Shopify aggregator OpenStore is reportedly in the midst of a reorganization in which it is shutting down more than 40 Shopify stores, liquidating remaining inventory, and focusing solely on its menswear brand Jack Archer. These changes follow a four-year period in which OpenStore acquired more...
Shopify has launched three tools to make it easier for developers to embed the eCommerce functionality to whatever they are building, such as an app or chatbot. The new offerings are Shopify catalog, universal cart and checkout kit. These tools will let developers tap artificial...
Carvana said Wednesday (July 30) that it achieved record retail unit sales and revenue in the second quarter as it continued to refine its online automotive retail business. The company’s retail unit sales rose 41% year over year to reach 143,280, while its revenue rose...
Temu’s attempts to weather U.S. tariffs are reportedly being hindered by Amazon. The Chinese eCommerce platform — owned by PDD — has been told by American companies that it cannot provide lower prices than Amazon on branded items, the Financial Times (FT) reported Sunday (July...
BLCK said Monday (July 14) that it is set to launch its live shopping channel built for streaming TV by the fourth quarter, in time for Cyber Week, Black Friday and Christmas shopping. The channel will air shoppable product shows and interactive deals on streaming...
Market research company Numerator said Friday (July 11) that the average household spend during Amazon’s first four-day Prime Day sales event reached $156.37. The average order size during the event was $53.34, and nearly two-thirds of the households that shopped during Prime Day placed two or more orders,...
Adobe said Monday (July 7) that during Amazon’s Prime Day sales event that runs from Tuesday (July 8) through Friday (July 11), it expects the amount of traffic to all U.S. retailers that comes from generative artificial intelligence (AI) chat services and browsers to leap...
Will U.S. tariffs cause shoppers to sit out this year’s Prime Day? Amazon kicked off its annual summer sale on Tuesday (July 8), but as Bloomberg News reported, the trade war has caused some consumers — and some brands — to stay away. The report notes that the...
Watch more: Local Payment Methods Key to Winning Share Across European Markets For eCommerce firms, the European Union can present a tantalizing opportunity and a logistical labyrinth. With 27 member states, 24 official languages, a range of economic profiles and unique consumer behaviors, the EU...