue abandoning carts due to lingering frictions in the checkout process and experience. It’s a fixable issue that’s getting a lot more attention in 2022 as eCommerce sellers move to convert...
With a focus on sustainable growth, Southeast Asian technology group Grab is revving up efficiency across its processes as it targets profitability by 2024. The Nasdaq-listed firm valued at about $10.8 billion expects revenue to grow by 45%-55% year on year in 2023 and is...
Indian grocery delivery service BigBasket has launched a new funding round that could bring the company’s valuation to $3.5 billion. According to a report Tuesday (Sept. 27) by The Economic Times, sources say Tata Digital Ltd, a division of Tata Sons, and its investors will...
While last year’s wave of retail theft seems to have abated somewhat, retailers say shoplifting attempts are still higher than before the pandemic. That’s according to a Tuesday (Sept. 27) report by The Wall Street Journal, which says retailers such as Best Buy and Home...
Technology, and the great digital shift, have made it easier for firms of all sizes, across all verticals, to tap new markets. Globally. But as B2B transforms and suppliers and buyers connect in new time zones and pay one another in a range of currencies,...
If you can’t beat ‘em, join ‘em. That’s the retail response that a growing list of luxury apparel brands and designers are taking as a surge of resale or reCommerce initiatives gets underway at an important but challenging time for the industry. In the past...
Customers of Beyond Yoga will soon be able to try on the athleisure brand’s products in its first brick-and-mortar store. Soon after the store in Santa Monica, California, opens, customers will also be able to use an omnichannel experience in which they can make appointments...
Retailers are reportedly racing to comply with California’s data privacy regulations as a new, stricter law is set to take effect in the state beginning Jan. 1. The new California Privacy Rights Act (CPRA) expands upon the existing California Consumer Privacy Act (CCPA), which has...
In the September edition of the Expanding Payments Choice Playbook series, PYMNTS discusses the importance of end-to-end digital car buying, a mode of auto sales in which not only can consumers buy their automobiles online, but they can also access financing, rewards schemes and receive...
