The year-end-splurge online may come as no surprise. The pullback in the first quarter may come as no surprise, either. The overall movement is upward — where eCommerce is following a long-term trend, moving beyond pre-pandemic levels and showing staying power. But the volatility is...
Google’s latest unveiling of artificial intelligence (AI)-powered search tools has sent ripples through the business world, prompting leaders to rethink their digital strategies. The tech giant’s new features promise to disrupt online information retrieval, leaving companies scrambling to understand and adapt. With Google’s AI search tools...
EBay has unveiled a new “resell on eBay” feature designed to make it easier for brands and consumers to list clothing on the online marketplace. The new feature will be built into Certilogo’s Secure by Design digital ID, accessible by scanning a connected product’s smart label, and...
Squarespace is going private in a $6.9 billion deal with private equity firm Permira. Subject to regulatory approvals and other customary closing conditions, the transaction is expected to close by the fourth quarter, Squarespace said in a Monday (May 13) press release. Becoming a privately held company will give the...
BigCommerce has debuted an open-source version of its business-to-business (B2B) Buyer Portal platform. The new offering gives “enterprise manufacturers, distributors, wholesalers, developers and agency partners creative control to build and customize the optimal B2B buyer experience with speed, at scale and at a lower total cost,” the software-as-a-service (SaaS) company...
If the luxury eCommerce space is tumbling down, Mytheresa plans to come out on top. “I think there is an understanding in the market that the industry is consolidating, and that there are some winners and some losers,” Michael Kliger, the company’s CEO, told the Financial Times (FT) Sunday...
This National Small Business Week, merchants are increasingly moving beyond Main Street — and into eCommerce. And with the news that the post-pandemic growth for most Main Street small and medium-sized businesses (SMBs) is surpassing analysts’ expectations, just how these vital components of the American...
Typically, consumers’ preferred purchasing channel remains the physical store, but when it comes to buying electronics, shoppers turn to third-party marketplaces for affordability and convenience. By the Numbers The new PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces” drew from...
When low-income shoppers tap digital channels, they prefer to shop with retailers rather than going straight to brands’ eCommerce shops, trusting stores to offer them the best price. By the Numbers The PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers...
