Shopify Inc. reported Thursday (Oct. 28) it has doubled its cumulative gross merchandise value (GMV) in the past 16 months to $400 billion as the company remains focused on simplifying commerce for merchants. Get the Full Story Complete the form to unlock this article and...
The International Olympic Committee (IOC) is teaming up with sports merchandise company Fanatics on its first worldwide eCommerce pact, which gives Fanatics a share of sales of Olympic merchandise through the 2028 Summer Games in Los Angeles. Get the Full Story Complete the form to...
For years, it was frowned upon to give gift certificates or cash to someone as a gift, something that was seen as lazy or thoughtless in certain social circles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In today’s top retail news, social media companies are continuing to build commerce ecosystems on their platforms, while retailers are emphasizing curbside pickup for consumers to avoid exacerbating the inefficiencies of delivery. Also, Poshmark is now allowing brands to sell merchandise directly on its platform,...
The National Retail Federation on Wednesday (Oct. 27) predicted 8.5% to 10.5% growth in retail sales in November and December 2021 compared to the same time a year ago, with projections ranging from $843.4 billion to $859 billion across the U.S. during the holiday shopping...
As retailers gear up to get people their orders throughout the holiday season — hopefully without the delays experienced last year — many are tacitly acknowledging the need to wean themselves, and consumers, off a reliance on delivery and encourage shoppers to pick things up...
Few retailers would open a store nowadays and leave eCommerce as an afterthought, considering that nearly every U.S. consumer has shopped online for something in the past year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Online apparel platform Poshmark has rolled out the Brand Closet Program, which allows large brands to connect directly with and sell on the company’s secondhand marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Car rental firm Hertz and online car retailer Carvana are partnering on an initiative that will allow Hertz to use Carvana’s online transaction technology and logistics network to increase its sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
